Rare Long Island Turn-Key Laundromat with Parking For Sale - Absentee
Business Description
• Prime Roadside Visibility: Located on a main road with strong exposure and consistent customer flow.
• Revenue Diversity: Strong mix of self-service & wash & fold; vending and soap sales add additional margin.
• Absentee Friendly: Payroll structure supports absentee ownership.
• Years Established: Established in 2016.
• Secure Lease: 15 year lease; ends in 2040.
• Equipment: 105 machines, Dexter 200G washers, 9 years old, with recent replacements and upgrades (new hoses, bearings, VTM system, and card readers).
• Payment Systems: LaundryWorks system for self-serve customers and wash and fold is recorded by hand.
• Spacious Layout: Includes basement for added storage and utility space.
• Staff in Place: 4 employees covering operating hours (24 hours).
• Operating Hours: 7 days/week, Mon–Sun. (24hrs/day)
• Established Market: Serves a growing local customer base with dense residential housing and stable middle-income demographics. The area features strong family presence and consistent demand for laundry services, ensuring ongoing utilization.
• Growth Potential: Significant value can be added by launching pick-up and delivery services. This location is perfectly positioned for that expansion, with high residential density and reliable access.
• Parking: Dedicated parking on-site.
• Reason for Sale: Laundromat is too far for owner to manage.
• Revenue Diversity: Strong mix of self-service & wash & fold; vending and soap sales add additional margin.
• Absentee Friendly: Payroll structure supports absentee ownership.
• Years Established: Established in 2016.
• Secure Lease: 15 year lease; ends in 2040.
• Equipment: 105 machines, Dexter 200G washers, 9 years old, with recent replacements and upgrades (new hoses, bearings, VTM system, and card readers).
• Payment Systems: LaundryWorks system for self-serve customers and wash and fold is recorded by hand.
• Spacious Layout: Includes basement for added storage and utility space.
• Staff in Place: 4 employees covering operating hours (24 hours).
• Operating Hours: 7 days/week, Mon–Sun. (24hrs/day)
• Established Market: Serves a growing local customer base with dense residential housing and stable middle-income demographics. The area features strong family presence and consistent demand for laundry services, ensuring ongoing utilization.
• Growth Potential: Significant value can be added by launching pick-up and delivery services. This location is perfectly positioned for that expansion, with high residential density and reliable access.
• Parking: Dedicated parking on-site.
• Reason for Sale: Laundromat is too far for owner to manage.
About the Business
- Years in Operation
- 9
- Facilities & Assets
- 105 machines, Dexter 200G washers, 9 years old, with recent replacements and upgrades (new hoses, bearings, VTM system, and card readers).
- Market Outlook / Competition
- Serves a growing local customer base with dense residential housing and stable middle-income demographics
- Opportunities for Growth
- Secure Lease: 15 year lease; ends in 2040.
Significant value can be added by launching pick-up and delivery services. This location is perfectly positioned for that expansion, with high residential density and reliable access.
Real Estate
- Owned or Leased
- Leased
- Rent
- $10,000.00 per month
About the Sale
- Seller Motivation
- Too far for owner to manage.
Listing Info
- ID
- 2414259
- Listing Views
- 155
Listing ID: 2414259 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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