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Laundromat In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$480,000 (USD) Inventory / Stock included
Sales Revenue:
$234,000 (USD)
Cash Flow:
$117,993 (USD)

LISTING ID # 30317

Laundromat in a mid-size strip mall w/ great parking. This is a great opportunity for the current Covid environment. They offer 25 Primus washing machines and 32 Wascomat dryers in a 1,600 sq.ft space. All machines have been maintained thoroughly and are in good shape. The lease has 15 years remaining at a rent of $3,472/mth. In the past year the business grossed approx. $228,800 with a net cash flow of approx. $117,993.00. The owner works in the store 2-3 hours/week. They have a busy drop-off service. It also has customary vending machines for soap and coin changers. It has a sitting area where customers can watch TV. We are seeking a serious and financially qualified buyer with at least $380K in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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

Business Operation

Reasons for selling:

Desires to return to Europe

Employees:
4FT
Years established:
2003

Other Information

Support & training:

Seller will train

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

380,000.00 Down & $100,000 for 2 years at 6%

Furniture / Fixtures value:
$150,000 (USD)
Inventory / Stock value:
$1,000 (USD) - included in the asking price

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