Hot Listing

Laundromat with 4500 sf and 5 Units strip center for sale

Asking Price$2,990,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$15,000
Not included in asking price
FF&E$600,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Laundromat with 4500 sf and 5 Units strip center for sale


Asking Price$2,990,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$15,000
Not included in asking price
FF&E$600,000
Included in asking price
Real EstateNot Disclosed

Business Description
2,890,000.00 is the seller's bottom line . the buyer needs to submit the buyer's pre-approval letter for loan or the buyer's financial statement and a signed NDA form to get the seller's documents for information. PLEASE DON'T TALK TO ANY ONE IN THE PREMISES .JUST TAKE A LOOK PRETENDING LIKE A CUSTOMER. I NEEDS TO CONTACT ALL TENANTS TO SHOW THROUGH THE SELLER.
to sell Laundry business and real estate together not separately, 18,000 sf building with 5 units and parking lot for 120 cars, Laundromat : $6,000/per week , 4500 Sf , 92 machines , 4 years old , pay rent $4500.00 /month , lottery , new heating & cooling system, lots of potential, $2,890,000.00 including business & strip center . Strip center : Unit 1: Asian restaurant , 6000 sf , The restaurant has been there for years. The current tenant has been here almost last 30 years, pays $8,200.00 / month rent and $700.00 for CAM charges , and also pays 85 % of entire building water , the tenant signed for 3 years plus 1 time 5 years option, roof was done 2021 . Unit 2: Café , 2500 sf, well renovated , monthly rent is $3,800.00 , signed April 2022, 5 years plus One 5 years option , Central air & heat . Unit 3: It was a pizza restaurant . closed now , looking for a new tenant ,Monthly rent shall be $3,800.00. 2500 sf , 1 bathroom. Unit 3: Pork & meat busines , 3800 sf , well renovated tenant signed September 2022 , 5 years plus option for 5 years , central air &heat , well renovated , still more than 9 years to go ,monthly rent is $3,950.00 including CAM , Unit 5 : Coin Laundromat , 4500 sf , opened 2019 , new machine , monthly rent is $4,500.00 including CAM . All wall has renovated newly at cost of $60,000.00 , The sidewalk fixed and replaced at around $50,000.00 and installed 5 poles at 40,000.00 , $15,000.00 for other renovation on 2019 , a new roof on 2019 at $55,000.00 ,2 meters in the property , 1 for at restaurant , another one for laundromat , expenses are : $13,000.00 for annual real estate tax and $5,000.00 for real estate insurance
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
18,000
Listing Info
ID
2052282
Listing Views
10208
Attached DocumentsAttachment Disclaimer

Old Second 5734-38 Rental ROLL & Expenses & Laundry income.docx


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Business Listed by: Peter Han PK Property ,real estate company in PA,NJ,NY.

Listing ID: 2052282 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.