Absentee Laundromat In Brooklyn

Overview

Real Estate Option: $2,650,000 (includes business and property)

Financing:
Open to Eastern Funding (30–40% down)

Consistent, diversified income streams (self-service, wash & fold, dry cleaning)

Strong lease and solid infrastructure

Equipment & Systems

40 Speed Queen Washers (2012)

16 Speed Queen 30 lb. Stack Dryers

4 Speed Queen 75 lb. Dryers

Card System: CCI (Card Concepts Inc.)

POS:
Champ POS (Wash & Fold, Dry Cleaning, and Soap Sales)

Wash & Fold: $13,000

Card Washers: $25,000 – $27,000

Vending: $200

ATM: $150

Dry Cleaning: $1,500 – $2,000

Total Monthly Income: $39,850 – $42,350

Base Rent: $9,300

Taxes & CAM: $3,500

Total Rent: $12,800/month (Landlord proposing $14,000 for new lease)

Gas: $2,800

Electric: $1,800

Water: $1,000

Payroll: $6,800/month (~$1,700/week)

Insurance: $584/month (~$7,000/year)

Cable: $300

Supplies: $2,000

Phone & Internet: $300

Total Monthly Expenses: $28,384

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners:
We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at  Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT

• Property Owned or Leased:
  Own
• Property Included: N/A
• Building Square Footage: N/A
• Lot Size: N/A
• Total Number of Employees: N/A
• Furniture, Fixtures and Equipment: N/A

Is Support & Training Included:
Yes.

Purpose For Selling:
Other business interests.

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By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.