Laundromat in Busy Location - 30317

Suffolk County, NY
Suffolk County


Asking Price: Annual Revenue:
$425,000 $234,000

Services: Dry Cleaning & Laundry


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RE: Laundromat in Busy Location - 30317 Broker: Mel Vaz
Owner Financing is Available!
$325,000.00 Down & $100,000 for 2 years at 6%

Quick Facts

Asking Price: $425,000
Annual Revenue: $234,000
Net Profit: Not Disclosed
Cash Flow: $117,993
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 57924447
Broker Reference #: 30317

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Business Overview:

Laundromat in a mid-size strip mall with great parking. They offer 25 Primus washing machines and 32 Wascomat dryers in a 1,600 square feet space. All machines have been maintained thoroughly and are in good shape. The lease has 15 years remaining at a rent of $3,472/mth. In the past year the business grossed approx. $228,800 with a net cash flow of approximately $117,993.00. The owner works in the store 2-3 hours/week. They have a busy drop-off service. It also has customary vending machines for soap and coin changers. It has a sitting area where customers can watch TV. We are seeking a serious and financially qualified buyer with at least $325,000 in liquid funds. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Reason for Selling:

Desires to return to Europe.

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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