Super Laundromat For Sale in Great Bklyn Neighborhood

Brooklyn, NY (Kings County)

Seller Financing Available
Super Laundromat For Sale in Great Bklyn Neighborhood

Asking Price:$375,000

Cash Flow:$80,000

Gross Revenue:$320,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:$5,944.00

Established:2008

Super Laundromat For Sale in Great Bklyn Neighborhood

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Business Description

Absentee owner

This Laundromat has been well established in the neighborhood for 8yrs and looks brand new. It's been run by the same employees for 8 years and uses the latest (V8) CCI laundry card system, allowing the owner to run the store completely absentee. It has 39 Washers and 38 Dryers in a 3000+sq ft. space with a wide store front and an additional side entrance. All machines and equipment are in great working condition as a mechanic visits the store bi-monthly to ensure all equipment is running properly. The store also does drop-off dry cleaning and wash & fold. The employees do home delivery of dropped off laundry to the established customers in the neighborhood. It's in the nice Brooklyn neighborhood of Dyker Heights. There is also an additional 900sq ft fully-finished basement with a private entrance that can generate revenue as an office or storage space. If interested, please contact the owner at: FernandoAgramonte1@gmail.com

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,900
Lease Expiration:
7/1/2032
Employees:
5
Facilities:
All the machines are owned by the store.
Competition:
There have not been any new laundromats in the area for the past 6 years. There are two very small old laundromats 3 blocks away.
Growth & Expansion:
Additional revenue can be generated by expanding delivery service, renting 900sq ft of available storage space, additional vending options, etc.
Support & Training:
Owner is willing to stay on and help transition to a new owner.
Reason for Selling:
Owner moved so now looking for a store closer to home.

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Business Listed By:
Fernando Agramonte

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