Flatbush Brooklyn Laundromat - Profitable & Remodeled - $199,500
Asking Price: | $199,500 |
Gross Revenue: | $210,000 |
Cash Flow: | $70,000 |
Rent: | $3,400 |
Great location in Brooklyn.
$3400 rent for approx. 1500 sq. ft. with 9 years left on lease.
All new washers and two tankless water heaters installed installed 2 years ago. Dryers are approx. 10 years old, thus store should give you little maintenance problems so you can focus on rebuilding.
17 new washers & 18 dryers
Store does self serve, wash & fold, some pick up & delivery and drop off dry cleaning.
Store has 1 employee who works about 55 hours a week. Great rent at $3400 for this high visibility spot that has been fully remodeled and well appointed.
Current net profit is approximately $70,000 with owner working 30-40 hours a week and its steadily growing as current owner has been building business for last 6 months.
Lots & lots of potential here.
Everything is in place and ready to go.
Price is $199,500