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Asking Price$165,000
Revenue$410,000 Established2005
Cash Flow$64,416 Employees5 full, 2 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 31860

Money making Laundromat in New York County ....1,600 Sq.Ft.7 years remain on existing 10 years. Landlord will upgradeto 10 years to credit worthy tenant. Rent includes 2019 3% increase and R/E taxes.at $7702.00 a month. Small basement area for equipment and utilities. No storage.18 washers (10-small,7-medium,1-extra large) 14 dryers.4-full-time, 2 part-time, 1 pick-up delivery driver employees.Total monthly payroll, $13,407. No override commissions, allhourly rate between, $12-$15.00 per hour. Owner ratesemployees as outstanding and honest. Monthly Incomegenerated from: Commercial accounts $15K, in-store tickets$15K, in-store walk-in $4K. Equipment a little older, but inexcellent working condition and half of the washershave had been fully refurbished. This is a perfect semi-absentee operation, or can beoperated and developed as full time business.This laundromat is a winner for a financially viablebuyer. Outstanding opportunity for 1st time buyer.For more information Please call Bryn Jones at 646-554-6668.

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Training/Support:Seller will train
Seller Financing:165,000.00 Down & Owner open to terms for qualified buyer
Sale Reason:Owners moving to Florida
Ad #120509
Seller Reference #31860
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