Profitable Growing laundromat with 60W/60 D in Busy Main St

Mount Vernon, NY (Westchester County)

Profitable Growing laundromat with 60W/60 D in Busy Main St
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Asking Price: $895,000

Cash Flow: $200,000

Gross Revenue: $416,000

EBITDA: N/A

FF&E: $350,000

Inventory: $5,000*

Rent: $7,000 /Month

Established: 2002

*not included in asking price.

Profitable Growing laundromat with 60W/60 D in Busy Main St

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Business Description

Absentee Owner.

Profitable laundromat Business with 60 WASHER AND 60 Dryers on Very Busy Down Town in High Dense Residential area a Commercial Area. There is great Potential for Growth is no direct competitor nearby. 120 Machines. Machines are about 10 years old. 25 Year Lease.
Monthly expense
$7,000 Rent
$2,800 Payroll
$1,500 Water
$3,200 Gas & Elect.

Attached Documents


Detailed Information

Location:
Mount Vernon, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
5/31/2044
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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(from currently available funds)
 
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Kingsley Allison

Business Listed By:
Kingsley Allison

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Memberships & Certifications:
Indicates membership in The New York Association of Business Brokers (NYABB).

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