Laundromat For Sale In Suffolk County, NY-29027

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$105,000 $108,500

Services: Dry Cleaning & Laundry

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RE: Laundromat For Sale In Suffolk County, NY-29027 Broker: Syed Ahmed

Quick Facts

Asking Price: $105,000
Annual Revenue: $108,500
Net Profit: Not Disclosed
Cash Flow: $41,200
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 2
BBN Listing #: 55424447
Broker Reference #: 29027

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Business Overview:

This 25 years laundromat is located in a very busy strip mall on Long Island. Rent is just $2,700. The laundromat has 20 washing machines and 22 dryers; all in excellent condition. A lady owns it, but she lives in Queens, which is too far for to commute everyday. The business also has 7 commercial accounts, which gives a steady income to the business. A great location! Seller's net cash flow, after paying all the expenses, is $40,000 a year. Please contact us for more information.

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Reason for Selling:

Commuting is a problem.

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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