Listing ID: 73086

Business Overview

Asking Price: $799,000
Annualized Revenue: approx. $467,000
Annualized Net Income: approx. $156,000
 Net Margin: approx. 33%
 Monthly Rent: approx. $8,500

Lease Remaining: approx. 15–20 years
Card-operated laundromat
Newer / modern equipment

Revenue increased approx. 22% during the April–August period reviewed

Prime Park Slope location with strong residential density and recurring neighborhood demand

Established operation with existing customer base and installed infrastructure

 Growth opportunities: ATM, detergent/soap sales, vending, wash & fold, pickup/delivery, commercial accounts and pricing optimization

Equipment financing: approx. $207,000 outstanding, subject to final payoff/assumption structure

Current financial figures are based on 5 months of seller-provided results annualized, so full TTM financials are still being collected

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: $799,000
  • Cash Flow: $156,000
  • Gross Revenue: $467,000
  • 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
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.