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Established Laundromat In Bronx For Sale

Bronx, New York, US
Asking Price:
$275,000 Furniture / Fixtures included
Sales Revenue:
$196,000
Cash Flow:
$100,000

HS Listing ID-39549

Located walking distance to multiple apartment buildings.

Seller financing available with 75% down.

39 machines (19 Launder Center Washers & 20 Dexter Dryers).

Wash and fold.

Pick Up and Delivery.

Low rent of $3400.

Hours of operation Mon-Sat 7 am-8 pm & Sun 8 am-6 pm.

Location has been a laundromat for 30 years.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

2 year with 5 year option.

Leasehold Rent:

$40,800 per annum

Premises Details:

39 machines (19 Launder Center Washers & 20 Dexter Dryers).

Business Operation

Expansion Potential:

Wash and fold. Pick Up and Delivery. Located walking distance to multiple apartment buildings.

Competition / Market:

Location has been a laundromat for 30 years.

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes. With 75% down.