Established Laundromat Business with Prime Location

Featured on BusinessForSale.com . 26 viewed

Asking Price

$450,000

FOR SALE - ACTIVE

Detailed Information

Location

Queens,New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This listing is for a well-established laundromat business that has been serving the local community for over 15 years. The property is a cozy 1,500 square feet with a basement and comes equipped with 57 high-quality Dexter machines. The revenue breakdown consists of 35% self-service, 45% wash and fold, and 20% dry cleaning services. The laundromat is managed by two experienced employees and operates from 7am to 11pm daily. The landlord may offer a strong lease to qualified buyers interested in taking over the business. Interested parties must sign a confidentiality agreement to receive the exact location details. This opportunity presents a turnkey operation with a proven track record of success in the laundry industry. With a diverse revenue stream and a prime location, this laundromat offers a solid investment opportunity for those looking to enter or expand in this market. If you are looking to enter the laundromat business or expand your existing operations, this established

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