Profitable Laundromat- All New Equipment - Staten Island
Asking Price: | $450,000 |
Gross Revenue: | $230,000 |
Rent: | $3,700/Month |
Cash Flow: | $92,000 |
Inventory: | $5,000 |
FF&E: | $350,000 |
Seller highly motivated retiring and Ready to Exit
Are you ready to take over a business with a built-in client base and growth potential?
Just renovated! Brand new energy efficient washers and dryers. Invest in this lucrative, established and semi absentee laundromat. It is located in a very busy residential area, well known and very popular in the neighborhood. Laundromat was established at this location more than 20 years ago. Here is a possibility to take over the existing loan. State-of-the-art, eco-friendly practices, and customer-centric approach. Everything is here: new energy efficient machines, new boiler, van, clean cloud account and excellent condition of the store. Just take over. Positive cash flow. Seller invested in all new equipment. Comes with clean cloud account and website. Wrapped Delivery truck can be worked into the deal.
21 Washers: 4 large, 9 medium and 8 small machines
30 Dryers.
ATM machine.
Vending machine.
Gross sale- $230,000 yr
Net income - 92,000 yr
Rent $3700
Lease - 10 years with 2 x 5-years renewables.
Payroll - $1300 weekly
Utility bills - $2600 monthly.
Store: 1275 sq ft
Self service - 25%
Drop off - 50%
Pick up and delivery 25%
Van 2018 Ram Pro Master. 128,000 miles
Profitability: With a strong net cash flow and consistent revenue, this business offers an excellent return on investment.
Prime Location: Situated in Staten Island, this business benefits from a high-traffic location and a loyal customer base.
The Store has a well-established reputation for quality.
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