Suffolk County Laundry Route and Laundromat-32378

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$325,000 $281,096

Services: Dry Cleaning & Laundry


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RE: Suffolk County Laundry Route and Laundromat-32378 Broker: Melvin L. Vaz
Owner Financing is Available!
$200,000.00 Down & $125,000 over 3 years @ 6%

Quick Facts

Asking Price: $325,000
Annual Revenue: $281,096
Net Profit: Not Disclosed
Cash Flow: $100,023
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 3
BBN Listing #: 95724447
Broker Reference #: 32378

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Business Overview:

Commercial Laundry Route and Laundromat. Unique Opportunity. What is being sold is a 1,000 square feet laundromat with 15 Dexter washers (approximately 10 years old) and 14 Electrolux dryers (only 1 year old), 2 pick up and delivery trucks and a route with approximately 60 commercial accounts. The business has a phenomenal lease. THE RENT IS ONLY 1,600/Month. with 3 years left on the current lease. THE LANDLORD IS WILLING TO OFFER A NEW LEASE TO A QUALIFIED TENANT OF AT LEAST 10 YEARS. In the past year the business grossed approx. $281,096 (66% Route, 33% Coin) with a net profit of approximately $100,023.17. THE SELLER KEEPS VERY GOOD RECORDS USING QUICKBOOKS. We are seeking a serious and financially qualified buyer with at least $200,000 in liquid funds to cover the down payment. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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Reason for Selling:

Divesting

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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