Laundromat
Bronx County, New York
Asking Price: |
Gross: |
Cash Flow: |
$1,500,000 |
$728,000 |
$391,636 |
Furniture and Fixtures Value:
$800,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Business Summary:
New start up Laundromat; state of the art facility; revenues climbing about $11-12,000wk; projecting to $15k wk in yr 3; 80 dryers + 64 washers all new and under warrant; long lease in place with options and low escalator; motivated seller; sales breakdown +/- 20% W&F +/- 20%, dry clean drop +/-60%, self service; new buyer can increase wholesale & commercial accounts. For further information, please contact Douglas Grassey at 908-851-9040 Ext 265
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Year
Business was Established: 2010 |
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Number of Employees:
3PT |
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Facilities / Terms of Lease:
Approx 6,000sq.ft; over 140 machines; brand new facility; equipment under warranty; parking in rear; card system |
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Potential
Growth/Expansion:
New operator can aggressively expand commercial accounts |
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Competition:
Limited competition; demographics are dense population base mainly rental apartments |
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Owner
willing to finance:
Cash offers |
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Owner
willing to train:
as needed |
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Reason for selling:
New development project |
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REQUEST MORE INFO |
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