Great Location-Fully Attended-High Revenue- Hell's Kitchen , NYC $700K

Asking Price$700,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$490,000

InventoryNot Disclosed

FF&ENot Disclosed

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Great Location-Fully Attended-High Revenue- Hell's Kitchen , NYC $700K


Asking Price$700,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$490,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Great location in Hell's Kitchen section of NYC.

Surrounded by apartments with little, less desirable or no laundry areas.

Excellent corner location with great visibility in well appointed and remodeled store.

Store is fully staffed and attended.

Equipped with LaundroWorks POS system for machines and Cents POS for wash & fold.

18 Dexter Washers & 22 Dexter Dryers approx. 5-8 years old.

Employees open with key. No auto-locks on doors.

Store was remodeled recently and has only been open for a year. Sales have been increasing steadily.

Total revenue is approx. $40,000 month:
1) Self serve revenue is approx. $23,000 monthly.
2) Wash & Fold is approx. $17,000 monthly.

2000 sq ft, corner location with 13 years left on lease.

Machines are card only- no coins.

Seller has owned 7 months and is an investor with multiple laundromats. This one was purchased as an investment.

Lots of opportunity here for:
1) Wash & Fold.
2) PUD (Pick Up & Delivery).
3) Self Serve
4) Commercial Accounts.

Everything is here in a desirable location with nothing to do or upgrade. Just waiting for next owner to come in and keep growing the business and building revenue and profits.

List Price is $700,000
Cash Offers Only
No Bank, Seller or SBA Financing.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$14,000 per month
Listing Info
ID
2556085
Listing Views

Listing ID: 2556085 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 of Use. Learn how to avoid scams.


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