Listing ID: 67881

Business Overview

Asking Price (Business Only): $775,000

Real Estate Option: $2,650,000 (includes business and property)

Real Estate Value (alone): $2,000,000

Financing: Open to Eastern Funding (30–40% down)

Established, absentee-run laundromat in a prime Brooklyn location

Consistent, diversified income streams (self-service, wash & fold, dry cleaning)

Strong lease and solid infrastructure

Real estate available for long-term investment security

Equipment & Systems

40 Speed Queen Washers (2012)

16 Speed Queen 30 lb. Stack Dryers

4 Speed Queen 75 lb. Dryers

Card System: CCI (Card Concepts Inc.)

POS: Champ POS (Wash & Fold, Dry Cleaning, and Soap Sales)

Monthly Income

Wash & Fold: $13,000

Card Washers: $25,000 – $27,000

Vending: $200

ATM: $150

Dry Cleaning: $1,500 – $2,000

Total Monthly Income: $39,850 – $42,350

Monthly Expenses

Base Rent: $9,300

Taxes & CAM: $3,500

Total Rent: $12,800/month (Landlord proposing $14,000 for new lease)

Gas: $2,800

Electric: $1,800

Water: $1,000

Payroll: $6,800/month (~$1,700/week)

Insurance: $584/month (~$7,000/year)

Cable: $300

Supplies: $2,000

Phone & Internet: $300

Total Monthly Expenses: $28,384

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: $775,000
  • Cash Flow: $160,000
  • Gross Revenue: $490,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • 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
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.