Owner Financing is Available
Business Overview:
This is a well established successful and unique combination of a local Laundromat and commercial wholesale wash and fold bundling Business in the Bronx, servicing the Manhattan area. The equipment is updated with equipment and fixtures valued at $550,000. The business is generating a discretionary cash flow of approximately $5,000 per week for the prospective new owner. It is in a good location, well kept and in a concentrated populated area of buildings with repeat clientele, limited competition and tremendous expansion capabilities. This is an easy to run and profitable business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
7,000 Square feet. 3 Vehicles.
Market Competition and Expansion:
Limited Competition in the area. Advertise locally and increase the Retail end of the business.
Reason for Selling:
Out of country bus interest forcing owner to move
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.