Local Laundromat for Sale in Kings County, NY 32638

Kings County, NY

Local Laundromat for Sale in Kings County, NY 32638
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Asking Price: $140,000

Cash Flow: $70,000

Gross Revenue: $140,000


FF&E: $50,000

Inventory: N/A

Established: N/A

Local Laundromat for Sale in Kings County, NY 32638

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Business Description

Laundry Company for Sale

Fantastic Local Laundromat. This is a cozy store perfectly suited for a pick and delivery route. They have 12 ADC Dryers and 12 IPSO Washers. All equipment is approx. 9 yrs. old. There are 13 years left on the current lease at a rent of only $2,716/mth. In the past year the business grossed approx. $140K (80% coin and wash and fold, 20% pickup and delivery). No dry cleaning drop off is offered. That would be a great addition. An owner-operator could see a net profit of up to $70K/yr. We are seeking a serious and financially qualified buyer with at least $120K in liquid funds. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled 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

Kings County, NY
Furniture, Fixtures, & Equipment (FF&E):
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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