Listing ID: 40110

Business Overview

Located directly next to multiple apartment buildings in a high foot traffic, high population density with easy access to public transportation.

Owner is fully absentee, only stops by 1-2x a week.

18 years remaining on the lease, 3% increases annually.

High Tech Card System, Speed Queen Machines.

 70 Machines (34W, 36D) – 2 years old.

3,000 SQ FT Space.

3 employees.

Hours of Operation: 6 am – 12 am.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $1,000,000
  • Cash Flow: $150,530
  • Gross Revenue: $415,967
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A
About The Facility:

3,000 SQ FT Space. Turn-Key Absentee Card Laundromat in Prime Location.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

 70 Machines (34W, 36D) - 2 years old.

Opportunities and Growth:

18 years remaining on the lease, 3% increases annually.

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

New York - 10301222535