Absentee owner operating laundromat for sale

Middle Village, NY
listing image
Asking Price:$495,000
EBITDA:$126,000
Gross Revenue:$441,000
BUSINESS DESCRIPTION

Middle Village, Queens, NY
Absentee Ownership Business !!!

Yearly Gross Sales approx. $441,000
1,500 sq. ft Store
55 Machines, 27 Washers + 28 Dryers
(Dexter 10+ yrs old, Coin System, Very Good Condition)
Rent $6,500 per month + $1,000(Tax)
9 years fixed rent + 5 years option
Net Income approx. $126,000/Yr
Business income verification can be done only by monitoring the store for a few weeks
Please contact exclusive listing agent Jimmy Ma 516-728-8139 to get the business details.
NDA form will be required.


DETAILED INFORMATION
Location
Middle Village, NY
Inventory
Not Included in asking price
Employees
4
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Jimmy Ma