Business for Sale Overview:
Located heavily populated residential area in East Bronx, New York. Current owner has run 10 years with absolute absentee ownership, that means there are huge room to raise revenue. A lot of demand for pick-up & delivery, wash & fold, supply sales and vending machine. Short business hour of 8 am to 9 pm/7 days. 2,000 square feet roomy floor with partial basement. 30 washer and 24 dryers. (18 x18 LB, 10 x 35 LB and 2 x 50 LB). 4 year old dryers and 10 years washers. 5 years plus 5 year option to renew.
Average monthly sales: $14,000
Self service: $11,300
Wash & fold: $2,700
Annual Net Profit $67,620
Asking Price for Business $199,000.
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:
Current owner has run with 100% absentee ownership.
A lot of demand for wash and fold/pick up and delivery, vending machines and supply sales.
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.