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Region: USA :: New York :: Print Listing
Property Type: BusinessForSale :: Laundromat

Advertiser: Commercial
The Gray Rider Real Estate
143 Longview Drive
Chatham NY 12037
United States
Phone: +1-518-392-7062
CLICK HERE TO CONTACT ADVERTISER
 
Price: US$ 485,000
Bathrooms: 1
Built: 2007
Space: 2500 sq/ft
Views: 396

LANDROMAT BUSINESS FOR SALE IN UPSTATE NY - MONEY MAKER


This very successful, money maker business had a Gross Income of $468,000 in 2014 (verified by Tax Records) and had a Net Income of just under $100,000., plus the owner takes out another $25,000 in salary. There is a long term lease available and the business is located in a new Walmart and Lowes Shopping Center. Some nearby competitors have recently gone out of business.


ADDITIONAL INFORMATION

Asking Price: $485,000

IRS Reported Gross Sales 2014: $ 468,000.

Cash Flow: $100,000.+/-

Equipment Value: $200,000 - included in the sale

40 Washing Machines - Wascomat and Maytag brands

27 Dryers - American brand

All machines well maintained and in good working order.

2,600 square feet of space

Professionally installed plumbing, heating and electric service in 2007