Richmond County, NY Laundromat For Sale-28353

Richmond County, NY
Richmond County

Asking Price: Annual Revenue:
$65,000 $175,800

Services: Dry Cleaning & Laundry

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RE: Richmond County, NY Laundromat For Sale-28353 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $65,000
Annual Revenue: $175,800
Net Profit: Not Disclosed
Cash Flow: $40,300
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 2
BBN Listing #: 87134447
Broker Reference #: 28353

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Business Overview:

Great Staten Island Laundromat. Located within a densely populated neighborhood of Staten Island, this location is surrounded by apartment buildings in a busy commercial district. There is a strong need for this facility. This is the premier Laundromat in the neighborhood. The sale includes 19 Speed Queen Washers and 10 New Dryers - double stacked (only 7 months old). Turnkey operation. This business is all about LOCATION-LOCATION-LOCATION. This is a 7 day - 12 hour per day operation. After 3 years, the rent goes up from $3,650/month to $4,800/month for a 6 year extension. In the past year gross sales were approximately $175,800.00 with a net income of approximately $47,300.00. We are seeking serious and financially qualified buyers with at least $145,000 in liquid funds. If you meet the criteria, please contact for further information.

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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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