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Laundromat

Queens County, New York

Asking Price: Gross: Cash Flow:
$225,000 $234,000 $94,000

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Inventory Value:
$1,000 ( not included in the asking price)

Business Summary:
24 washers, 18 dryers Wascomat + extractor. Busy main street with plenty of apartments in the area. Machine completely rebuilt. Security cameras - 3 TVs. 25% coins, 50% Wash/Fold, 25% dry cleaning. Free pick up and delivery. For further information please contact Vincent Stagliano at 908-851-9040 Ext. 270.

 
   
   
Year Business was Established: 2011
   
Number of Employees: 2  
   
Facilities / Terms of Lease: Completely rebuilt washers/dryers. 5 year lease and 5 year option  
   
Potential Growth/Expansion: Stay open later  
   
Competition: None  
   
Owner willing to finance: Prime + 2%  
   
Owner willing to train: 1 month  
   
Reason for selling: Owner partner wants out  
 

 

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