HS Listing ID-68702

Turn-Key Newly Renovated Bronx Laundromat:

Modern, well-maintained laundromat located inside a NYC housing residential complex, delivering strong, consistent earnings supported by super low overhead, new equipment, and a large facility footprint. The store benefits from a steady built-in customer base and reliable daily usage.

Strong Financial Performance:

Produces approximately $31,000 in monthly net profit, supporting ~$370,000 annualized. Revenue is consistent, diversified across self-service, wash & fold, soap sales, and ancillary income sources.

Semi-Absentee Ownership:

Owner manages remotely while a trained team of 2 full-time and 2 part-time employees handle all daily operations, including opening/closing, customer service, wash & fold production, cleaning, and store oversight.

Equipment & Facility:

All equipment is Fagor, brand new (1.5 years old) & under warranty

71 total machines – 35 Washers, 36 Dryers

Card System Machines – Laundryworks for Self-Service. For W&F they use Cents.

Large 6,300 sq ft facility, including 3,500 sq ft of unused space suitable for WDF expansion, commercial laundry volume, storage, or additional equipment.

Lease Terms:

NYCHA commercial lease with 15 year exceptional lease terms

$3,891/month rent

$567/month fixed water every month

No CAM charges

This structure is significantly more affordable than typical laundromat leases in the Bronx and supports strong profitability.

Location & Market:

Situated within a dense residential community, driving consistent daily traffic. NYCHA placement provides a stable, built-in customer base with minimal direct competition inside the complex. Reliable foot traffic and strong demand for both self-service and WDF.

Growth Opportunities:

Launch pickup and delivery service

Expand wash & fold into the unused 3,500 sq ft space

Pursue commercial contracts (salons, fitness centers, daycares, senior homes, etc.)

Add retail items, vending, or ATM upgrades

Increase marketing, signage, and digital customer engagement

Financing:

No seller financing offered

Traditional laundromat lenders available, buyer would need 35-40% down

Landlord Requirements:

Seller must have $100,000 in liquidity to be approved by landlord

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION