Laundry & Dry Cleaners
Bronx County, New York
Asking Price: |
Gross: |
Cash Flow: |
$375,000 |
$312,000 |
$112,376 |
Furniture and Fixtures Value:
$100,000 (included in the asking price)
Inventory Value:
$0 (included in the asking price)
Business Summary:
Long time Laundromat located in densely populated commercial area of the Bronx. Equipment consists of 22 washers (11-18 lb., 7-35 lb., 4-35 lb.), 18 dryers (all new) Wascomats, breakdown of income weekly 4,000 coin - drop off 1,000, dry cleaning 1,000. Can use more internal area for all 3 sources of income. Store can possibly by expanded. Store always busy and can do business 24 hours Mon-Thurs also. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285.
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Year
Business was Established: 1992 |
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Number of Employees:
6 |
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Facilities / Terms of Lease:
1,680 sq. ft. of continual business every open hour good lease with option. Rent goes up 2% a year. Street parking in area is always available. Can expand if area became available. |
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Potential
Growth/Expansion:
Open 24 hours 7 days a week plus changing interior to get more equipment inside, all revenues would increase |
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Competition:
Area is flooded with inhabitants – there is enough business for any Laundromat that opens. Can use more in area |
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Owner
willing to finance:
Owner would accept payment of $325,000 plus note on dryers to be assumed by new owners |
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Owner
willing to train:
Two weeks |
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Reason for selling:
Retirement |
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REQUEST MORE INFO |
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