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Laundromat And Dry Cleaners In Kings County For Sale

Kings County, New York, US
Asking Price:
$525,000 (USD)
Sales Revenue:
$320,000 (USD)
Cash Flow:
$131,002 (USD)

Laundromat & Dry Cleaners In Kings County-26876

The seller is the landlord and, in that capacity, is willing to give you a brand new, below-market, 20-year lease, starting at just $5,500/month. He is also open to giving you the right of first refusal to purchase the four-story residential building within which the laundromat is housed. This is a very well-maintained 2,000 sq. ft., family-run laundromat, located in a safe, diverse and ever-gentrifying Brooklyn neighborhood.It's doubtful you will uncover another gem of its kind. The laundromat contains 30 washers (18 regular, 8 large, and 4 super-large) and 30 dryers (15 Huebsch Originator Twin 30s) - all approximately 11 years old and in very good condition. Around $200K in revenue comes from coin self-service. Another $100K comes from drop-off wash & fold and drop-off dry cleaning. An additional $20K in profits derives from a variety of vending machines, ATM, massage chair, etc. You can definitely grow the laundromat's business by offering pick-up and delivery service. The seller is more than glad to educate a buyer who is new to the laundromat business. Please be very discreet when visiting, as the employees and customers do not know it's for sale.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-26876 for instant access to this business information.

Business Operation

Reasons for selling:

Retirement

Employees:
2FT
Years established:
2009

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

525,000.00 Down & Make your best all down offer!

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