Property Details

Suburban Laundromat and Dry Cleaners - Monroe County

Property ID : WSD24.256

For Sale $149,500.00 - Laundromat-Dry Cleaning

DESCRIPTION:

  • Convenient, easy to operate laundromat and dry-cleaning business located on a major roadway in a largely populated suburb in Monroe County, NY.
  • Has been operating for over 23 years
  • Offers dry cleaning and wash and fold laundry services
  • Has a very clean 2,975 square foot facility
  • Well-organized layout of washers, dryers, and sitting areas
  • Has plenty of strip plaza parking
  • Is open every day 7:30 am – 9:00 pm
  • Has 33 well maintained washers and 23 dryers

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

  • Furniture, Fixtures, and Equipment at a fair market installed value of $ 111,500

LEASE:

  • Current Lease ends on April 30, 2020. Buyer of this business will be offered a new long-term lease
  • Base rent is $ 2,274.35/month and pays 24% of the strip plaza’s property taxes, building Insurance, and CAM charges

REPORTED SALES AND SDE:

  • Reported Sales    2018 – $ 158,076    2017- $ 152,253      2016 – $ 164,132
  • Reported SDE      2018 – $   46,613   2017 – $   40,277      2016 – $   54,663

 PRICE/FINANCING:

  • The asking price for the business is $ 149,500

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 pickup and delivery service

Agent Stephen DiPaolo

  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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