Laundromat in Busy Location - 30317

Suffolk County, NY

Seller Financing Available
Laundromat in Busy Location  - 30317
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Asking Price: $425,000

Cash Flow: $117,993

Gross Revenue: $234,000

EBITDA: N/A

FF&E: $150,000

Inventory: $1,000

Established: 2001

Laundromat in Busy Location - 30317

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Business Description

Laundromat in Busy Location - 30317

Laundromat in a mid-size strip mall w/ great parking. They offer 25 Primus washing machines and 32 Wascomat dryers in a 1,600 sq.ft space. All machines have been maintained thoroughly and are in good shape. The lease has 15 years remaining at a rent of $3,472/mth. In the past year the business grossed approx. $228,800 with a net cash flow of approx. $117,993.00. The owner works in the store 2-3 hours/week. They have a busy drop-off service. It also has customary vending machines for soap and coin changers. It has a sitting area where customers can watch TV. We are seeking a serious and financially qualified buyer with at least $325K in liquid funds. To learn more, please call the broker at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: 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

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
325,000.00 Down & 100,000 for 2 years at 6%
Support & Training:
The seller will train the new owner.
Reason for Selling:
Desires to return to Europe
Business Website:
http://www.vestedbb.com
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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