Nassau County laundromat for Sale

Levittown, NY
listing image
Asking Price:$250,000
Gross Revenue:$160,000
Cash Flow:$60,000
BUSINESS DESCRIPTION

Gross revenue: $13,000/month

SQ. FT: 800
Parking: yes, shopping center
Rent: $ 1,930/month,
Annual rent increase: $50/year
Lease term: 4+5+5
Water +Gas + Electricity: $1,200/month
Maintenance: self
Insurance: $100/month
Inventory:
Machine: coin
Dryer : 20 6 years
Washers: 16 10+ years
Number of employee:
Owner run + 1 part time
Years in business: 6 years

Net: $5,000 + /month

Business hours: 8:00 am - 6:00 pm
80% wash and fold
20% Self serve

No pick up and delivery

Asking $250,000
This is cash deal, no seller note

Potential to expand the business:
Pick up and deliver services and extend business hours


DETAILED INFORMATION
Location
Levittown, NY
Inventory
Not Included in asking price
Growth & Expansion
Pick up and delivery, extend operation hours
Home-Based
This business is Home-Based
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May
Tru International Realty Corp