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Profitable Central Queens Laundromat (Seller Financing Available)
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HS Listing ID-65978
Annual Overview:
Gross Revenue: $253,000
Absentee Owner Net Profit: $70,000
Rent: $45,600 ($3,800 a month)
Business Highlights:
Strong Lease in Place
9-year lease remaining
Long-term stability and security for the new owner
Protects against relocation risk in a high-demand market
Newly Renovated Facility
Modern, clean, and move-in ready
Recently upgraded interior reduces near-term capital expenditures
Attractive, professional appearance to drive customer retention
Well-Equipped with 40 Wascomat Machines
20 Washers (approximately 10 years old)
20 Dryers (only 2 years old – minimal wear, long usable life ahead)
Trusted commercial-grade brand known for durability and efficiency
Approximately 1,500 SQ FT of Functional Space
Well-utilized layout maximizing machine capacity
Comfortable customer flow and folding areas
Efficient operational footprint keeps overhead manageable
Diversified Revenue Streams
55% Self-Service – Steady, low-overhead recurring income
40% Wash & Fold – Higher-margin service-based revenue
5% Pick-Up & Delivery – Handled through a 3rd-party service (no logistics burden on owner)
Dry cleaning outsourced – No on-site equipment or labor required
Prime Central Queens Location
Situated on a high-traffic road with heavy foot traffic
Located in one of NYC’s most densely populated boroughs
Strong residential demand from a diverse, laundromat-reliant customer base
Excellent Accessibility
Close proximity to the LIE (I-495) for easy access in East Elmhurst
Major bus routes nearby
Walking distance to the M/R subway lines
Draws customers from Elmhurst, Maspeth, and surrounding neighborhoods
Turnkey, Absentee-Ready Operation
Currently a family-run business
Full payroll cost already factored into expenses to support absentee ownership
Buyer can step in without needing to be on-site daily
Smooth Transition Support
Current owner will stay on temporarily post-sale to train the new owner
Existing team available to help settle in incoming staff
Reduces ramp-up time and operational risk for the buyer
Seller Financing Available
70% Down ($225,000)
Remaining $100,000 financed by the seller
Demonstrates seller’s confidence in the business and lowers buyer’s upfront capital barrier
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Annual Overview:
Gross Revenue: $253,000
Absentee Owner Net Profit: $70,000
Rent: $45,600 ($3,800 a month)
Business Highlights:
Strong Lease in Place
9-year lease remaining
Long-term stability and security for the new owner
Protects against relocation risk in a high-demand market
Newly Renovated Facility
Modern, clean, and move-in ready
Recently upgraded interior reduces near-term capital expenditures
Attractive, professional appearance to drive customer retention
Well-Equipped with 40 Wascomat Machines
20 Washers (approximately 10 years old)
20 Dryers (only 2 years old – minimal wear, long usable life ahead)
Trusted commercial-grade brand known for durability and efficiency
Approximately 1,500 SQ FT of Functional Space
Well-utilized layout maximizing machine capacity
Comfortable customer flow and folding areas
Efficient operational footprint keeps overhead manageable
Diversified Revenue Streams
55% Self-Service – Steady, low-overhead recurring income
40% Wash & Fold – Higher-margin service-based revenue
5% Pick-Up & Delivery – Handled through a 3rd-party service (no logistics burden on owner)
Dry cleaning outsourced – No on-site equipment or labor required
Prime Central Queens Location
Situated on a high-traffic road with heavy foot traffic
Located in one of NYC’s most densely populated boroughs
Strong residential demand from a diverse, laundromat-reliant customer base
Excellent Accessibility
Close proximity to the LIE (I-495) for easy access in East Elmhurst
Major bus routes nearby
Walking distance to the M/R subway lines
Draws customers from Elmhurst, Maspeth, and surrounding neighborhoods
Turnkey, Absentee-Ready Operation
Currently a family-run business
Full payroll cost already factored into expenses to support absentee ownership
Buyer can step in without needing to be on-site daily
Smooth Transition Support
Current owner will stay on temporarily post-sale to train the new owner
Existing team available to help settle in incoming staff
Reduces ramp-up time and operational risk for the buyer
Seller Financing Available
70% Down ($225,000)
Remaining $100,000 financed by the seller
Demonstrates seller’s confidence in the business and lowers buyer’s upfront capital barrier
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $3,800.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
- Financing Options
- 70% Down ($225,000) Remaining $100,000 financed by the seller
Listing Info
- ID
- 2500477
- Listing Views
- 40
Listing ID: 2500477 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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