Hot Listing

Established Laundromat Business For sale. fully reinvaded new machines

Asking Price$319,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$100,000
Included in asking price
FF&ENot Disclosed

listing imageSave
Hot Listing

Established Laundromat Business For sale. fully reinvaded new machines


Asking Price$319,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$100,000
Included in asking price
FF&ENot Disclosed

Business Description
Newly remodeled and operational

Long-established laundromat operating for over 35 years in a high foot traffic Brooklyn neighborhood, serving loyal customer. 15,000 surrounding residents.

Fully remodeled and rebuilt! Over $100,000 in repairs and new features. Turn this turnkey business into yours.

Lease: 5 years + 5 year extension, 3.5 % annual increases on base rent

Facility: Fully remolded and built clean 1,200 sq. ft. laundromat designed with controlled access office for attendant and security. Newly installed security cameras and drop safe.

Equipment: Equipped with newly installed reconditioned 27 machines including 17 IPSO washers (9x 18 lbs, 6x 40 lbs, 2x 50 lbs) and 20 Dexter dryers. Machines are from early 2000s but work great, recently refurbished.

Service Offerings: Provides self-service coin operated laundry as well as wash & fold drop off

Management: Fully staffed with daily attendants who oversee daily operations, enabling the current owner to maintain a largely absentee role.

Ownership: The owner typically visits once a week.

Staffing: Operated by a team of 2 employees, 1 day shift employee, and 1 afternoon/evening shift employee

Revenue Expansion : New owner can add Wash-and-Fold services as well as pick-up and delivery to increase revenue streams.

Operating Hours: Open 7 am-10pm, 7 days per week with the option for a new owner to adjust hours if desired.
About the Business
Number of Employees
1
Facilities & Assets
Fully remolded and built clean 1,200 sq. ft. laundromat designed with controlled access office for attendant and security. Newly installed security cameras and drop safe.
Opportunities for Growth
New owner can add Wash-and-Fold services as well as pick-up and delivery to increase revenue streams.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
Rent
$5,000.00 per month
About the Sale
Seller Motivation
Moving
Financing Options
No Financing
Listing Info
ID
2401038
Listing Views
802

Contact Seller

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Business Listed by: Moshe Hirsch

Listing ID: 2401038 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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