Desirable Laundromat for Sale in Queens County, NY 32528

Westchester County, NY

Desirable Laundromat for Sale in Queens County, NY 32528
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Asking Price: $110,000

Cash Flow: $60,000

Gross Revenue: $157,000

EBITDA: N/A

FF&E: N/A

Inventory: $50*

Established: N/A

*not included in asking price.

Desirable Laundromat for Sale in Queens County, NY 32528

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Business Description

Laundry Service Company for Sale

Price Reduced. Profitable Laundromat for Sale in Westchester County, NY. Seller financing is available. This is your opportunity to own a semi-absentee laundromat where the seller only works a couple of hours a day to run it. Two long time employees open and close the store, seven days a week. The owner doesn't spend more than an hour a day at the laundromat and spends some of the time invoicing, managing books, and every now and then does some deliveries. (rarely though) With 18 Washers and 18 Dryers (Wascomat) all in working condition (only 10 years old and card operated), this place services over 7 commercial accounts, including a hotel and a church. Over 60% of the sales are from wash and fold and deliveries. The rest is from self service and a small part is from dry cleaning. (All dry cleaning outsourced). The sale of the business includes a Ford Ecoline 350 Cargo Van for the deliveries. ATM is also included in the sale. All of this mixed in with a long term lease, if you've been looking for a laundromat in Westchester, check this one out! For only $85,000 down this can be yours. Seller will hold a note for 48 months. Seller will entertain reasonable offers. Seller is looking to get out of the laundromat business. He will sign non-competes and anything necessary for a buyer to feel comfortable. Commercial accounts do not have formalized contracts. Seller will work with you to ensure a smooth transition. Employees will stay and work for the new owner. When visiting please be discreet.

We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Location:
Westchester County, NY
Inventory:
Not included in asking price
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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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