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Established Laundromat In Kings County For Sale

Kings County, New York, US
Asking Price:
$160,000
Sales Revenue:
$208,000
Cash Flow:
$96,000

This well run laundromat has just become available for purchase in Kings County, NY. This business has been in this location for over 30 years, with the current owners having been the owners for the last 8 years. This is located in a densely populated area of New York and the customers are all friendly. The high population in the area keeps the business steady, allowing their sales to be over $200,000. Of the 22 dryers, 16 are brand new ( 2 years) the remaining washers are more than ten years old. Because of the pandemic, demand for drop off service has decline , wash and fold has decline.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Has second business

Employees:
3PT
Years established:
2014

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$2,000

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