Seller's Contact Information

  • RE:  Laundromat & Property
  • Contact:  Customer Service
Owner Financing is Available!

Quick Facts

Asking Price: $525,000
Annual Revenue: $175,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: 150,000
Real Estate: $380
Year Established: 2000
Employees: 3
BBN Listing #: 29403909
Broker Reference #: LAUN377

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Business Overview:

Excellent opportunity to own this commercial laundromat and property in a wonderful area of Orange County, New York. The business is on a commercial avenue with various other successful business which attract a consistent volume of customers. This wonderful location is on a high traffic road and additionally offers a wash and fold service. Total 21 Heubusch washers one 60ibs, four 40ibs, four 30ibs, twelve 20ibs, and total of twenty (20) speed queen dryers. All washers they range from One to two years old. The property includes this laundromat and a tenant with a $19,800 yearly rent. This is an excellent opportunity which can be substantially improved with an improved marketing plan. This is a dependable business opportunity. The business fixed assets have an estimated value of approximately $110,000 which is based on equipment and licensing replacement cost. This transaction consists of a fully equipped commercial retail laundromat, which includes, required licenses, newer washers and dryers, displays, shelving, accounting system, tables, computers, including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.

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Property Features and Assets:

This commercial laundromat consists of 2,000 square feet is located on a highly active commercial avenue with numerous other businesses. The laundromat has a full basement and is conveniently located on an active county road. The laundromat is near various active businesses which attract various shoppers. This opportunity is in Orange County, New York, which consists of highly populated communities with continued demand for this service.

Market Competition and Expansion:

To the best of our knowledge, and due to licensing requirements, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.

Reason for Selling:

Owner retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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