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Asking Price$900,000
Revenue$1,010,000 EstablishedUndisclosed
Cash Flow$250,000 Employees19 full, 1 part
FF&E$300,000 FranchiseNo
Inventory$110,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Long Established (40 yrs) Commercial Laundry serving hotels, Country clubs, Caterers, Colleges,Medical, etc. Picks up and Delivers-3 trucks. Also rents linens, 25,000 lbs. per week. 100 accounts- only 5 days and no night shift- turns down $150k of work that is 7 day work.Semi absentee because of illness.No marketing, soliciting and salesmen.Turns way calls from NYC and only serves Nassau and W.Suffolk. Opportunity to put idle equipment to work by accepting additional work that is turned away away. Two high pressure boilers, water heater,2 pressers 2 folding machines,250b washer, Ten 50-80lb washers and much more equipment. Fluency in Spanish is strongly recommended.Proof of funds and some relevant experience is required. Contact broker Joseph Stansky for more details. Please call 1-877-735-5224 for further information.

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Training/Support:The seller will train the new owner.
Seller Financing:475,000.00 Down & $425k over 7 yrs @ 5%
Sale Reason:Retirement/health
Ad #80374
Seller Reference #28144
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Contact This Seller
Joseph Stansky Esq
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