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Asking Price$399,000
Revenue$418,284 Established2010
Cash Flow$100,560 Employees3 full, 0 part
FF&EUndisclosed FranchiseNo
Inventory$1,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This well-established absentee-run coin-operated Laundromat & Drop-Off Dry Cleaners located in a safe upper Manhattan neighborhood is now available for sale. There are 8 years left on the lease, which escalates at just 3%, annually. The equipment is only 6 years old and consists of: 15 Huebsch washers ( four - 6 load, six - 3 load, and five - 2 load) and 16 Double-Stacked Huebsch dryers. Coin self-service accounts for 31% of sales, wash & fold, 60%, drop-off dry cleaning, 5%, and soap sales, 4%. Three F/T employees share wash & fold responsibilities and keep an eye on the store for its owner. Should you decide to be more hands-on, you can make more money by saving on some payroll. Open 7am - midnight, 7 days/week. Do be very discreet when visiting the location, as the employees and customers do not know it is for sale. Kindly then contact listing broker Jay Goldman, should you have any questions, and would like to make an appointment to speak with the owner. Please call 1-877-735-5224 for further information.
Sale Reason:Dissolution of partnership
Ad #102421
Seller Reference #29236
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