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Laundromat

New York, New York

Asking Price: Gross: Cash Flow:
$699,000 $675,000 $233,240

Business Summary:
Excellent locations for busy Laundromat wholesale business-wash/fold/same day deliver to central Manhattan district. Equipment=Hebach+Speed Queen 32 washers; 34 dryers; 3 extractors and 2 vehicles. Video Security system. For further information, please call Vincent Stagliano at 908-851-9040, ext. 270 or 973-519-3954 , email: [email protected]

 
   
   
Year Business was Established: 1993
   
Number of Employees: 10  
   
Facilities / Terms of Lease: 2500 sq. ft. - 32 washers, 34 dryers, 8 years + 5 years after  
   
Potential Growth/Expansion: Could bring in more accounts  
   
Competition: None in the area  
   
Owner willing to train: 2 months  
   
Reason for selling: Partners disagree  

 

 

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