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Great Laundromat For Sale Near University

Bronx County, New York, United States
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Asking Price$135,000
Revenue$170,000 Established1995
Cash Flow$52,610 Employees2 full-time
FF&E$100,000 FranchiseNo
Inventory$3,000 RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Great Laundromat Near University. Fantastic Location! Rent of ONLY $2,300/mth. with 10 years left on the lease. This business is nestled between several businesses on a main street in an affluent area of the Bronx. It is walking distance from a major University and draws a great deal of business from the school. There are also countless apartment complexes and rental units surrounding this laundromat. It is very clean inside, with 15 Washers and 14 Dryers all in working order. They also offer wash and fold service and drop-off dry cleaning. It is in a very high traffic area and has shown consistent sales throughout its history. Run on an absentee basis, the owner spends less than 10 hours a week in the business. He comes in to collect money from the machines and check up occasionally. In the past year, the business Grossed $170,000.00 with a Net of approx. $52,610.00. The great opportunity is that there is still room for growth. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.
Training/Support:seller will train
Seller Financing:$135,000.00 Down and None
Sale Reason:Owns too many laundromats
Ad #61094
Seller Reference #24999
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Contact This Seller
Melvin L. Vaz
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