Established Laundromat - 31998

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Asking Price:
$375,000

Gross Revenue:
$435,000
Cash Flow:
$130,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
not included in asking price

FF&E:
$120,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This 20 years old laundromat is situated in an extremely busy area in Queens County . Seller owned it for 14 years. He wants to sell it as he is moving to another state. The business has 20 washers and 20 dryers; all are in an excellent condition. Seller has upgraded the interior and now the business gives a great look. An extremely busy area; very heavy foot traffic. It is a must-buy-laundromat for the laundromat buyers. It will be gone soon. Seller's net cash flow is over $130,000 a year. Call Syed at 631-374-7686 for more information.

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About the Business

Location:
Queens County, New York
Year Established:
1999
Number of Employees:
4
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About the Sale

Reason For Selling:
Personal
Training/Support:
Yes

Listing Info

ID:
1605390
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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Report an Issue 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. See our full Terms & Conditions.