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Fantastic Laundromat and Convenience Store
Westchester County |
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Two stores owned by the same owner, next door to each other. The Laundromat has 14 washers, 14 dryers and 1 extractor. The convenience store sells the normal items including soap supplies for the Laundromat. The store has an ATM machine that nets to the owner $300 per month and Lotto net revenues are $1,000 per month. Plus the building is for sale too. You can be your own landlord and the business will pay off the mortgage. Included in the sale is also a vacant lot that is adjacent to the building. This lot used to have an apartment building on it. Great money making opportunity and a chance to own real estate!!! |
Listing Number: 270
Morris Cohen - Listing Broker
122 Ogden Avenue, Dobbs Ferry, NY 10522
Telephone - (914) 674-9580
E-mail -
mcohen@capitalbbw.com
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
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| Asking Price |
$495,000 |
| Gross Sales |
$350,000 |
| Cash Flow |
$50,000 |
| FFE |
$70,000 |
| Inventory |
$2,000 (Inventory IS Included) |
| Real Estate |
$350,000 (Real Estate IS Included) |
| Employees |
2 - Full-Time
0 - Part-Time |
| Facilities |
The building is a one story 1,560 square foot building sitting on a lot (25x100) that is 2,500 square feet. The owners have been approved to build a second floor over the store. They have the blueprints for 3 3-bedroom apartments. The laundromat has 14 washers, 14 dryers and an extractor. The convenience store has the typical refrigerators, freezers and the like. The owners also own the vacant lot adjacent to the store (89x100) which is 8,900 square feet and which is included in the sale. The vacant lot is zoned ?M? and can be used to build an apartment building, among other types of buildings. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Very good location. Does good business. |
| Growth Notes |
The store can be re-configured to reduce the labor cost and be more profitable. It is not being run correctly. |
| Support Training |
Owners will provide what is necessary. |
| Year Established |
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| Financing Terms |
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| Reason for Selling |
The owners are relocating. |
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