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Business for Sale Summary

Laundromat for Sale in Kings County, New York - 36505

Business Type: dry cleaning/ laundry services,misc. service/non-classifiable,other personal services,laundromats
Laundromat for Sale in Kings County, New York
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This business has received 173 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $200,000 Down Payment $200,000
Gross Revenues $260,000 Lease Remaining Register Free to View
Owner’s Cash Flow $81,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and

Business Description

This neighborhood laundromat, a trusted go-to spot for many years, is located on a bustling road in Kings County, New York, occupying a near corner lot across from major coffee chain retailers. The current owners have managed the business for the past eight years. It features 18 washers and 16 dryers, all in good condition, with 30% of the revenue coming from drop-off services. With its strong community presence and ideal location, this laundromat offers a well-established opportunity for a potential buyer looking to step into an already successful business. To learn more, please contact the broker Peter Santella at 516-250-6822.

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.