NYC Uptown Laundromat
New York County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$450,000 |
$384,800 |
$144,280 |
Furniture and Fixtures Value:
$100,000 (included in the asking price)
Inventory Value:
$500 ( not included in the asking price)
Business Summary:
Located in NYC Laundromat in extremely safe upper west side area of Manhattan. Over populated with many apartment buildings. This Laundromat is run completely absentee. This is a down fall as it needs an owner operator to bring it to the next level. Laundromat although tight can use more help. 33 machines, 19 washers, 14 dryers all coin operated Huebsch. Open 7:00am to 10:00pm daily. Can stay open 24 hours. 11 year NYC lease rare. Offers dry cleaning service. For further information, please contact Vito Mastromonaco at 908-851-9040 Ext 285
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Year
Business was Established: 1986 |
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Facilities / Terms of Lease:
1000sq.ft of activity. Street parking, good lease for NYC 11 years. 33 Huebsch machines. Busy at all times |
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Potential
Growth/Expansion:
Possibility of purchasing building and opening for 24 hours. It would do business during this time. |
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Competition:
In Manhattan you can find at least one Laundromat on every square block. This square has one and this is the one. |
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Owner
willing to train:
Two weeks |
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Reason for selling:
Owner selling off all his Laundromats |
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REQUEST MORE INFO |
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