HS Listing ID-71935
Newly Renovated Upper East Side Laundromat For Sale (Asset Sale, No SBA or Seller Financing)
Business Highlights
Established wash and fold and pickup and delivery laundry business located on Manhattan’s Upper East Side
Current ownership has invested more than $200,000 into renovating, modernizing, and expanding the business
Extensive improvements include interior and exterior painting, a new drop ceiling, two new commercial HVAC units, a new electric security gate with keypad access, and numerous operational upgrades
Equipped with 16 brand new Electrolux commercial washers and dryers.
Lease has approximately 8 to 9 years remaining, plus a 5 year renewal option.
Fully integrated CleanCloud POS and management platform provides customer management, online ordering, route optimization, automated notifications, and detailed reporting
Offers same day and next day wash and fold services
Established pickup and delivery operation servicing all five boroughs of New York City, with dedicated local delivery throughout the Upper East Side
Recently introduced a wash, dry, and fold drop off service, creating an additional recurring revenue opportunity
Membership program with multiple subscription tiers generating recurring customer revenue
Successfully obtained a New York City Commercial Laundry License, allowing the business to pursue larger commercial accounts
Approximately 9 experienced employees currently operate the business and are expected to remain following the sale, providing a smooth transition for new ownership
No SBA financing or seller financing available
Growth Opportunities
Expand commercial laundry contracts with hotels, gyms, salons, spas, medical offices, restaurants, residential buildings, and hospitality businesses
Continue growing pickup and delivery routes throughout Manhattan and the surrounding boroughs
Increase recurring membership subscriptions through targeted marketing and customer retention initiatives
Further leverage the CleanCloud platform to automate operations, optimize delivery routes, improve customer retention, and increase operational efficiency
Capitalize on the dense Upper East Side residential market, where many apartment buildings lack in unit laundry, creating continued demand for wash and fold, pickup and delivery, and drop off services
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
