Profitable Growing laundromat with 60W/60 D in Busy Main St

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Asking Price:
$895,000

Gross Revenue:
$416,000
Cash Flow:
$200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$350,000
included in asking price

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Business Description

Profitable laundromat Business with 60 WASHER AND 60 Dryers on Very Busy Down Town in High Dense Residential area a Commercial Area. There is great Potential for Growth is no direct competitor nearby. 120 Machines. Machines are about 10 years old. 25 Year Lease.
Monthly expense
$7,000 Rent
$2,800 Payroll
$1,500 Water
$3,200 Gas & Elect.

About the Business

Location:
Mount Vernon, New York
Year Established:
2002
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
5,000
Rent:
$7,000.00 Per Month
Lease Expiration:
5/31/2044
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Listing Info

ID:
1632873
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Confidentiality Agreement 010919... (94 KB)
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Business Listed by

Kingsley Allison

Link business NYC

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