Business For Sale

Community Laundromat - 30652

Nassau County, NY
Nassau County

Asking Price: Annual Revenue:
$100,000 $80,000

Services: Dry Cleaning & Laundry

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RE: Community Laundromat - 30652 Broker: Howard Nevins

Quick Facts

Asking Price: $100,000
Annual Revenue: $80,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 62854447
Broker Reference #: 30652

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Business Overview:

Community laundromat for sale. The two owners are ready to retire after 20 years and are looking to hand over this location to the next individual or family that wants to own and operate this business. There is a total of 25 Wascomat Gen 5 Washers these are the workhorse series of washers and have been meticulously maintained by the owners. The breakdown of washers is as follows: 50 lbs. x 2, 35 lbs. x 6, 25 lbs. x 5 and 18 lbs. x 12. Accompanying the washers are 24 dryers, all 30 lbs. The two owners have built up a very loyal customer base over the past 20 years and will help to make sure all introductions are made to ensure a smooth transition. 45% of the revenue is generated by coin-op and drop off, while 60% of the revenue is generated by pick up & deliver. There are several commercial accounts with spas, to do their sheets and towels. The location also does ironing that the customers really appreciate. If you are looking to own and operate a laundromat, this is great location to do so. You will need to make upgrades and start some basic marketing, but this place is poised to grow. The landlord is willing to sign a new lease and terms can be discussed at the appropriate time. We are seeking a serious and financially qualified buyer with at least $100K in liquid funds to cover the asking price and inventory. Please contact the broker or email us.

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Additional Details:

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

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