$160k Net Absentee Laundromat In Brooklyn For Sale
Business Description
HS Listing ID-67881
Asking Price (Business Only): $850,000
Real Estate Option: $2,650,000 (includes business and property)
Real Estate Value (alone): $2,000,000
Financing: Open to Eastern Funding (30–40% down)
Established, absentee-run laundromat in a prime Brooklyn location
Consistent, diversified income streams (self-service, wash & fold, dry cleaning)
Strong lease and solid infrastructure
Real estate available for long-term investment security
Equipment & Systems
40 Speed Queen Washers (2012)
16 Speed Queen 30 lb. Stack Dryers
4 Speed Queen 75 lb. Dryers
Card System: CCI (Card Concepts Inc.)
POS: Champ POS (Wash & Fold, Dry Cleaning, and Soap Sales)
Monthly Income
Wash & Fold: $13,000
Card Washers: $25,000 – $27,000
Vending: $200
ATM: $150
Dry Cleaning: $1,500 – $2,000
Total Monthly Income: $39,850 – $42,350
Monthly Expenses
Base Rent: $9,300
Taxes & CAM: $3,500
Total Rent: $12,800/month (Landlord proposing $14,000 for new lease)
Gas: $2,800
Electric: $1,800
Water: $1,000
Payroll: $6,800/month (~$1,700/week)
Insurance: $584/month (~$7,000/year)
Cable: $300
Supplies: $2,000
Phone & Internet: $300
Total Monthly Expenses: $28,384
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Asking Price (Business Only): $850,000
Real Estate Option: $2,650,000 (includes business and property)
Real Estate Value (alone): $2,000,000
Financing: Open to Eastern Funding (30–40% down)
Established, absentee-run laundromat in a prime Brooklyn location
Consistent, diversified income streams (self-service, wash & fold, dry cleaning)
Strong lease and solid infrastructure
Real estate available for long-term investment security
Equipment & Systems
40 Speed Queen Washers (2012)
16 Speed Queen 30 lb. Stack Dryers
4 Speed Queen 75 lb. Dryers
Card System: CCI (Card Concepts Inc.)
POS: Champ POS (Wash & Fold, Dry Cleaning, and Soap Sales)
Monthly Income
Wash & Fold: $13,000
Card Washers: $25,000 – $27,000
Vending: $200
ATM: $150
Dry Cleaning: $1,500 – $2,000
Total Monthly Income: $39,850 – $42,350
Monthly Expenses
Base Rent: $9,300
Taxes & CAM: $3,500
Total Rent: $12,800/month (Landlord proposing $14,000 for new lease)
Gas: $2,800
Electric: $1,800
Water: $1,000
Payroll: $6,800/month (~$1,700/week)
Insurance: $584/month (~$7,000/year)
Cable: $300
Supplies: $2,000
Phone & Internet: $300
Total Monthly Expenses: $28,384
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2423359
- Listing Views
Listing ID: 2423359 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.
Businesses for SaleNew York Businesses for SaleNew York Personal Product & Service Businesses for SaleNew York Coin Laundry & Laundromat Businesses for Sale
Similar Listings
