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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Laundromat For Sale

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $684200
Net Profit / Cash Flow  $370000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2006
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal
Description  This Laundromat over 4500 sq ft has been established for 5 years, with a 20 year lease and absentee owned with master lease - subtenant pays $4,400 per month which adds another $52,800 to the net cash flow. 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 $550,000 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.
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