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An attractively-located laundromat lies in the heart of several apartment buildings in Brooklyn. Its size is 2800 sq. ft. with the same size of the basement. Rent is $5,000, with 25 years lease. Has 46 dryers and 31 washing machines. 40% of business is from drop-offs. Another building, next to the laundromat, is almost complete to accommodate 2500 residents. 100% absentee. One of the best business situations.The seller is willing to help a new buyer to get the financing. The seller's net cash flow, after paying all the expenses, is $275,000 a year. Call Syed for more information.
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Seller will train
400,000.00 Down & $900,000 at 7% for 72 months
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