Sutton & Co. is a business brokerage, business consulting, and commercial real estate company based in New York, NY. Primarily serving the New York, New Jersey, Pennsylvania, and Connecticut areas, Sutton & Co. handles a wide array of business needs ranging from start-up and growth capital to business brokerage services no matter what state the business is located. Our main goal is to provide the ultimate level of transparency and client service. Our professional team includes serial entrepreneurs, project managers, mortgage bankers, accountants, and attorneys - all available to assist you, the client, in accomplishing your business goals.
Our dedicated team includes entrepreneurs, accountants, and corporate attorneys all with years of M&A experience.
Kings County, NY
Terrific Brooklyn laundromat with 9 new Speed Queed double stack dryers and washers are Unimat 5 18lbs 5 25lbs 6 35 lbs 1lbs. This place has huge potential and a great rent only $2000 a month. Currently does 2500 a week. Call Craig Renard 646-418-0474 to set up your appointment today. Please call 1-877-735-5224 or refer to the Confidentiality Agreement below for more information.
This profitable and well-maintained large family-run laundromat is located in a safe, diverse, and growing Brooklyn neighborhood. It's doubtful you'll uncover another gem like it. Steady customer flow from 7am-1am seven days/week. The seller is the landlord, so getting a new and long lease of at least 15 years will not be a problem. The laundromat has 30 washers (18 regular, 8 large and 4 super large) and 30 dryers (15 Huebsch Originator Twin 30s), all approximately seven years in use requiring only minor repairs and maintenance. In-house drop-off laundry service and the out-sourcing of dry cleaning together contribute toward about $100K of the $300K in gross revenues. The other $200K is from self-service use of the machines. Additional income from coin changing machine, an ATM on premises, a variety of vending machines, a massage chair and miscellaneous other revenue generators bring in another $18K of profits. You may want to retro-fit machines with a card reading system, grow the pick-up and delivery business, and do more local advertising. The laundromat is housed in a 5-story, 18 unit residential building, all of which is currently under one water meter. The seller/landlord believes he is fairly representing the laundromat's share ($15,000) of the building's total annual water bill ($22,000) in the accompanying business profile we provide. He will at his cost install a separate water meter for the laundromat at or around closing and is glad to educate buyers who are new to the laundromat business. Please become a premium member at www.vestedbb.com to receive the name and address of this laundromat to do a discreet walk by, then call 1-877-735-5224 or refer to the Confidentiality Agreement below for more information.
Brooklyn Bay Ridge, NY
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