Hot Listing

@ Laundromat w/i "80 Machines + 9 yrs Lease", Brooklyn, NY 11223

Asking Price$248,500

Cash Flow

EBITDANot Disclosed

Gross Revenue$426,000

Inventory$3,400
Included in asking price
FF&E$21,800
Included in asking price
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Hot Listing

@ Laundromat w/i "80 Machines + 9 yrs Lease", Brooklyn, NY 11223


Asking Price$248,500

Cash Flow

EBITDANot Disclosed

Gross Revenue$426,000

Inventory$3,400
Included in asking price
FF&E$21,800
Included in asking price
Business Description
*. The store is located in Brooklyn, NY 11223
*. The lease has 9 years left [8-month security deposit required by landlord: $14,700 x 8= $117,600]
*. Master monthly rent [NNN]: $14,700/m, including $10,700/m of Laundromat (3,700 sf) + $4,000/m of Mobile Shop (800 sf)]
*. Building Property Tax ($20,000/yr): Laundromat ($14,000/yr) + Mobile Shop ($6,000/yr)
*. The total monthly rent with property Tax for Laundromat is $11,867/m
*. Self-Service & Full-Service [65% vs. 35%] + Dry Cleaning income also
*. Well-Maintained Coined-up 80 Machines [40 Washers (26 yrs) + 40 Dryers (26 yrs)]
*. Business Operation: 7/24; typically 7:00 AM – 9:00 PM
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*. Business loan can be obtained via Amerasia Bank (amerasiabankny.com)
*. CASH ONLY, Neither Owner finance nor SBA loan will be accepted
*. Store location & P& L Statement can be shared upon request
________________________________________________________________
About the Business
Years in Operation
26
Employees
2 Full-time
Facilities & Assets
Facilities & Assets are all included
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,700
Rent
$11,867 per month
About the Sale
Transition Support
Support & Training can be provided upon request
Listing Info
ID
2527677
Listing Views
1725

Listing ID: 2527677 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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