High Volume Laundromat - 29752

Kings County, NY
Kings County

Asking Price: Annual Revenue:
$575,000 $539,500

Services: Dry Cleaning & Laundry

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RE: High Volume Laundromat - 29752 Broker: Syed Ahmed

Quick Facts

Asking Price: $575,000
Annual Revenue: $539,500
Net Profit: Not Disclosed
Cash Flow: $178,352
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 13
BBN Listing #: 66584447
Broker Reference #: 29752

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Business Overview:

This high volume laundromat, card operated, laundromat is located at the middle of an extremely busy commercial road in Brooklyn. Seller owns it for 10 years. It has 50 washers and 50 dryers; all are 10 years old, and are in an excellent condition. Seller has got a serious physical problem, so he has decided to sell it. He is willing to finance. ATM, candy machines, and games also fetch a decent cash flow. A great opportunity for a buyer who wants to buy a high volume laundromat. Seller's net cash flow, after paying all the expenses, is around $175,000 a year. Contact Syed or email us for more information.

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Reason for Selling:

Seller's physical condition.

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.

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