Absentee-Owned Laundromat In Brooklyn -(BRAND NEW MACHINES)
Turnkey Laundromat Opportunity – Fully Renovated & Absentee-Owned In Brooklyn
IF YOU ARE LOOKING FOR LOANS TO FINANCE BUSINESSES, PLEASE FEEL FREE TO REACH OUT TO ME DIRECTLY – UP TO $500,000 NO COLLETERAL OR NO DOWNPAYMENT
Asking Price: $115,000(negotiable) + Loan
Reason for Sale: Absentee Owner (Out of State)
Business Status: Opened 2 Months Ago
Buyer must take over the loan! Seller won’t sell without it!
$3000 a month net - after paying everything off
8 year old financing metropolitan + warranty on the machines brand new machines
Business Highlights
Recent Renovation:
Full interior renovation completed following a 5-month closure.
All equipment and interior fixtures are brand new and under warranty.
High-Quality Equipment:
20 new Huebsch washers (under warranty)
4 new Speed Queen dryers (under warranty)
18 additional Huebsch dryers (2016 models, excellent condition)
Staffing:
4 employees in place (2 full-time, 2 part-time)
Business operates with absentee ownership; the current owner resides in California. - Reason for sale
Strong Lease Terms:
15-year lease at $4,000/month
Fixed rent for 2 years; annual increases of only $100 thereafter
1,500 sq. ft. facility with additional basement space
Current Expenses:
Payroll: $1,600/week
Electric: $900/month
Water & gas expenses still pending – to be confirmed with seller
Financing Details:
Equipment loan balance: $194,000
Buyer to assume loan
Monthly payment: $2,800
Revenue & Growth Potential:
Weekly gross revenue: $3,000–$4,000 (within 2 months of reopening)
Net profit $ 8000- $10,000
Coin-operated model with strong early customer adoption
Growing customer base with room for expansion and local marketing
