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Laundromat In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$480,000 Inventory / Stock included
Sales Revenue:
$234,000
Cash Flow:
$117,993

Laundromat in a mid-size strip mall w/ great parking. This is a great opportunity for the current Covid environment. They offer 25 Primus washing machines and 32 Wascomat dryers in a 1,600 sq.ft space. All machines have been maintained thoroughly and are in good shape. The lease has 15 years remaining at a rent of $3,472/mth. In the past year the business grossed approx. $228,800 with a net cash flow of approx. $117,993.00. The owner works in the store 2-3 hours/week. They have a busy drop-off service. It also has customary vending machines for soap and coin changers. It has a sitting area where customers can watch TV. We are seeking a serious and financially qualified buyer with at least $380K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-30317 for instant access to this business information.

Business Operation

Reasons for selling:

Desires to return to Europe

Employees:
4PT
Years established:
2003

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

380,000.00 Down & $100,000 for 2 years at 6%

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$1,000 - included in the asking price

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