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Laundromat For Sale In Prime Queens Location

Queens, New York, US
Asking Price:
$649,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$420,000
Cash Flow:
$130,000

HS Listing ID-71130

FINANCIAL OVERVIEW

Gross Sales: ~$420,000

Net Income (SDE): ~$130,000

Rent: $8700/month (ALL IN)

Lease: Brand NEW 10-Year Lease to be assigned

BUSINESS DETAILS

64 Machines Total

34 Washers

34 Dryers

MACHINES ARE ~ 10 YEARS OLD

100% Card Operated

Prime high-traffic location

Established customer base

Huge upside with:

Extended hours

Wash & fold / delivery service

Stronger management + cost controls

WHY THIS DEAL?

Prime Queens location

Long-term lease security

Immediate value-add opportunity

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.