Services - Drycleaning/Laundry

Asking Price	$275,000	Inventory
Gross Income	$180,000	Real Estate
Cash Flow	$80,000	Year Established	2002
FF&E	Included*	Employees	1

* included in the asking price

** not included in the asking price

- Located most heavily populated residential area in Bronx. - 25 Dexter washers, of which 7 are brand new and 18 brand new Dexter dryers. Owner has invested over $150,000 for renovation of machines. - 1,250 sft hall - Huge potential for wash & fold. - Monthly Rent $2,450 including tax and escalate 4% yearly. - Lease 7 years left - Business Hour 8 to 10 , 6:30 to 10 for weekend - Employee: One part timer - Annual Sales: $180,000 - Annual Expense: $97,620 - NOI: $80,000 - Monthly Expenses Rent: $2,450, Payroll $1,300, Utility $2,200, Water $1,600, Supply $200, Tel. $135, Alarm $50, Insurance $120, Garbage $80. - Newest machines in the area - New machines are bringing new business. - Asking Price of Business: $275,000 Due to high volume of calls, I strongly recommand you to fax/email attached NDA broker before you ring broker.

Attachments: Download additional information (PDF)

Financing: No

Reason Selling: Family Issue