Listing ID: 35973
Business Overview
Business Description
– 5,000 SQ FT Laundromat in a high traffic strip mall on a busy road
– 109 Card Machines in Excellent Condition
– Parking available directly in front of the store
– 80% Self Service, the rest of the business is Wash & Fold, Dry Cleaning, Soap Sales & Vending
– 20 years on the lease
– Located in a very dense part of Queens
– Semi-Absentee
– Bank financing available with 35-40% down payment
– Great opportunity to grow the wash and fold business as there is very little of it
**SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR EXACT LOCATION**
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at chris.empirebusiness@gmail.com. Our buyers are already qualified and willing to invest their time and money towards a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
Financial
Seller Financing Available
- Asking Price: $1,380,000
- Cash Flow: $240,000
- Gross Revenue: $624,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A