Laundromat ~ Net $90k ~ 119k down Business For Sale in Astoria, New York

Laundromat ~ Net $90k ~ 119k down

Asking Price:	$229,000	Inventory:
Gross Revenue:	$201,000	Real Estate:	n/a
Cash Flow:	$90,000	FF&E:	$150,000 ++
++ included in the asking price not** included in the asking price

An operator can add a pick up service to this business, The Laundromat is surrounded by high rise apartment buildings,

About the Business

Year Established:1990

Employees:3 part time

Facilities:1,200 sq. feet , Owner has golden lease lease ~ 2021 @ 1.5 increases

Market Outlook and Competition:Normal comp but great potential for pick up and drop off

About the Sale

Management Training and Support:yes

Reason For Selling:Illness

Seller Financing:yes with 1/2 down

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You can increase your chances of success in buying a business by improving how you communicate with sellers and/or business brokers. It's important to understand that good businesses receive many inquiries through BizQuest, and sellers/brokers are always more inclined to work with buyers who present themselves as serious, motivated, and educated about the buying a business process.

Business brokers will typically require that you sign a confidentiality or non-disclosure agreement (NDA) prior to providing more detailed information about the business.. They will also want to know a bit about you: how serious you are about buying a business, what your financial picture looks like, your time horizon to buy a business, etc.

Because of this, it's best to not ask for detailed information about the business just yet. An effective inquiry that's sure to be taken seriously would be something similar to this:

"I am interested in this business. Please send me the necessary non-disclosure and any additional documents to complete so we can discuss it further."

For more on this subject, see this posting from the BizQuest Blog.

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Business Listed By
John Mattera <> Rob Juice \| Route Store View All of My Listings


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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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