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Laundromat For Sale

3/wk
Kings County, New York, United States
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Asking Price$1,899,000
Revenue$650,000 Established2006
Cash Flow$329,700 Employees2 full, 2 part
FF&E$700,000 FranchiseNo
Inventory$800,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This location comes with two businesses, over 3600 sq. ft. is the Laundromat, the dry cleaners over 2500 sq ft. This Laundromat has been established for 5 years, with a 20 year lease and absentee owned. Very profitable and has all the potential for a new investor to take it to a new level. State of the art operation and added latest technology, with over $800,000 of equipment which makes this location very desirable. The seller has given Vested 5 total Laundromats that he would prefer to package for the right investor. They all are very similar in size and technology. Each has master tenant, therefore reducing the rent further from the top. Proof of funds is a must.
Training/Support:seller will train
Seller Financing:$1,899,000.00 Down and negotiable
Sale Reason:builds them
Ad #32908
Seller Reference #20857
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Contact This Seller
Rafael Felix
917-864-7774
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