Laundromat - 20857

Kings County, NY

Laundromat - 20857
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Asking Price: Get Financing: $1,899,000

Cash Flow: $341,700

Gross Revenue: $650,000

EBITDA: N/A

FF&E: $800,000

Inventory: N/A

Established: 2006

Laundromat - 20857

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Business Description

This location comes with two businesses, over 3600 sq. ft. is the Laundromat, the dry cleaners is over 2500 sq ft. This Laundromat has been established for 5 years, with a 20 year lease and absentee owned. Very profitable and has all the potential for a new investor to take it to a new level. State of the art operation and added latest technology, with over $800,000 of equipment which makes this location very desirable. The seller has given Vested 5 total Laundromats that he would prefer to package for the right investor. They all are very similar in size and technology. Each has master tenant, therefore reducing the rent further from the top. Proof of funds is a must.

Detailed Information

Employees:
2/2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
1,899,000.00 down & negotiable
Support & Training:
Seller will train
Reason for Selling:
Personal
Business Website:
http://www.vestedbb.com
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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