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High Net, Absentee Card Laundromat Heavy Traffic Location In Bronx For Sale

Bronx, New York, US
Asking Price:
$1,399,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$601,971
Cash Flow:
$254,079


- Located directly next to multiple apartment buildings in a high foot traffic, high population density on the same block as a major NYC subway station.

- Owner is fully absentee, only stops by 1-2x a week

- 12 years remaining on the lease - 3% increases annually

- High Tech Card System, Electrolux Machines

- 61 Machines (37W, 24D) - 3 years old

- 3,500 SQ FT Space

- 4 employees

- 24 Hour Laundromat

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$106,632 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.

Financing available:

N/A