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Modern Card-Operated Park Slope Laundromat With Newer-Equipment And Long-Term-Lease For Sale

Brooklyn, New York, US
Asking Price:
$799,000 Furniture / Fixtures included
Sales Revenue:
$467,000
Cash Flow:
$156,000

HS Listing ID-73086


Asking Price: $799,000
Annualized Revenue: approx. $467,000
Annualized Net Income: approx. $156,000
Net Margin: approx. 33%
Monthly Rent: approx. $8,500

Lease Remaining: approx. 15–20 years
Card-operated laundromat
Newer / modern equipment

Revenue increased approx. 22% during the April–August period reviewed

Prime Park Slope location with strong residential density and recurring neighborhood demand

Established operation with existing customer base and installed infrastructure

Growth opportunities: ATM, detergent/soap sales, vending, wash & fold, pickup/delivery, commercial accounts and pricing optimization

Equipment financing: approx. $207,000 outstanding, subject to final payoff/assumption structure

Current financial figures are based on 5 months of seller-provided results annualized, so full TTM financials are still being collected

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

Lease Remaining: approx. 15–20 years

Leasehold Rent:

$102,000 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.