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HedgeStone Group

$160k Net Absentee Laundromat In Brooklyn For Sale

HedgeStone Group, New York, New York, us, 10261

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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) Monthly Income

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 Monthly Expenses

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 info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL. CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply. FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711 Detailed Information

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. Listing Inquiry

First Name * Last Name * Your Email * Phone * Purchase Timeframe Message By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

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