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Business For Sale

Laundromat

Not Disclosed, NY, USA

Services: Dry Cleaning & Laundry

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$700,000
Not Disclosed
Not Disclosed
$167,600
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1999
4
24252979

Business for Sale Overview:

Currently run completely absentee – Laundromat located in densely populated (apartment dwellers) on the island of Manhattan – 60% coin, 40% Wash/fold. Have all Huebch machines 2000 – 19 washers (2 - 50lb) (5 – 27 lb) (12 – 18lb). 20 DBL stacked 30lb dryers – help not aware who owner is. TV, soap vending machine, bill charger, multiple rolling baskets, work counters. Owner says this Laundromat as all Manhattan Laundromats should be open 24 hours (some are) and would do business all night long. Great 15 year lease has full basement. Financing available through loan company yes financing through Loan Company. This area of Manhattan is densely populated and the noted for Laundromats is always a factor in area residents lives.

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:

Competition: On the island of Manhattan there is no such condition of competition – not enough Laundromats. Expansion: Opening 24 hours – would do business entire night.

Reason for Selling:

Owner selling all interest

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.
 

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