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Established Laundromat
Location: United States -> New York -> Richmond County
Industry: Business Services > Laundry

Business Summary

Established in 1978, the seller has owned this modernized, clean and spacious laundromat in Staten Island for the last 13 years. The 20 washers and 20 dryers are all less than a year old. They are ultra-efficient on energy and water.The washers consist of 1 - 80 lbs. load Wascomat, 3 - 60 lbs. ADC, 7 - 45 lbs. ADC, and 9 - 25 lbs. ADC. The dryers are all 45 lbs. double-stacked ADCs. The state-of-the-art vending machine dispenses soft drinks, detergents and softeners. This business continues to see strong growth in all of its lines: coin self-service, wash & fold, and drop-off dry cleaning. It's hours recently expanded to meet increasing demand. Please be prepared to make your best offer, as this one is going to sell quickly. Do be very discreet when visiting the location, as the employees and customers do not know it is for sale. Kindly then contact listing broker Jay Goldman should you have any questions and would like to make an appointment to meet with the owner. Please call 1-877-735-5224 for further information.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $400,000
Cash Flow:   $253,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2005
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Other interests.


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Established Laundromat Photo 1 Established Laundromat Photo 2 Established Laundromat Photo 3

Print Listing Id: 700260754
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