Very Profitable Laundromat New York County 31433

New York County, NY

Very Profitable Laundromat New York County 31433
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Asking Price: $675,000

Cash Flow: $242,560

Gross Revenue: $1,045,722

EBITDA: N/A

FF&E: $200,000

Inventory: $10,000*

Established: N/A

*not included in asking price.

Very Profitable Laundromat New York County 31433

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Business Description

This Very Profitable Laundromat in a safe & densely
populated Manhattan neighborhood can be purchased
for less than 3 times its annual cash flow. The laundromat
is equipped with two brand new 60 lbs. Electrolux washers
and 22 Dexter washers (ten 30 lbs., nine 40 lbs., and three
60 lbs.) -- all very well-maintained. You will also find
two brand new 50 lbs. Electrolux dryers and twenty
25 lbs. Dexter dryers (double-stacked). Revenue sources
break down as such: 23.5% from walk-in wash & fold
and dry cleaning; 59% from wash & fold for multiple gym
accounts; and 17.5% from wholesale wash & fold for a
pick-up & deliver app that the sellers own and which is
still ramping up. This app is rather sophisticated and can
also be purchased at an additional cost, to be determined.
Upon meeting with the sellers, they will explain the ins and
the outs of all aspects of laundromat's business and this app.
A Ford Transit 150 delivery van and all of the machinery are
included in the asking price and will come debt-free to you.
Please be extremely discreet when visiting the laundromat,
as the employees and customers do not know that it's for sale.
To make an appointment to speak with the sellers and get
a full tour of the facilities, please contact the listing broker,
Jay Goldman, at 917-912-3282.

Detailed Information

Location:
New York County, NY
Inventory:
Not included in asking price
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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