Manhattan Laundromat Business For Sale in Manhattan, New York

Manhattan Laundromat

Asking Price:	$369,000	Inventory:
Gross Revenue:	$270,400	Real Estate:	n/a
Cash Flow:	$128,944	FF&E:	n/a
++ included in the asking price not** included in the asking price

Over 40 years in business
24 washers Wascomat,30 dryers-Huebch
25%-drop off,75%-self service
No pick up and delivery service at present time
New owner can add it and make more money.

About the Business

Year Established:1963

Employees:1 full time -

Facilities:1,200SF + basement Rent $4,750 month,10 years lease

About the Sale

Management Training and Support:YES

Reason For Selling:RETIREMENT

Seller Financing:With $200,000 cash down

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Seller ID:	L-18
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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
Luba Sheynerman \| Bright Idea Realty Inc. 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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