Profitable Laundromat & Dry Cleaner Queens County, NY 28942

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Asking Price:
$250,000

Gross Revenue:
$150,000
Cash Flow:
$73,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

New (2015) neighborhood laundromat with 18 new dexter washers and 18 new dryers. About 60% of business comes from drop-off dry cleaning business. There are 2 part time employees. New equipment installed in 2014. Located on 1st floor of 100-unit residential building, with no washer in units. Security system, and equipment still under warranty. Wash and fold service. Run 100% absentee- Owner/operator can add $20k of $53k of absentee cash flow to total cash flow of $73k. Amazingly, no water bills. No commercial accounts, no advertising and no on-site owner. Good lease in dense residential area. Contact broker Joe Stansky for more details.

About the Business

Location:
Queens County, New York
Number of Employees:
3
Website:
www.vestedbb.com/lid-28942
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About the Sale

Reason For Selling:
Other business

Listing Info

ID:
1616135
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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