HS Listing ID-70794

Business Highlights

Established Ownership: Current owner has owned and operated the business for 4 years, building a stable foundation of systems, staff, and customer base

Absentee-Run Operation: Business runs successfully without day-to-day owner involvement; current owner pops in occasionally to check on operations, demonstrating the model works under absentee ownership

Trained, Stable Team: Staffed by 4 core team members who handle daily operations, with additional floaters brought in as needed to cover peak times, vacations, and coverage gaps

Industry-Leading Equipment: Fully outfitted with 28 Dexter washers and 30 Dexter dryers — 10 of which are newer machines (2.5 years old, installed under current ownership) and older units (approximately 12 years old); Dexter is widely regarded as the gold standard in commercial laundry equipment for durability, efficiency, and long service life, with older machines known to reliably run 20+ years when properly maintained

Modernized Payment System: Equipment upgraded from traditional coin-op to the LaundryWorks card system, reducing cash handling, simplifying reporting, and allowing price adjustments without recoining machines

Pickup & Delivery Program: Pickup and delivery service was implemented under current ownership and has been instrumental in securing commercial contracts, providing a built-in growth channel beyond walk-in traffic

Revenue Concentration: Self-service approximately 50% ($151,480), PUD/commercial approximately 28% ($83,600), and wash & fold approximately 22% ($64,920) of $300,000 total gross revenue

Self-Service Driven Revenue: Sales mix is primarily self-service, supporting strong margins and lower labor intensity, with wash & fold and commercial pickup/delivery as complementary revenue streams

Prime High-Density Market: Located in one of Westchester County’s most densely populated cities — a Westchester County, NY suburb bordering the Bronx with over 16,000 residents per square mile and a renter-majority population (~62%), delivering the exact customer base that drives consistent laundromat demand year-round.

Long-Term Lease Security: Originally signed as a 20-year lease with approximately 16.5 years remaining, removing location risk for a buyer and supporting long-term financing

Seller Transition Support: Owner is willing to stay on for training and transition support as needed, helping ensure continuity of operations, staff, and commercial accounts through the handover

Reason for Sale: Owner is divesting to focus capital and attention on other business interests that have grown to require her full-time attention.

Rent: $34,608 ($2,884 a month)

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION