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Mega Laundry Card Reader In Kings County For Sale

Kings County, New York, US
Asking Price:
$400,000 (USD)
Sales Revenue:
$300,000 (USD)
Cash Flow:
$100,000 (USD)

Mega Laundry with 20 Year Lease and Card Reader System. Covid resistant. Recession proof. Absentee Operated. This is an immaculate 5,200 sq. ft. mega - laundry with 8 parking spaces in their own private lot. The business can be open 24 hours a day, 7 days a week. They offer 50 washers (18 small, 18 medium, 12 large and 2 X-Large) and 50 Dryers (2 are 50lb.-75lb., and 48 are 30-55lb.) They use a Laundry Pass card system so all sales are 100% Verifiable! The owner is absentee and spends most time working on another high growth business. That is the motivation for the sale. Gross Sales for past 12 months were approx. $300,000.00 (Includes retail, wash & fold and dry cleaning drop off). Absentee owner’s cash flow was approx. $100,000.00. Please keep in mind this does not include any pick up or delivery that would a must add! The lease is the best part. There are 20 years left with a rent of only $5,200/mth. for a 5,400 sf. space. We are seeking a serious and financially qualified buyer with at least $280K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only after showing proof of funds for at least $280K!

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

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Business Operation

Reasons for selling:

Another high growth business.


Other Information

Support & training:

Seller will train

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

280,000.00 Down & Balance at a rate TBD

Furniture / Fixtures value:
$300,000 (USD)

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