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Posted: Friday, March 16, 2018 8:17 AM


Laundromat on Manhattan's Safe UES

Business Description: A more hands-on owner could dramatically increase the
gross & net of this Laundromat on Manhattan's Safe UES.
The current owner is spread too thin between his many
business interests. The dry cleaners next door is about to go
under and it would be a no-brainer to add drop-off dry
cleaning as an addition to the services offered at this
laundromat. As it is, 50% of its sales are from wash & fold,
25% from coin self-service, and another 25% from a handful
of accounts, such as spas, gyms, and salons. 12 new
Double-Stacked Dexter Dryers were added just 4 years ago
and are now fully paid off. For washers, you will find
2 Wascomat Super Load machines, 5 Wascomat Super
Junior W105 Double Loader Plus, and 9 Wascomat Junior
W75 Double Loaders, all in good working order.
The landlord stands ready to extend the lease to at
least 10 years. The base rent is only $4,100/month, which
is very hard to find in a neighborhood like this one.
Do be very discreet when visiting this location, as the
employees and customers do not know it is for sale.
Then, kindly contact listing broker Jay Goldman should you
have any questions and would like to make an appointment
to speak with the owner. Please call 1-877-735-5224 for
further information.

Asking Price: $249,000.00

Gross Revenue: $196,800.00

Owner's Cash Flow: $76,800.00

Down Payment: $249,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

• Location: Manhattan, New York County

• Post ID: 158900797 manhattan

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