Laundromat Card System

Bronx, New York

  • Asking Price: $1,100,000
  • Gross Income: $462,758
  • Cash Flow: $203,849
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $300,000
  • Listing ID: #203497
  • Established: 4
  • Employees: 5

Business Description

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. Call Doug to take a tour won't last

Business Details

Primary Business Category: Services - Other Services
Location: New York
Metropolitan Area: Bronx

Company Information

Year Established: 4
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $1,100,000
Gross Revenue: $462,758
Cash Flow: $203,849
FF&E: $300,000
Seller Financing Available: Yes

Property Information


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

Growth & expansion opportunities:

Owner operator can implement different services


There is competition in the area

Reason for selling:

Other business opportunity

Support & Training:

Seller will train buyer

Contact Business Seller

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Business Listed By:

Douglas Bodner

Executive Business Brokers