Nassau County laundromat for Sale
Asking Price: | $250,000 |
Gross Revenue: | $160,000 |
Cash Flow: | $60,000 |
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
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