Laundry Route & Laundromat 32378

Suffolk County, NY

Laundry Route & Laundromat 32378
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Asking Price: $325,000

Cash Flow: $100,023

Gross Revenue: $281,096

EBITDA: N/A

FF&E: $125,000

Inventory: N/A

Established: N/A

Laundry Route & Laundromat 32378

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Business Description

Laundry Route and Laundromat. Unique Opportunity. What is being sold is a 1,000 sq. ft. laundromat with 15 Dexter washers (approx. 10 yrs old.) and 14 Electrolux dryers (only 1 yr. old)., 2 pick up and delivery trucks and a route with approx. 60 commercial accounts. The laundromat has a phenomenal lease. THE RENT IS ONLY 1,600/MTH. with 3 years left on the current lease. THE LANDLORD IS WILLING TO OFFER A NEW LEASE TO A QUALIFIED TENANT OF AT LEAST 10 YEARS. In the past year the business grossed approx. $281,096 (66% Route, 33% Coin) with a net profit of approx. $100,023.17. THE SELLER KEEPS VERY GOOD RECORDS USING QUICKBOOKS. We are seeking a serious and financially qualified buyer with at least $200K in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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:
Suffolk County, NY
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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