Laundromat For Sale
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $596000
Net Profit / Cash Flow $312400
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Personal.
Description This laundromat over 4,600 sq ft being established for 1 year based on projection from the seller and has sub tenant pays $5,000 per month, with a 20 year lease and absentee owned. Very profitable and has all the potential for a new investor to take it to a new level. State of the art operation and added latest technology, with over $650,000 of equipment which makes this location very desirable. The seller has given vested 5 total laundromat that he would prefer to package for the right investor. They all are very similar in size and technology. Each has master tenant, therefore reducing the rent further from the top. Proof of funds is a must. Contact for more information on this laundromat for sale.
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