Price Drop! Large Bronx Laundromat

Bronx, NY
Bronx County

Asking Price: Annual Revenue:
$279,000 $558,007

Services: Dry Cleaning & Laundry

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RE: Price Drop! Large Bronx Laundromat Broker: Seller of Business
Owner Financing is Available!

Quick Facts

Asking Price: $279,000
Annual Revenue: $558,007
Net Profit: Not Disclosed
Cash Flow: $70,968
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 7
BBN Listing #: 212835879
Broker Reference #: 6842-308941

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Business Overview:

Price Drop! Large Bronx Laundromat in Great Neighborhood

Call now because this one will sell quickly.

This card-operated laundromat in the Bronx is the perfect opportunity for an owner-operator. It features more than 100 Speed Queen washers and dryers for self-service and wash & fold services. They have a variety of machines including 20lb, 30lb, 40lb, 60lb and 80lb. Dry cleaning is available, and they offer drop-off, pickup and delivery, in person, online through their website and with the app. Wifi is provided for customers and safety is ensured thorough cleaning and disinfecting. They offer a wide selection of laundry products. Commercial Laundry & Linen Cleaning Service for Hotels, Airbnb, Schools and more also are available. The current owner has made a number of improvements in the facility since taking over. Machines have been repaired, electrical service was upgraded, LED lighting was installed, and other capital improvements were made totaling approximately $50,000.

Lease: Rent is $15,000/mo. plus RE taxes & water (water approx. $3,000/mo.). 14 years remain on the 15-year lease. Lease expires December 31, 2035.

Business Hours: Monday-Sunday 7am-10pm. Employees: Full-time – 2. Part-time - 5

Transaction Structure: Asset sale. Asking price is $350,000. Seller financing may be available to qualified buyers.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other business interests.

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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