Well-Established Laundromat, 73 Modern Machines.

Featured on BizBuySell.com . 23 viewed

Asking Price

$949,999

FOR SALE - ACTIVE

Detailed Information

Location

Bronx, NY (Bronx County)

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This thriving laundromat is conveniently nestled in a high foot traffic area near a prominent NYC subway station and surrounded by numerous residential buildings. Despite being owner-absentee, the business runs smoothly with just 1-2 weekly check-ins. The long-term lease offering 22 years with 3% yearly increments ensures stability for potential buyers. Equipped with 73 modern Speed Queen machines, including 35 washers and 38 dryers which are only 3 years old, the laundromat boasts a top-of-the-line card system for efficiency. The spacious 2,000 square foot layout with a full basement provides ample space for operations. With a small team of 3 dedicated employees, the business remains well-managed and customer-friendly. To learn more about this promising opportunity located in a prime spot with reliable income potential, interested parties must sign a confidentiality agreement to secure details regarding the exact location. Don't miss out on the chance to own a well-established laundromat

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Listed By:

Name : Christian Rodriguez

Phone Number : Show Phone number

Christian Rodriguez typically replies in about 7 minutes

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