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Posted: Tuesday, June 27, 2017 6:32 AM

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Two Laundromat Package Deal

Business Description: Two Laundromat Package Deal. Great Suffolk County locations. Both are located in busy shopping centers and offer coin laundry, wash & fold service, drop off dry cleaning and pick-up and delivery service.
Both locations feature a mix of new and older machines. Together the locations generated gross sales of approx. $328,320.00 with a net cash flow of approx. $101,072.00.
The seller keeps detailed P&L's to help verify all financials. Both locations have assumable leases. Loc. A has 7 years remaining on the lease with the landlord willing to add another 10 years for a qualified tenant.
The current rent is $4,161/mth. for 2,600 sq. ft. Loc. B has 4 years remaining on the lease with the landlord willing to add another 10 years for a qualified tenant. The current rent is $4,688/mth. for 1,600 sq. ft.
Both stores have very large parking lots and operate 7 days from 6am-11pm. Both locations have 2 P/T employees.
We are seeking a serious and financially qualified buyer with at least $180K in liquid funds to cover the asking price and inventory.
To learn more, please call Mel Vaz at 1-877-735-5224.. ALL SITE VISITS MUST BE DISCREET.
PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Asking Price: $299,000.00

Gross Revenue: $328,320.00

Owner's Cash Flow: $101,072.00

Down Payment: $180,000.00

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: Long Island, Suffolk County

• Post ID: 101463688 newyork

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