Absentee Western Nassau County Card Laundromat - $175K Net
Business Description
• Modern, High-Performing Laundromat: Established in late 2021 this is a recently built, high-volume laundry business. Fully equipped with Wascomat commercial-grade washers and dryers and a CCI system.
• Strong Financial Performance: Generates approximately $8,900 per week in sales ($38,600/month, $464,000/year). Produces $173,000 of net income (37% profit margin). Consistent weekly revenue and clean, verifiable sales reports.
• Semi-Absentee Ownership: Owner manages remotely while three reliable employees handle daily operations, including opening, closing, wash & fold, and customer service.
• Ideal for investors seeking a semi-absentee or hands-off business.
• Equipment & Facility: 30 Wascomat washers (20–60 lb. capacity) & 36 Dryers. All machines installed new in 2021.
• Massive Full Basement for supplies and mechanical access.
• On-site parking for customer convenience.
• National retailers located in same complex.
• Lease Terms: Assignable lease with 7.5 years remaining plus (2) five-year renewal options – extends through April 30, 2043.
• Landlord approval required for assignment.
• Location & Market: Serves a dense residential community with consistent weekly usage. Situated in a convenient, high-demand area of Nassau County with steady year-round demand.
• Growth Opportunities: Add pickup and delivery services for local residents and commercial clients.
• Increase marketing and social media presence to attract new customers.
• Pursue commercial laundry contracts (salons, gyms, medical offices, etc.).
• Financing: No seller financing offered.
• Laundromat lender financing available – buyer should expect 35–40% down or all-cash purchase.
• Does NOT qualify for SBA.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
• Strong Financial Performance: Generates approximately $8,900 per week in sales ($38,600/month, $464,000/year). Produces $173,000 of net income (37% profit margin). Consistent weekly revenue and clean, verifiable sales reports.
• Semi-Absentee Ownership: Owner manages remotely while three reliable employees handle daily operations, including opening, closing, wash & fold, and customer service.
• Ideal for investors seeking a semi-absentee or hands-off business.
• Equipment & Facility: 30 Wascomat washers (20–60 lb. capacity) & 36 Dryers. All machines installed new in 2021.
• Massive Full Basement for supplies and mechanical access.
• On-site parking for customer convenience.
• National retailers located in same complex.
• Lease Terms: Assignable lease with 7.5 years remaining plus (2) five-year renewal options – extends through April 30, 2043.
• Landlord approval required for assignment.
• Location & Market: Serves a dense residential community with consistent weekly usage. Situated in a convenient, high-demand area of Nassau County with steady year-round demand.
• Growth Opportunities: Add pickup and delivery services for local residents and commercial clients.
• Increase marketing and social media presence to attract new customers.
• Pursue commercial laundry contracts (salons, gyms, medical offices, etc.).
• Financing: No seller financing offered.
• Laundromat lender financing available – buyer should expect 35–40% down or all-cash purchase.
• Does NOT qualify for SBA.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Years in Operation
- 4
- Facilities & Assets
- 30 Wascomat washers (20–60 lb. capacity) & 36 Dryers. All machines installed new in 2021.
- Opportunities for Growth
- Add pickup and delivery services for local residents and commercial clients.
Increase marketing and social media presence to attract new customers.
Pursue commercial laundry contracts (salons, gyms, medical offices, etc.).
Real Estate
- Owned or Leased
- Leased
- Rent
- $7,500.00 per month
About the Sale
- Financing Options
- Laundromat lender financing available – buyer should expect 35–40% down or all-cash.
Listing Info
- ID
- 2439214
- Listing Views
- 30
Listing ID: 2439214 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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