Description

High Volume Laundromat. Fantastic Deal. This is a 12 year old facility, build out from scratch in a heavily populated Nassau County neighborhood. All equipment is original. 55 Maytag washers (from 18lbs to 80lbs.) and 68 dryers. This is a 3,600 sq. ft facility with a full basement, 17 years left on the lease and a rent of only $5,700/mth. (incl taxes). They are open 24/7. They offer coin laundry, wash & fold and dry cleaning drop off. This location is well-lit, with tv's, A/C and vending. In the past year they had gross sales of approx. $422,000.00 with a net income of approx. $216,000.00. This is a fully absentee operation with 4 p/t employees (one per shift). An owner only visits one per week. They are selling due to a partnership dispute. We are seeking a serious and financially qualified buyer with at least $325K in liquid funds. PROOF OF LIQUID FUNDS WILL BE REQUIRED TO OBTAIN THE ADDRESS! If you do not have the LIQUID funds available, please do not inquire. Please refer to the Confidentiality Agreement below for further information. 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.

Financial Summary

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