Highly successful Laundromat in YonkersListing: #NYC00018
About this Business for sale in Westchester CountyHighly successful Laundromat in Yonkers
15 washers 18 dryers
2 years old dryers and 15 years old Washers in great condition
Average gross $227000 Yearly. documents supported
A real opportunity for an owner /operator to increase profits. Still has lots of room to grow. increase dry cleaning and pick up and delivery. Employees: $65,000 per year
Rent is only $41,000 yearly included water and real estate tax.
Landlord willing to give new 10-year lease.
Utility $16,800 Yearly
Net $110,000-120,000 yearly
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.