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Posted: Wednesday, October 18, 2017 10:03 AM

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Laundromat in Safe Brooklyn Neighborhood

Business Description: The seller is the landlord and, in that capacity, is willing to
give you a brand new below market 20 year lease starting
at just $5,500/month for this well-maintained 2,000 square foot
family-run laundromat located in a safe, diverse, and ever
gentrifying Brooklyn neighborhood. He is also open to giving
you the right of first refusal on the 4 story residential building
within which the laundromat is housed. It's doubtful you'll
uncover another gem of its kind. The laundromat contains
30 washers (18 regular, 8 large and 4 super large) and
30 dryers (15 Huebsch Originator Twin 30s), all approximately
11 years in use and in very good condition. $200K in revenue
comes from self-service and another $100K from wash & fold
(net of coins used) & drop-off dry cleaning. An additional $20K
in profits derives from a variety of vending machines, an ATM,
a massage chair, etc. You can definitely grow the laundromat's
business by offering pick-up and delivery service. The seller is
more than glad to educate buyers who are new to the
laundromat business. Please upgrade to premium membership
to obtain the address and then feel free to discreetly visit the
location without saying anything to the employees or customer,
who do not know the business is for sale. Then, contact listing
broker Jay Goldman to speak with the seller. Please call
877-735-5224 for further information.

Asking Price: $525,000.00

Gross Revenue: $320,000.00

Owner's Cash Flow: $131,002.00

Down Payment: $525,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

• Location: Brooklyn, Kings County

• Post ID: 138515082 brooklyn

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