Profitable laundromat with huge potential to grow

Huntington, NY (Suffolk County)

Profitable laundromat with huge potential to grow
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Asking Price: $595,000

Cash Flow: $124,000

Gross Revenue: $286,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,210 /Month

Established: N/A

Profitable laundromat with huge potential to grow

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Business Description

Absentee running, a profitable laundromat business
Very short business hours
(Huge potential to get extra income from saving payroll, and extend opening hours)
Public Sewer!!!!! (no filtration system required)
Machine Heubsch Washer 32 + Dexter Dryer 36 (2 and 1/2 yrs old)
The laundromat was completely rebuilt 2 ½ yrs before (40+ yrs at the same location)
Located in front of the public parking lot
Long term lease remain, 2% Increase/yr, 2300SF

Detailed Information

Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
N/A
Facilities:
All new interior, machines
Reason for Selling:
Relocate to Florida
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Contact the Seller

(from currently available funds)
 
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Jimmy Ma

Business Listed By:
Jimmy Ma

East Coast Realtors

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