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Established Laundromat In Yonkers For Sale

Yonkers, New York, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$155,904
Cash Flow:
Not applicable

HS Listing ID-62745

Situated in a popular shopping center on a busy street, ensuring high foot traffic and excellent visibility.

Long-term Lease: Secure a 9-year lease with an additional 5-year option.

Ample Space: 840 square feet with a full, large basement, providing ample room for operations and storage.

Brand New Machines: 34 Huebsch machines installed in 2023 (18W & 16D) with High Tech Card System.

Upgraded Infrastructure: Includes an upgraded plumbing system and a new boiler, ensuring reliable and efficient operation.

Staffing: Fully attended with 3 employees.

Established as a laundromat for 20 years, closed in 2018, and recently reopened in November 2023.

Currently offers Wash & Fold services for limited hours; the new owner has the opportunity to extend these hours.

Service Expansion: Potential to increase revenue by introducing Pick-Up & Delivery services. Leading POS for Pickup and Delivery service is already in place but has not yet been utilized for this purpose.

Hours of Operation: 7 am – 12 am (Monday – Sunday).

Gross Revenue: $155,904

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$52,074 per annum