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Businesses For Sale > Business For Sale in Kings County, New York (NY)

Laundromat & Dry Cleaners-26876 for sale in Kings County, NY

Kings County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 525,000 $ 320,000 $ 131,002

Business Summary:
The seller is the landlord and, in that capacity, is willing to give you a brand new, below-market, 20-year lease, starting at just $5,500/month. He is also open to giving you the right of first refusal to purchase the four-story residential building within which the laundromat is housed. This is a very well-maintained 2,000 sq. ft., family-run laundromat, located in a safe, diverse and ever-gentrifying Brooklyn neighborhood.It's doubtful you will uncover another gem of its kind. The laundromat contains 30 washers (18 regular, 8 large, and 4 super-large) and 30 dryers (15 Huebsch Originator Twin 30s) - all approximately 11 years old and in very good condition. Around $200K in revenue comes from coin self-service. Another $100K comes from drop-off wash & fold and drop-off dry cleaning. An additional $20K in profits derives from a variety of vending machines, ATM, massage chair, etc. You can definitely grow the laundromat's business by offering pick-up and delivery service. The seller is more than glad to educate a buyer who is new to the laundromat business. Please be very discreet when visiting, as the employees and customers do not know it's for sale. 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 at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.kg For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-26876 for instant access to this business information.

 

   
Year Business was Established: 2009
   
Number of Employees: 2FT  
   
Owner willing to finance: 525,000.00 Down & Make your best all down offer!  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retirement  
   
Seller Reference Number: 26876
BusinessMart.com Listing Number: 256691
 

 

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