Listing ID: 40111

Business Overview

Located in a high foot traffic, high population density with easy access to public transportation.

The laundromat is placed in immediate proximity to multiple residential buildings.

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

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

100 Machines (45W, 55D).

High Tech Card system, Speed Queen Machines.

3,000 SQ FT Space with a full basement.

4 employees.

24 Hour Laundromat.

Owner has a lot on his plate so he’s not too focused on the laundromat. New owner can improve & increase the business.

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.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

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

Financial

  • Asking Price: $1,000,000
  • Cash Flow: $196,707
  • Gross Revenue: $511,788
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

3,000 SQ FT Space with a full basement. High Tech Card system, Speed Queen Machines.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

24 Hour Laundromat.

Opportunities and Growth:

Owner has a lot on his plate so he's not too focused on the laundromat. New owner can improve & increase the business.

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

New York - 10301222535