Business For Sale

Great Laundromat Near University - 24999

Bronx County, NY
Bronx County


Asking Price: Annual Revenue:
$135,000 $170,000

Services: Dry Cleaning & Laundry


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RE: Great Laundromat Near University - 24999 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $135,000
Annual Revenue: $170,000
Net Profit: Not Disclosed
Cash Flow: $52,610
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 2
BBN Listing #: 39604447
Broker Reference #: 24999

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Business Overview:

Great Laundromat Near University. Fantastic Location! Rent of ONLY $2,300/month with 10 years left on the lease. This business is nestled between several businesses on a main street in an affluent area of the Bronx. It is walking distance from a major University and draws a great deal of business from the school. There are also countless apartment complexes and rental units surrounding this laundromat. It is very clean inside, with 15 Washers and 14 Dryers all in working order. They also offer wash and fold service and drop-off dry cleaning. It is in a very high traffic area and has shown consistent sales throughout its history. Run on an absentee basis, the owner spends less than 10 hours a week in the business. He comes in to collect money from the machines and check up occasionally. In the past year, the business Grossed $170,000.00 with a Net of approx. $52,610.00. The great opportunity is that there is still room for growth. Call or email Mel Vaz today to learn more.

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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 not a franchise resale opportunity.

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