Hot Listing

Motivated Seller All New Equipment - Staten Island

Asking Price$440,000

Cash Flow
$92,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$230,000

Inventory$5,000
Not included in asking price
FF&E$350,000
Included in asking price
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Hot Listing

Motivated Seller All New Equipment - Staten Island


Asking Price$440,000

Cash Flow
$92,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$230,000

Inventory$5,000
Not included in asking price
FF&E$350,000
Included in asking price
Business Description
Seller highly motivated retiring and Ready to Exit
Are you ready to take over a business with a built-in client base and growth potential?
Just renovated! Brand new energy efficient washers and dryers. Invest in this lucrative, established and semi absentee laundromat. It is located in a very busy residential area, well known and very popular in the neighborhood. Laundromat was established at this location more than 20 years ago. Here is a possibility to take over the existing loan. State-of-the-art, eco-friendly practices, and customer-centric approach. Everything is here: new energy efficient machines, new boiler, van, clean cloud account and excellent condition of the store. Just take over. Positive cash flow. Seller invested in all new equipment. Comes with clean cloud account and website. Wrapped Delivery truck can be worked into the deal.

21 Washers: 4 large, 9 medium and 8 small machines
30 Dryers.
ATM machine.
Vending machine.
Gross sale- $230,000 yr
Net income - 92,000 yr
Rent $3700
Lease - 10 years with 2 x 5-years renewables.
Payroll - $1300 weekly
Utility bills - $2600 monthly.
Store: 1275 sq ft
Self service - 25%
Drop off - 50%
Pick up and delivery 25%
Van 2018 Ram Pro Master. 128,000 miles

Profitability: With a strong net cash flow and consistent revenue, this business offers an excellent return on investment.
Prime Location: Situated in Staten Island, this business benefits from a high-traffic location and a loyal customer base.
The Store has a well-established reputation for quality.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,275
Rent
$3,700.00 per month
Lease Expiration
10/1/2035
Listing Info
ID
2295564
Listing Views
10432
Attached DocumentsAttachment Disclaimer

Andrijana_Babic_Confidentiality_Agreement_022823.pdf


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Business Listed by: Andrijana Babic Link business NYC

Listing ID: 2295564 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.