Brand New Laundromat For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description LAUNDRY BUILDERS OF NEW YORK.
TEL: 718 459-4091 FAX: 718 459-4093
5,000 Sq. Ft. of Newly Constructed brick building, large glass frontage and 12 foot ceilings. Three short blocks to subway, bus stop on the same block, very busy commercial and residential street, immediate neighborhood includes 2,800 rental units in eleven story buildings behind the Laundromat.
Laundry Description: 60 Stainless Steel Cabinet Washers and 62 Cabinet Dryers, Fully computerized with ESD Card Systems, Vending Machines, Plasma TV's, Internet, ATM, Central Cooling and Heating System.
Laundry self-service $9,000 (weekly)
Coffee Shop $3,000 (weekly)
Total weekly income $12,000
Total monthly income $48,000
Monthly Average Expense:
Rent $8,500 (Real Estate tax included)
Gas $4,100Electric $2,300Water $2,000
Garbage $178.82
Cable / Phone $109.25
Insurance $430Payroll $4,320
Coffee Shop Supply $1,20
Shop Supply $1,200
Total Monthly Expense: $23,138.07
Total Monthly Income: $24,861.93
Total Annual Income: $298,343.16
Lease for 25 years, 2 years no increase, after that 3% every year, Equipment Huebsch, card system, all equipment under warranty.
* Please be advised that the Laundromat was open from September 1st of 2008 and shows great potential to grow. The actual Gross Income is based on No Drop off Service.
Asking price for the Laundromat $1,450,000 Call for more information at 718-459-4091
Click Here To Contact Seller
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