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  • RE:  Absentee Commercial Laundry Service
  • Contact:  Ken Stein

Quick Facts

Asking Price: $900,000
Annual Revenue: $763,000
Net Profit: Not Disclosed
Cash Flow: $178,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 996951
Broker Reference #: 15888

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Business Overview:

Well-established Commercial Laundromat operating ABSENTEE in this high-density area of Westchester County. They have many long-term recurring commercial clients from a wide range of industries such as medical, hospitality, restaurants, senior living facilities, gyms-spas as well as their residential customers. Their trained staff runs the day-to-day operations while the owner spends less than 5 hours per week on payroll, scheduling and other administrative duties. This profitable business has so much potential that a more involved owner operator can leverage their excellent recurring clientele, technology and systems to propel the sales and profit. Their LOW rent is an added bonus. If you have been looking for a high-margin, essential service business, with recurring revenue, HUGE barriers of Entry, and minimal daily involvement from the owner as the business operates on AUTO PILOT, then your search is over. This business has it ALL!!! This sleeping giant earns $178,000 for an Absentee Owner. Please refer to listing #15888 when inquiring about this listing.

Contact the Seller:

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Reason for Selling:

Kindly ask the seller for more information.

Additional Details:

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

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