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Laundromat For Sale in Large Shopping Center

Suffolk County, New York, United States
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Asking Price$135,000
Revenue$188,431 EstablishedUndisclosed
Cash Flow$61,252 Employees2 part-time
FF&E$150,000 FranchiseNo
Inventory$1,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Laundromat in Large Shopping Center right on Sunrise Highway. **PRICE REDUCED** This store is located in a very busy shopping center with 2 large anchor stores, full occupancy and roughly 500 parking spaces. They offer coin laundry, wash & fold service, drop off dry cleaning and pick-up and delivery service. THE SELLER IS WILLING TO SPLIT THE PICK-UP AND DELIVERY ROUTE FROM THE BUSINESS AND SELL IT OFF SEPARATELY. They feature a mix of new and older machines, however, the deal INCLUDES AN ADDITIONAL 21 DRYERS THAT ARE ONLY 5 YEARS OLD AND A 3 YR. OLD HOT WATER HEATER. THE NEW OWNER MUST ONLY PAY FOR INSTALLATION. In the past year the business grossed approx. $188,431.00 with a net cash flow of approx. $61,252.00. The seller keeps a detailed P&L to help verify all financials. There is an assumable lease with 4 years remaining and a landlord willing to add another 10 years for a qualified tenant. The current rent is $4,688/mth. for 1,600 sq. ft. The store operates 7 days from 6am-11pm. There are 2 F/T employees. We are seeking a serious and financially qualified buyer with at least $135K in liquid funds to cover the downpayment. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
Training/Support:The seller will train the new owner.
Sale Reason:Cashing Out.
Ad #95093
Seller Reference #29654
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Contact This Seller
Melvin L. Vaz
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