Full Service Laundromat For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $136000
Net Profit / Cash Flow $64968
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other interests.
Description This business is a Full service Laundromat for sale located next to thousands of apartments & senior complexes offering self & full service. This small well established business is always busy & has very little competition. They have 32 machines, 16 washers & 16 dryers. Property is for sale by owner, asking $525,000 for property only! This Laundromat can greatly increase business by offering pick up & delivery service & by getting house commercial accounts as absentee seller does no advertising or promoting. This store also due to increase its prices. Now, believe it or not, this 1,000 square foot business also has a full dry basement which can be used or sub leased. Employee in place that does all full service work. Offers front & back parking with 2 entrances. They presently have 10 pick up & drop off accounts. Full time worker available to run business but you will earn $30,000 less than stated.
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