We are pleased to present an incredible opportunity to acquire a full-service Laundromat business situated in a prime spot within an extremely busy area, ensuring a steady flow of customers throughout the day. This business, including both the business itself, laundry machines, and the property is impeccably maintained and has been thoughtfully designed to create a welcoming and comfortable environment for customers. The space is clean, well-lit, and equipped with efficient and well-maintained laundry machines. The current owners have successfully operated the Laundromat for approximately 20 years, ensuring a stable and profitable business with multiple more opportunities. Don't miss out on the chance to own a profitable business in an excellent location., Additional information: Business Located At:90 Covert Avenue, Building Size:20x60
90 Covert Avenue, Hempstead, (Stewart Manor), NY, 11530
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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