Turnkey Cashless Laundromat Located On A High-Traffic Manhattan Corner

Asking Price$590,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$338,000

InventoryNot Disclosed

FF&ENot Disclosed

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Turnkey Cashless Laundromat Located On A High-Traffic Manhattan Corner


Asking Price$590,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$338,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
HS Listing ID-69384

Turnkey, cashless laundromat located on a high-traffic corner in Manhattan. The business has been operating for approximately one year and continues to show steady month-over-month growth. Revenue is evenly split between self-service laundry (50%) and wash & fold with pickup and delivery (50%).

Delivery service is intentionally capped at a five-block radius to maintain operational efficiency and control labor and logistics costs.

Financials (Seller Stated)

Average Weekly Gross: ~$6,500–$7,000

Annual Net Take-Home: ~$120,000

Operations

Fully cashless (cards & Apple Pay only)

Staffed by two employees; owner assists occasionally

Predictable staffing model due to limited delivery radius

Suitable for owner-operator or semi-absentee buyer

Monthly Expenses (Approx.)

Payroll: ~$5,600

Utilities (Water & Electric): ~$5,000

Rent: $14,400/month (includes property taxes)

Lease

Long-term lease in place

Approximately 14 years remaining

Equipment

40 Dexter card-operated machines (purchased refurbished)

Washers: 18 total

Dryers: 22 total
(Approximately 10 years old)

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
Owned or Leased
Leased
Rent
$14,400.00 per month
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Listing Info
ID
2463720
Listing Views
19

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Business Listed by: Nawbab Khan Hedgestone Business Advisors

Listing ID: 2463720 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.