Established Laundromat with 20 Washers and 18 Dryers Jamaica, NY

Jamaica, NY
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Asking Price:$265,000
Inventory:$5,000
FF&E:$85,000
Gross Revenue:$96,000
Rent:$2,500/Month
BUSINESS DESCRIPTION

MOTIVATED SELLER LOOKING FOR A QUICK SALE
THE NEW OWNER CAN INCREASE GROSS REVENUE SUBSTANTIALLY THROUGH MORE WASH & FOLD SERVICES, PICK UP & DELIVERY, AND MORE AGGRESSIVE INTERNET MARKETING. Business is Located in a high-traffic area for 50 years. Huge potential for growth, corner location, busy foot traffic.
Owner operator. Established Neighborhood Laundromat with 20 Wascomat washers and 18 Dexter Dryers

Asking price: $265,000
$96,000yearly gross sale, just self-service
$2.500 rent,(10 y lease +10 years option)
sq.ft: about 1400 +same size basement
working hours:8am-8pm, 7 days per week
just self-service ; huge potential to include drop off pick-up and delivery
all coins machines,

20 Wascomat washers:
2 big,
6 medium
12 small

18 Dexter dryers:

Expenses(monthly):
rent:$2,500
water b:$1,000
con ed: $600
gas:$650
Insurance:$120
garbage:$50

Profitability: With a strong net cash flow and consistent revenue, this business offers an excellent return on investment.
Prime Location: this business benefits from a high-traffic location and a loyal customer base.
The Store has a well-established reputation for quality and selection.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Jamaica, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,800
Lease Expiration
01/08/2034
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
Family
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Andrijana
Babic
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Andrijana Babic