Services - Drycleaning/Laundry

$Seller Financing Available

Asking Price	$850,000	Inventory
Gross Income	$1,17,6,000	Real Estate
Cash Flow	$392,240	Year Established	2005
FF&E	$550,000*	Employees	1ft / 10pt

* included in the asking price

** not included in the asking price

This is a well established successful and unique combination of a local Laundromat and commercial wholesale wash and fold bundling Business in the Bronx, servicing the Manhattan area. The equipment is updated with equipment and fixtures valued at $550,000. The business is generating a discretionary cash flow of approximately $5000 per week for the prospective new owner. It is in a good location, well kept and in a concentrated populated area of buildings with repeat clientele, limited competition and tremendous expansion capabilities. This is an easy to run and profitable business so don t hesitate to call Morris at any time, on my cell phone at 347-239-5723 or at the office 914-358-3550 Ext 1842 for more in depth information

Facilities: 7,000 Sqr ft 3 Vehicles

Competition: Limited Competition in the area

Growth/Expansion: Advertise locally and increase the Retail end of the business

Seller Financing Available: Yes

Financing: Will consider all offers

Support/Training: Yes

Reason Selling: Out of country business interest forcing owner to relocate