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Corner Unit Laundromat in Bronx

New York (Bronx County)

Services - Drycleaning/Laundry

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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Business For Sale By

Steve Lim

Kingstone Realty

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