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Two Laundromat Package Deal. Great Suffolk County locations. Both are located in busy shopping centers and offer coin laundry, wash & fold service, drop off dry cleaning and pick-up and delivery service. Both locations feature a mix of new and older machines. Together the locations generated gross sales of approx. $328,320.00 with a net cash flow of approx. $101,072.00. The seller keeps detailed P&L's to help verify all financials. Both locations have assumable leases. Loc. A has 7 years remaining on the lease with the landlord willing to add another 10 years for a qualified tenant. The current rent is $4,161/mth. for 2,600 sq. ft. Loc. B has 4 years remaining on the lease with the landlord willing to add another 10 years for a qualified tenant. The current rent is $4,688/mth. for 1,600 sq. ft. Both stores have very large parking lots and operate 7 days from 6am-11pm. Both locations have 2 P/T employees. We are seeking a serious and financially qualified buyer with at least $180K in liquid funds to cover the asking price and inventory. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
The seller will train the new owner.
180,000.00 Down & $119K over 4 yrs. @ 6%.
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