Established Laundromat in Suffolk County, NY - 28264

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Asking Price:
$490,000

Gross Revenue:
$134,704
Cash Flow:
$59,316
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This thirty years old laundromat is located on one of the busiest roads on Long Island. Seller(a lady) owns it for twenty five years. She wants to retire; she wants to sell the business with property for $450,000. Laundromat has 23 washing machines and 26 dryers( all are in excellent conditions). It has its own parking space, which is a part of the property. The yearly property tax is $12,000. An excellent location; one of the best areas on Long Island. A new buyer should also focus on pick-up service to increase the sale.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

About the Business

Location:
Suffolk County, New York
Year Established:
1989
Number of Employees:
1ft/3pt
Website:
www.vestedbb.com/lid-28264
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About the Sale

Reason For Selling:
Seller is retiring
Training/Support:
Seller will train

Listing Info

ID:
1583860
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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