Business For Sale

Services: Dry Cleaning & Laundry


Laundromat - $10,000 week #1121

New York City, NY

Asking Price: Annual Revenue:
$760,000 $520,000

Business Overview:

Machines are only 10 years old. 1,400 sq. ft., Rent $10,712 per month, 3.5 % year increase, 15 years lease, Utility: 3,550 gas & electric, Water: $3,600 month, $4600 Wash & Fold, $4,600 coin. Dry cleaning $300, Soap $500.

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Property Features and Assets:

Location location on Busy Broadway, Washington Height, 27 Washers, 28 Dryer, Dry cleaning drop off.

Market Competition and Expansion:

Wash & Fold business expansion potential.

Reason for Selling:

Relocation

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.

Resources:

Relevant Links:

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Contact the Seller

RE: Laundromat - $10,000 week #1121 Broker: John Chung GCA Property, LLC

Quick Facts

Asking Price: $760,000
Annual Revenue: $520,000
Net Profit: $191,032
Cash Flow: $191,032
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 3
Listing Number: 579227960

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