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Asking Price$360,000
Revenue$300,000 Established2009
Cash Flow$120,000 Employees2 full-time
FF&E$350,000 FranchiseNo
Inventory$4,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Reasons to Love this Business: Absentee Owned, Management in Place, Growing year by year; Provides Unique Commercial Service. Equipment all new: Washers and dryers less than 4 years old, State of the art water heating system to cut costs. Built-in Growth in Sales and Earnings-Cash flow $139,000 based on existing customer base. Sales growing by 20% per year. Manager capable of driving sales faster and further. There is not another laundromat like it; better yet, there is not another one anywhere near it much less like it. Drive long distances in any direction before you find another Laundromat and that one will not provide the same type of service nor the same profit; nor the same opportunity for further growth. Work the business, cut payroll and generate even greater income. This established, 41 years young, Laundromat is up for sale. Ownership is retiring. For further information, contact Gerald Nimberg at 646-269-4616 for more information.

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Ad #114451
Seller Reference #32486
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Vested Business Brokers
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