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Laundromat

New York County, New York

Asking Price: Gross: Cash Flow:
$175,000 $260,000 $74,800

Furniture and Fixtures Value:
$10,000 (included in the asking price)

Inventory Value:
$500 (included in the asking price)

Business Summary:
Great upscale neighborhood. Upper West Side, plenty apartments in area. Needs owner/operator. Can do more wash/fold and delivery which should improve business by 50%. Landlord will negotiate to new lease. For further information please contact Vincent Stagliano at 908-851-9040 Ext. 277

 
   
   
Year Business was Established: 1996
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Street parking – 2 year lease. 16 dryers/23 washers  
   
Potential Growth/Expansion: Can do more wash/fold  
   
Competition: None  
   
Owner willing to finance: Prime + 2%  
   
Owner willing to train: 1 month  
   
Reason for selling: Other business interests  
 

 

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