Established Laundromat For Sale - 31998

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$375,000 $435,000

Services: Dry Cleaning & Laundry

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RE: Established Laundromat For Sale - 31998 Broker: Syed

Quick Facts

Asking Price: $375,000
Annual Revenue: $435,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 4
BBN Listing #: 56584447
Broker Reference #: 31998

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Business Overview:

This 20 years old laundromat is situated in an extremely busy area in Queens County . Seller owned it for 14 years. He wants to sell it as he is moving to another state. The business has 20 washers and 20 dryers; all are in an excellent condition. Seller has upgraded the interior and now the business gives a great look. An extremely busy area; very heavy foot traffic. It is a must-buy-laundromat for the laundromat buyers. It will be gone soon. Seller's net cash flow is over $130,000 a year.

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Reason for Selling:


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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