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Asking Price$525,000
Revenue$320,000 Established2009
Cash Flow$131,002 Employees2 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 26876

The seller is the landlord and, in that capacity, is willing to give you a brand new, below-market, 20-year lease, starting at just $5,500/month. He is also open to giving you the right of first refusal to purchase the four-story residential building within which the laundromat is housed. This is a very well-maintained 2,000 sq. ft., family-run laundromat, located in a safe, diverse and ever-gentrifying Brooklyn neighborhood.It's doubtful you will uncover another gem of its kind. The laundromat contains 30 washers (18 regular, 8 large, and 4 super-large) and 30 dryers (15 Huebsch Originator Twin 30s) - all approximately 11 years old and in very good condition. Around $200K in revenue comes from coin self-service. Another $100K comes from drop-off wash & fold and drop-off dry cleaning. An additional $20K in profits derives from a variety of vending machines, ATM, massage chair, etc. You can definitely grow the laundromat's business by offering pick-up and delivery service. The seller is more than glad to educate a buyer who is new to the laundromat business. Please be very discreet when visiting, as the employees and customers do not know it's for sale. Then, kindly contact the listing broker, Jay Goldman, to make an appointment to meet with the seller and get a full tour of the facilities. Please call 1-877-735-5224 for further information.

Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.kg

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Training/Support:Seller will train
Seller Financing:525,000.00 Down & Make your best all down offer!
Sale Reason:Retirement
Ad #122933
Seller Reference #26876
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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