Laundry Route & Laundromat 32378

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Great laundry route and laundromat with amazing business potential!
Asking Price:
$325,000

Gross Revenue:
$281,096
Cash Flow:
$100,023
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$125,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Laundry Route and Laundromat. Unique Opportunity. What is being sold is a 1,000 sq. ft. laundromat with 15 Dexter washers (approx. 10 yrs old.) and 14 Electrolux dryers (only 1 yr. old)., 2 pick up and delivery trucks and a route with approx. 60 commercial accounts. The laundromat has a phenomenal lease. THE RENT IS ONLY 1,600/MTH. with 3 years left on the current lease. THE LANDLORD IS WILLING TO OFFER A NEW LEASE TO A QUALIFIED TENANT OF AT LEAST 10 YEARS. In the past year the business grossed approx. $281,096 (66% Route, 33% Coin) with a net profit of approx. $100,023.17. THE SELLER KEEPS VERY GOOD RECORDS USING QUICKBOOKS. We are seeking a serious and financially qualified buyer with at least $200K in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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

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About the Sale

Training/Support:
Yes

Listing Info

ID:
1641305
Ad Detail Views:
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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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