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Listed by:

Hedgestone Business Advisors

Absentee 20-year-established Laundromat In Brooklyn For Sale

Brooklyn, New York, US
Asking Price:
$200,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Absentee 20-Year-Established Laundromat in Brooklyn for Sale

Laundromat for Sale - Prime Location in Brooklyn
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Business Type: Laundromat
Location: Brooklyn, NY
Asking Price: $250,000
Annual Revenue: $400,000
Net $100,000

Business Overview:
After 20 years of successful operation, this highly profitable laundromat in Brooklyn is now available for sale. With a prime location in a bustling neighborhood, this card-operated laundromat has everything you need to continue the business’s legacy. The facility is modern, clean, and well-maintained, with a loyal customer base built over two decades.

Key Features:
Card-Operated Machines: All 12 washers and 12 dryers are card-operated, offering a cashless, convenient experience for customers.

State-of-the-Art Equipment: All washers and dryers have been regularly serviced and recently upgraded, ensuring reliability and energy efficiency.

High-Traffic Location: Situated in a high-foot-traffic area, surrounded by residential buildings, local businesses, and schools, ensuring a steady stream of customers.

Strong Customer Base: The laundromat has a loyal following and is known for its friendly service, quality machines, and clean environment.

Long-Term Lease: Secure 5-year lease with an option to renew, providing stability for future operations.

Low Overhead: With modern equipment, utility costs remain low, keeping operational expenses minimal and profits strong.

Well-Maintained Facility: The laundromat is kept clean and organized, with regular maintenance to ensure the best customer experience.

Additional Details:
Size: Approximately 1,000 sq. ft.

Equipment: Includes 12 card-operated washing machines and 12 dryers.

Rent: $5,000/month (includes water, sewer, and garbage disposal)

Staffing: Currently operated by 3 employees who handle customer service, machine maintenance, and day-to-day operations.

Opportunity for Growth: Potential to increase profits by adding wash-and-fold services, dry cleaning, or delivery options.

Property Information

Real Estate:

Lease

Lease Terms:

Secure 5-year lease with an option to renew, providing stability for future operations.
$5,000/month (includes water, sewer, and garbage disposal)

Location:

Brooklyn, NY (Kings County)

Premises Details:

Well-Maintained Facility: The laundromat is kept clean and organized, with regular maintenance to ensure the best customer experience.

Business Operation

Expansion Potential:

Potential to increase profits by adding wash-and-fold services, dry cleaning, or delivery options.

Employees:
Currently operated by 3 employees who handle customer service, machine maintenance, and day-to-day operations.
Years established:
20 Years

Listed by

Hedgestone Business Advisors