| Asking Price |
$150,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$175,200 | Real Estate |
|
| Cash Flow |
$65,000 | Year Established | 1935 |
| FF&E |
N/A | Employees | 2 |
* included in the asking price
** not included in the asking price
- Located at condense populated residential area in Bronx since 1935. - Current owner has operated 16 years as absentee ownership. - 23 washers and 22 dryers in working condition. - Unusual short business hour of 6 am to 7 pm/7 days. Extention will be generating extra revenue. - Huge potential for drop off service. Customers want it but owner is still not energitic yet. - 2 part timer employees - Lease 10 years - Rent: $2,100 including property tax (same for 4 years and 3% up/3 years) - Average monthly sales $14,000 - Monthly profit from soap sale $600 - Average Yearly Income $65,000 - Asking Price of Business $150,000 - Renovation Requirement from Landllord +/- $40,000 (Any licensed/bonded contractor can do in accordance with landlord s specification and save money) Due to high volume of calls, you are strongly recommanded to fax/email BCA first to broker to get a fact sheet.
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Steve Lim
Kingstone Realty
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