30 Year Established Bronx Laundromat For Sale
Business Description
30 Year Established Bronx Laundromat For Sale
HS Listing ID-70179
Asking Price: $340,000
Annual Revenue (2025): ~$220,000
Net Profit: ~$90,000
Ownership: Semi-Absentee
Business Overview
Rare opportunity to acquire a long-established laundromat in the Bronx operating for approximately 30 years. The business has built a strong neighborhood customer base and steady recurring revenue.
The current owner has operated the laundromat for five years and is now planning to retire and relocate, creating a smooth transition opportunity for a new owner.
The business runs semi-absentee, with one long-time full-time employee managing most daily operations while the owner stops in periodically to oversee the business.
Additional revenue streams include wash & fold, dry cleaning services, soap sales, and pickup & delivery, with strong potential to expand pickup and delivery in the surrounding area.
Equipment
• 19 Washers (approximately 15–20 years old)
• 20 Dryers (approximately 12 years old)
• Coin Operated Machines
• Established store layout serving the local neighborhood
Lease
• Rent: $3,600 per month
• 5 Years Remaining on Lease
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Asking Price: $340,000
Annual Revenue (2025): ~$220,000
Net Profit: ~$90,000
Ownership: Semi-Absentee
Business Overview
Rare opportunity to acquire a long-established laundromat in the Bronx operating for approximately 30 years. The business has built a strong neighborhood customer base and steady recurring revenue.
The current owner has operated the laundromat for five years and is now planning to retire and relocate, creating a smooth transition opportunity for a new owner.
The business runs semi-absentee, with one long-time full-time employee managing most daily operations while the owner stops in periodically to oversee the business.
Additional revenue streams include wash & fold, dry cleaning services, soap sales, and pickup & delivery, with strong potential to expand pickup and delivery in the surrounding area.
Equipment
• 19 Washers (approximately 15–20 years old)
• 20 Dryers (approximately 12 years old)
• Coin Operated Machines
• Established store layout serving the local neighborhood
Lease
• Rent: $3,600 per month
• 5 Years Remaining on Lease
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $3,600.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2483415
- Listing Views
Listing ID: 2483415 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.
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