5,000 SF Coin Laundromat Located in the Bronx with High Population for
Bronx, NY
| Asking Price: | $990,000 |
| Gross Revenue: | $660,000 |
| Cash Flow: | $250,000 |
| Inventory: | $5,000 |
Listing ID: 2268671Listing provided by BizBuySell
BUSINESS DESCRIPTION
Gross revenue: $55,000 /month
SQ. FT: 5,000
Parking: street
Rent: $12,500 /month,
Annual rent increase: 3% /year
Lease term: 20 years new lease
Gas + Electricity: $5,000/month
Water: $4,000/month
Maintenance: $159/month
Insurance:
Detergent:
Inventory:
Machine: coin
Dryer : 54
Washers: 54
Number of employee: 4
Payroll: $10,000/month
Years in business:
Net: about $20,000/month
Business hours: 6:00 - 11:00
35% wash and fold
65% Self serve
No pick up / delivery
DETAILED INFORMATION
Location
Bronx, NY
Inventory
Not Included in asking price
Employees
4
Growth & Expansion
Extended to 24 operation hours,
Build up pick up and delivery
Serve dry cleaning
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