Best Laundromat Deal - 25834
- Listing Id: 8887
- Broker Name: Vested Business Brokers Ltd
- Category: Dry Cleaners
- Asking Price: $349,000.00
- EBITDA: $425,000.00
- Real Estate: $750,000.00
- Cash Flow: $105,515.00
- Inventory: $1,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $341,500.00
- FF&E: $200,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Queens County
- State: NY
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
***PRICE REDUCTION*** Best Laundromat Deal. Period. This is a 2 year old facility, build out from scratch in the heart of a heavily populated Queens neighborhood. All equipment is only 2 years old. All Dexter - 30 washers and 14 double stack dryers (28 total). They are still under warranty. The is a 2,000 sq. ft facility with 18 years left on the lease and a rent of only $3,750/mth. They are open 7 days from 6am-11pm. They offer coin laundry, wash & fold, dry cleaning drop off and limited pick up and delivery. This location is well-light, with flat screen tv's, A/C and WiFi. In the past year they had gross sales of approx. $342,000.00 with a net income of approx. $105,515.00. This is a fully absentee operation with new machines, a long lease and great neighborhood. We are seeking a serious and financially qualified buyer with at least $349K 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. However, if you do meet the criteria, please call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com. This one will go fast!
Financial Summary
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