Turn-Key Newly Renovated Bronx Laundromat:
Modern, well-maintained laundromat located inside a NYC housing residential complex, delivering strong, consistent earnings supported by super low overhead, new equipment, and a large facility footprint. The store benefits from a steady built-in customer base and reliable daily usage.
Strong Financial Performance:
Produces approximately $31,000 in monthly net profit, supporting ~$370,000 annualized. Revenue is consistent, diversified across self-service, wash & fold, soap sales, and ancillary income sources.
Semi-Absentee Ownership:
Owner manages remotely while a trained team of 2 full-time and 2 part-time employees handle all daily operations, including opening/closing, customer service, wash & fold production, cleaning, and store oversight.
Equipment And Facility:
All equipment is Fagor, brand new (1.5 years old) & under warranty
71 total machines – 35 Washers, 36 Dryers
Card System Machines – Laundryworks for Self-Service. For W&F they use Cents.
Large 6,300 sq ft facility, including 3,500 sq ft of unused space suitable for WDF expansion, commercial laundry volume, storage, or additional equipment.
Lease Terms:
NYCHA commercial lease with 15 year exceptional lease terms
$3,891/month rent
$567/month fixed water every month
No CAM charges
This structure is significantly more affordable than typical laundromat leases in the Bronx and supports strong profitability.
Location And Market:
Situated within a dense residential community, driving consistent daily traffic. NYCHA placement provides a stable, built-in customer base with minimal direct competition inside the complex. Reliable foot traffic and strong demand for both self-service and WDF.
Growth Opportunities:
Launch pickup and delivery service
Expand wash and fold into the unused 3,500 sq ft space
Pursue commercial contracts (salons, fitness centers, daycares, senior homes, etc.)
Add retail items, vending, or ATM upgrades
Increase marketing, signage, and digital customer engagement
Financing:
No seller financing offered
Traditional laundromat lenders available, buyer would need 35-40% down
Landlord Requirements:
Seller must have $100,000 in liquidity to be approved by landlord
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
