Profitable Laundromat-Vibrant Wash & Fold - Near Selden, NY - $151,000

Suffolk County, NY
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Asking Price:$151,000
Gross Revenue:$115,000
Cash Flow:$44,000
Rent:$1,500
BUSINESS DESCRIPTION

Laundromat has been in this location for over 20 years.

Well appointed plaza in great neighborhood.

Landlord willing to entertain new 10 year lease.

Great rent at $1500 for approx. 1700 sq. ft.

Great potential to build wash & fold further as well as adding Pick Up & Delivery (PUD)

Most machines are 10-12 years old. Excellent shape and all are working.

Seller currently works all hours with partner but P&L has $2500 month built in to hire help.

Great footprint with private office and plenty of storage.

This wont last at this price.

Cash Offers Only - No Seller financing or bank/SBA will be entertained.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,700
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John
M. Bedosky
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John M. Bedosky