Coin Operated Laundromat & Commercial Wash and Fold Business
| Asking Price: | $850,000 | Inventory: | |
| Gross Revenue: | $1,176,000 | Real Estate: | n/a |
| Cash Flow: | $392,240 | FF&E: | $550,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is a well established successful and unique combination of a local Laundromat and commercial wholesale wash and fold bundling Business in the Bronx, servicing the Manhattan area. The equipment is updated with equipment and fixtures valued at $550,000. The business is generating a discretionary cash flow of approximately $5000 per week for the prospective new owner. It is in a good location, well kept and in a concentrated populated area of buildings with repeat clientele, limited competition and tremendous expansion capabilities. This is an easy to run and profitable business so don’t hesitate to call Morris at any time, on my cell phone at 347-239-5723 or at the office 914-358-3550 Ext 1842 for more in depth information
About the Business
Year Established:2005
Employees:1 full time - 10 part time
Facilities:7,000 Sqr ft
3 Vehicles
Market Outlook and Competition:Limited Competition in the area . Advertise locally and increase the Retail end of the business
About the Sale
Management Training and Support:Yes
Reason For Selling:Out of country business interest forcing owner to relocate
Seller Financing:Will consider all offers
Attached Files - Attachment Disclaimer
KEYWORDS: Business For Sale, Laundromat, commercial wholesale, Wash and fold, Bundling business for sale, Established business for sale, profitable business , laundry, NY, New York, Bronx
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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