*** Price Reduced!***Self Serve Laundromat | 100% Absentee | Brooklyn

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Asking Price:
$169,000

Gross Revenue:
$244,616
Cash Flow:
$52,868
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Located in the heart of Brighton Beach this Laundromat is ran 100% absentee and owner nets 55k a year. With 19 Speed Queen washers and 24 Dexter dryers all well maintained and in great operating condition this location is well established over 20 years and was renovated 9 years ago with top of the line equipment.With a manager of 10 years there is not much for an owner to do. Take over this location and start making money. You can even increase sales and net with some owner operating and advertising which current owner does not take advantage of due to other business obligations. Owner eager to sell and will entertain all offers.

About the Business

Real Estate:
Leased
Lease Expiration:
4/17/2027
Website:
www.eastcoaststores.com
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About the Sale

Reason For Selling:
Owner is moving
Training/Support:
Seller is willing to train new owner

Listing Info

ID:
1494597
Ad Detail Views:
57

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Business Listed by

Henry Galasso

East Coast Stores NYC, Long Island, Westchester

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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