Absentee Laundromat with 118 Machines

Brooklyn, NY
Kings County

Asking Price: Annual Revenue:
$579,000 $430,000

Services: Dry Cleaning & Laundry

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RE: Absentee Laundromat with 118 Machines Broker: Ken Stein

Quick Facts

Asking Price: $579,000
Annual Revenue: $430,000
Net Profit: Not Disclosed
Cash Flow: $145,000
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 15684701
Broker Reference #: 14244

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Business Overview:

This Laundromat that has it ALL… Great Location, Operates Absentee, 118 Machines, Wash and Fold Service. All the equipment is in excellent condition with an inviting layout in its 5,000 square feet. The business is impressive and is well maintained with a sparkling appearance and the equipment is of high quality and in great condition. Operates 7 days per week from 7 AM to 11 PM. The laundromat has 58 Speed Queen Washers and 60 Speed Queen Dryers. The business benefits from additional income sources such as , vending and video game machines and ATM. There is tremendous potential to expand the business as there are lots of residential apartments nearby. They currently are not offering any delivery service. This sleeping giant earns $145,000+ for an Absentee Owner. Please refer to listing #14244 when inquiring about this listing.

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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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