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Business For Sale

NYC Uptown Laundromat

New York County, NY

Services: Dry Cleaning & Laundry

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$450,000
$384,800
Not Disclosed
$144,280
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1986
0
2962979

Business Overview:

Located in NYC Laundromat in extremely safe upper west side area of Manhattan. Over populated with many apartment buildings. This Laundromat is run completely absentee. This is a downfall as it needs an owner operator to bring it to the next level. Laundromat although tight can use more help. 33 machines, 19 washers, 14 dryers all coin operated Huebsch. Open 7:00am to 10:00pm daily. Can stay open 24 hours. 11 year NYC lease rare. Offers dry cleaning service.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

1,000 sq.ft. of activity. Street parking, good lease for NYC 11 years. 33 Huebsch machines. Busy at all times.

Market Competition and Expansion:

Expansion- Possibility of purchasing building and opening for 24 hours. It would do business during this time. Competition- In Manhattan you can find at least one Laundromat on every square block. This square has one and this is the one.

Reason for Selling:

Owner selling off all his Laundromats

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: