Laundromat
New York County, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $950,000 |
$475,320 |
$198,554 |
Furniture and Fixtures Value:
$500,000 (included in the asking price)
Inventory Value:
$2,000 (included in the asking price)
Real Estate:
$1,750,000 ( not included in the asking price)
Business Summary:
4,600 sq. ft. Laundromat near 2,500 rental apartment units in walking distance. Equipment is Huebsch: 60 washers, 62 dryers - computerized card system. Still under warranty - great potential to grow by adding wash/fold and dry cleaning drop. Should increase profit by 30%. Owner build-out cost over $750,000. For further information please contact Vincent Stagliano at 908-851-9040 Ext. 270.
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| Year
Business was Established: 2008 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Owner will give 25 year lease to qualified buyer. New equipment still under warranty. Cost owner $750,000 to build |
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| Potential
Growth/Expansion:
Income can be increased by adding wash and fold plus dry cleaning drop |
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| Competition:
Nothing near |
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| Owner
willing to finance:
Yes |
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| Owner
willing to train:
As needed |
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| Reason for selling:
Other business interests |
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| REQUEST MORE INFO |
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