Laundromat With 150 Machines For Sale Business For Sale in New York

Laundromat With 150 Machines For Sale

Business Services - Commercial Laundry | Retail Stores - Independent Stores

Asking Price:	$690,000	Inventory:	$5,000 ++
Gross Revenue:	$470,000	Real Estate:	n/a
Cash Flow:	$126,000	FF&E:	$400,000 ++
++ included in the asking price not** included in the asking price

Subject laundromat business is located in Staten Island about 5 minutes from Verrazano Bridge. It occupies 5,000 sf space plus a parking lot with 300-car capacity. There are total 150 machines (78 washers and 72 dryers), all coin-operated. Store hours are: 7 AM to 10 PM daily. 24 years left on the lease. This particular needs a new owner who will didicate a good amount of time to run it properly before tuning over to someone to run as absentee.

Currently doing close to $40,000 a month. A great potential to grow to where it was $60,000 a month just few years ago.

About the Business

Year Established:2004

Employees:4 part time

Facilities:The machines are approximately 4 years old.

Market Outlook and Competition:The store is currently being run absentee.

About the Sale

Management Training and Support:The owners will stay to trai the new owner for one (1) week.

Reason For Selling:Partners dis-agreement (three of them).

Seller Financing:None

KEYWORDS: Coin-operated laundry, Laundromat

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Business Listed By
Patrick Chen \| Win Realty View All of My Listings


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