Owner Financing is Available!
Business Overview:
Fantastic Laundromat for sale. Located right off of one of the busiest highways on Long Island, this laundromat has 21 washers and 20 dryers. It is in a shopping center with a major supermarket and 8-10 other stores. In the past 12 months, the business has grossed approximately $143,834 (64% Wash & Fold and 36% Coin) with a net income of approximately $41,944. The seller is asking less than a 2.25x's multiple on cash flow. All electrical work has been recently redone. The monthly rent is only $3,809 includes all CAM charges and taxes. In addition, there is no filtration system necessary for the sewer which means no water treatment expense common in most laundromats in Suffolk County. There is no better laundromat deal on the market right now.
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.
Reason for Selling:
personal
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 a franchise resale opportunity.
Resources: