High Net, Card Laundromat In Prime Location For Sale

Asking Price$3,000,000

Cash Flow
$463,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$948,000

InventoryNot Disclosed

FF&ENot Disclosed

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High Net, Card Laundromat In Prime Location For Sale


Asking Price$3,000,000

Cash Flow
$463,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$948,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
HS Listing ID-62848

– Situated on a main road in the Bronx, ensuring constant foot traffic.

– One of the biggest laundromats in the Bronx. Mainly self-service income.

– Surrounded by numerous residential apartment buildings, catering to a large and steady customer base.

– 20 year lease, offering long-term stability for the new owner.

– Open 24 hours.

– Spacious 4,000 SQ FT location providing ample room for folding areas, and customer seating.

– Equipped with 48 washers & 56 dryers, all top-of-the-line Speed Queen Card Machines that are only 2 years old.

– 4 Employees (3 FT & 1 PT).

– The current owner is fully-absentee, stopping by only once a week.

– Established & Operating successfully for 20 years, with a strong reputation in the community.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$13,666.67 per month
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Listing Info
ID
2268050
Listing Views
3191

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Business Listed by: Christian Rodriguez Hedgestone Business Advisors

Listing ID: 2268050 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.