Laundromat Card System

Bronx, NY
Bronx County

Asking Price: Annual Revenue:
$1,100,000 $462,758

Services: Dry Cleaning & Laundry

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RE: Laundromat Card System Broker: Douglas Bodner
Owner Financing is Available!
Bank financing available.

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $462,758
Net Profit: Not Disclosed
Cash Flow: $203,849
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 4 years
Employees: 5
BBN Listing #: 54972979
Broker Reference #: 6095DB

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Business Overview:

Card system state-of-the-art Laundromat built new 4 years ago. 42 washers, 46 dryers, all equipment is Electrolux the most sophisticated equipment out there. 18 year lease. Street parking as well as parking lot for 8 spots dedicated to the Laundromat. Financing available through bank requires 35% down. Laundromat is run completely absentee. 84% self-service, 8% wash & fold ,7% soap sales, 1% vending. This is not your typical New York landlord he is a pleasure to work with! Must show proof of funds prior to receiving the address. Contact Doug or email us to take a tour won't last.

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Property Features and Assets:

Long term lease available 18+ years, all equipment is 4 years old, 3,400 square feet.

Market Competition and Expansion:

There is competition in the area. Owner operator can implement different services.

Reason for Selling:

Other business opportunity.

Additional Details:

  • The property is owned.
  • 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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