Newly Constructed Laundromat
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $554520
Net Profit / Cash Flow $277764
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 1 - 3
Inventory 8000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training As needed.
Reason for Sale Retiring.
Description Newly constructed large 4,600 square foot laundromat for sale with 122 Huebsch machines all still under warranty. Location is only doing self service. Can add drop off and dry cleaning. Business was opened in 2008 and is still growing..Long 25 year lease with an option to purchase property for an additional $1.7million. Three short blocks from subway,bus stop on same block, immediate neighborhood includes 2,500 rental units. Some equipment include:60 Stainless Steel Cabinet Washers, 62 Cabinet Dryers, Fully computerized with ESD Card Systems, Vending Machines, Plasma Tv's, Internet, Atm.
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