Well Established Laundromat - 28264

Not Disclosed, NY
Suffolk County

Asking Price: Annual Revenue:
$490,000 $134,704

Services: Dry Cleaning & Laundry

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RE: Well Established Laundromat - 28264 Broker: Parser

Quick Facts

Asking Price: $490,000
Annual Revenue: $134,704
Net Profit: Not Disclosed
Cash Flow: $59,316
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 4
BBN Listing #: 56264447
Broker Reference #: 28264

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Business Overview:

This thirty year old laundromat is located on one of the busiest roads on Long Island. Seller has owned it for twenty five years and is looking to retire. Laundromat has 23 washing machines and 26 dryers and are in excellent conditions. It has its own parking lot, which is included in the property. The yearly property tax is $12,000. An excellent location; one of the best areas on Long Island. A new buyer should also focus on pick-up service to increase sales. Call 1-877-735-5224 for more information.

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Reason for Selling:

Seller is retiring.

Additional Details:

  • The property is owned.
  • 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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