Property Details

Laundromat with Real Estate - Rochester

Property ID : LB22.218

For Sale, Real Estate $140,000.00 - Laundromat-Dry Cleaning

DESCRIPTION:

  • Convenient, easy to operate Laundromat with Real Estate, located 30 minutes east of Rochester, NY.
  • Has been operating successfully for almost 60 years.
  • 2,000 sq. ft. very clean facility plus a 2,000 sq. ft. clean, dry & well-lit basement.
  • Well-organized layout of washers, dryers, soap/change machines, and sitting area.
  • Onsite parking lot for up to 20 vehicles.
  • Current operating hours are 5am-12am every day.
  • Well maintained assortment of washers and dryers.
  • Top of the line security, surveillance and software systems.
  • Plenty of room for expansion if needed; already plumbed and wired for 6 more dryers.

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • Furniture, Fixtures, and Equipment at a fair market installed value of $ 50,000.
  • Real Estate, with an assessed value of $50,000.

REAL ESTATE INFORMATION:

  • Built in 1960.
  • .82 Acres.
  • 2018 Tax Assessment of $50,000
  • 2018 total property taxes were $1,866.82
  • Building is in good condition and freshly painted.

SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):

      2018     2017    2016
SALES $ 55,112 $ 56,621 $ 54,007
SDE $ 30,961 $ 30,409 $ 34,381

 PRICE/FINANCING:

  • The Asking price for the Business and Real Estate is $140,000.

 COMMENTS:

  • This is a great opportunity for a part-time owner or an acquisition for an existing Laundromat Business.
  • Additional revenue could be generated by adding a Dry-Cleaning service.

Agent Lou Bellanca

  • Office : 585-247-4750

Lou Bellanca has been with AMD Business Brokers since 2009, bringing over 20 years of…
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