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Laundromat For Sale

Kings County, New York, United States
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Asking Price$270,000
Revenue$270,000 EstablishedUndisclosed
Cash Flow$84,000 Employees1 full, 2 part
FF&EUndisclosed* FranchiseNo
Inventory$100,000* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Absentee run Laundromat for sale in Great Brooklyn area. Located in an great area with a lot of traffic passing by. This is a great opportunity for a newowner to take hold of and grow. Below please see some further information. To set up a meeting with the seller, please contact the broker at 1-877-735-5224.1. Laundromat has card system.2. Sales breakdown per week consists of cards sale, drop off, delivery, dry cleaning (outsourced), tailor and soap sales. 3. It has green project water savings unit installed in each washer.4. It has two corporate accounts, one security company, and medical office. We do pick-ups and delivery to the office.5. Total expenses around 155K per year. Monthly breakdown: Payroll $4960, Gas $1,100 plus electric $850 plus $1500 water ($200-$700 refund from landlordon a quarterly basis), $50 carting, &88 telephone/cable/TV plus $60 workers comp plus $102 insurance, supplies $830 and some other small misc. expenseslike parts for machines, as the seller currently does their own repair.  Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$220,000.00 Down and $50,000 at 5% over 18 Months
Ad #99174
Seller Reference #30274
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Contact This Seller
Nathan F. Goldstein
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