Thriving High-Volume Laundromat for Sale in Prime Brooklyn Location
Asking Price: | $2,220,067 |
Gross Revenue: | $1,493,612 |
Cash Flow: | $380,823 |
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NOTE: Yes, it is still available. If interested, please complete the form to continue : https://forms.gle/YtfSKvYrj6jazB4y7
Annual Figures:
Gross Revenue: $1,493,611.93
Net Profit: $380,823.28
Expenses:
Rent/Taxes/CAM: $68,875,92 ($5,739.66 a month)
Advertising & Marketing: $27,519.37
Service Charges: $1,109.39
Misc: $2,817.51
Insurance: $12,240.99
Office Expenses: $5,136.54
Payroll Expenses: $612,139.79
Payroll Processing Fees and Taxes: $1,060.46
Maintenance: $435.00
Soap & Supplies: $70,307.59
Taxes: $4,120.74
Garbage: $2,939.76
Gas & Electric: $62,348.5
Water & Sewer: $33,208.30
Vehicle Expenses: $57,612.76
-78 High Quality Wascomat Card Machines (38 W + 40 D)
-Ran Fully Absentee, with little to zero owner involvement required
-The business is supported by 15 employees, leaving huge opportunity for the next owner to reduce payroll
-Perfectly located in high traffic location with an active bus stop directly in the vicinity
-This business consistently holds and maintains multiple high volume commercial accounts
-Advantageous lease in place with 17 years remaining