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Richmond County, NY Laundromat For Sale

13/wk
Richmond County, New York, United States
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Asking Price$99,000
Revenue$175,800 Established1986
Cash Flow$47,300 Employees2 part-time
FF&E$100,000 FranchiseNo
Inventory$1,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great Staten Island Laundromat. Located within a densely populated neighborhood of Staten Island, this location is surrounded by apartment buildings in a busy commercial district. There is a strong need for this facility. This is the premier Laundromat in the neighborhood. The sale includes 19 Speed Queen Washers and 10 New Dryers - double stacked (only 7 months old). Turnkey operation. This business is all about LOCATION-LOCATION-LOCATION. This is a 7 day - 12 hour per day operation. In 2018, the rent goes up from $3,503/mth to $4,500/mth. for an 7 yr. extension. In the past year gross sales were approx. $175,800.00 with a net income of approx. $47,300.00. We are seeking serious and financially qualified buyers with at least $99K in liquid funds. If you meet the criteria, call 1-877-735-5224 for further information.
Training/Support:The seller will train the new owner.
Seller Financing:99,000.00 Down & Possible for a qualified buyer.
Sale Reason:Retiring from this business.
Ad #81563
Seller Reference #28353
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Contact This Seller
Melvin L. Vaz
1-877-735-5224
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