LOCATION, LOCATION, LOCATION Est. Laundromat
New York City, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $480,000 |
$312,400 |
$126,604 |
Business Summary:
Brand new Laundromat located on Broadway. In the heart of midtown NYC. 1,500 sq. ft., charges more per wash based on size of washers, than other Laundromats within other 4 boroughs. No place to build. Huebsch (21 washers and 22 dryers). 5 years warranty on parts, long lease. 100% owner absentee. Buyer must qualify in order to be approved for loan through preferred lender. Breakdown of sales: coins (38%), drop-off laundry (49%), dry clean (8%), soaps (5%). For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.
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| Year
Business was Established: 2011 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
1,500 sq. ft., good condition, rent $4,500, lease 19 years (1 year inc. 3%) |
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| Competition:
Several |
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| Owner
willing to finance:
Buyer has to qualify for a loan with a preferred lender |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Has too many businesses, needs to slow down |
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| REQUEST MORE INFO |
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