Absentee Laundromat For Sale In Queens
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Asking Price: $285,000
Net Profit: $6000 a month
Business Type: Laundromat
Ownership: Absentee
Employees: 1
Lease: 12 Years Remaining (2 years + 5-year option + 5-year option)
Rent: $2,700/month
Machine Count: 12 Machines
Business Overview
This absentee-owned laundromat offers a strong semi-passive income opportunity in a high-traffic area of Richmond Hill/Jamaica, Queens. With minimal staffing and streamlined daily operations, the business generates consistent monthly net profits between $6,000–$7,000.
The laundromat is operated by a single employee, and ownership is limited to occasional visits—making it an ideal acquisition for an investor seeking semi-absentee income with low overhead.
Key Highlights
Absentee Operation: Owner is not involved in day-to-day operations
Consistent Earnings: $6K–$7K monthly net profit
Favorable Lease: Long-term lease with 12 years remaining
Affordable Rent: $2,700/month in a prime neighborhood
Streamlined Staffing: Only one employee required to run the business
Machine Condition: Well-maintained, 12 total machines in working order
Location Advantage: Situated in a dense residential area with strong local demand
Growth Potential
Introduce wash & fold or pickup/delivery services
Increase marketing efforts and online visibility
Add vending machines or retail laundry products
Reason for Sale
Confidential—available upon request with NDA.
Ideal Buyer
This business is ideal for:
Investors seeking absentee or low-touch cash flow
First-time buyers looking for a manageable business
Operators seeking to scale an existing laundromat portfolio
