Laundromat For Sale By Owner

Manhattan, NY (New York County)

Laundromat For Sale By Owner
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Asking Price: $140,000

Cash Flow: $96,000

Gross Revenue: $385,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,900 /Month

Established: 2016

Laundromat For Sale By Owner

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Business Description

Price Drop Motivated Seller

EXTREMELY motivated owner is selling profitable Commercial Laundromat. This is a family business located in the Upper West Side of Manhattan. Our store has been a neighborhood staple for many years. We are moving out of state and must sell the store ASAP. No reasonable offer we will be refused. This store is a moneymaker, in addition to commercial service we offer self-service and wash and fold. Busy, busy store in a great area. Will consider all reasonable offers for a fast sale. We are moving out of state ASAP due to family needs and must sell. For Sale By Owner

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Detailed Information

Location:
Manhattan, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
4
Facilities:
16 washers and 14 dryers
Competition:
Very little competition, great area for a laundromat, most buildings do not have a laundry room
Growth & Expansion:
Room for much expansion
Reason for Selling:
Family-moving out of state
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Business Listed By:
Frank Salmaggi

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