Absentee-Run Coin-Operated Laundromat & Drop-Off Dry Cleaners in Safe Downtown Manhattan Neighborhood. 8 years left on the lease (4% escalation) The landlord is willing to negotiate a brand new 10 year lease. 1,000 square feet Equipment manufactured 4 years ago, but in use for less than a year. 16 IPSO Washers (1 - 75 lbs., 2 - 55 lbs., 2 - 40 lbs., 2 - 30 lbs., and 9 - 18 lbs.). 16 Double-Stacked ADC Dryers.

Established a little over a year ago with Plenty of Upside! Still coming into its own. So far Self-Service accounts for 45% of sales, Wash & Fold 38%, Dry Cleaning 12%, and Soap sales 5%. 3 F/T employees share Wash & Fold responsibilities and 1 P/T takes care of Pick Up & Delivery. Open 7am-midnight 7 days/week.

Please contact the broker for further information at 1-877-735-5224.