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Business For Sale

Upper Manhattan Laundromat

New York, NY, USA

Services: Dry Cleaning & Laundry

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$825,000
Not Disclosed
Not Disclosed
$201,820
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2000
4
49622979

Business for Sale Overview:

Extremely busy Laundromat in highly populated upper Manhattan 60%, 40% wash fold has 28 dryers all 30 lb. DBL stacked Hucbch (2001.) 27 Hucbch washers 4 (50lb.), 12 (30 lb.), 11(18 lb.), all (2001). This Laundromat is run 100% absentee as help do not even know who owner is 1 TV, soap vending machine, bill changer, 3 table tops. This specific Laundromat can be and should be open 24 hours daily and it would do terrific business all 48 hours. 1,400 sq. ft. with great lease (15 years) and full basement. Ready to make big money for new buyer. Absentee owner unknown financing available.

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.

Market Competition and Expansion:

Main reason this spot always crowded is because of Laundromats in this area of upper Manhattan. Expansion: Pick up for wash and fold non at present. Advancing to outsiders to know Laundromat is there. Open 24 hours.

Reason for Selling:

Owner has string of Laundromats and is selling all

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.

Resources:

 

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