Profitable Laundromat in Queens County, New York

Featured on BizBuySell.com . 26 viewed

Asking Price

$850,000

FOR SALE - ACTIVE

Detailed Information

Location

Nassau County, NY

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

A well-established laundromat in Queens County, New York, has been in operation for over 25 years. The business is highly profitable and can be run almost completely on auto-pilot, making it easy to operate. With a large laundry center spanning 2,000 square feet, the store is well-maintained with high-quality equipment and ample parking. The location presents significant growth opportunities with potential to expand services such as commercial laundry accounts and pick-up/delivery. This laundromat is a lucrative investment with impressive profits and a nearly absentee ownership model, making it an attractive opportunity for entrepreneurs. The business has strong financials and is situated in a prime neighborhood with a mix of commercial businesses and residential apartments nearby. The store is equipped to handle large-scale laundry needs and offers convenience through its pick-up and delivery services. With excellent records and a sparkling appearance, this business offers a turnkey operation for prospective buyers. For interested parties, this laundromat presents a rare chance

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Listed By:

Name : Ken Stein/Kensington Company

Phone Number : Show Phone number

Ken Stein/Kensington Company typically replies in about 7 minutes

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