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Profitable Turnkey 8,000 SF 147-machine Laundromat For Sale

Bronx, New York, US
Asking Price:
$700,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$480,000
Cash Flow:
$162,000

8,000 SF laundromat, the largest in the immediate neighborhood, featuring 147 Dexter card-operated machines, including 67 washers across five size categories and 80 dryers in two size categories; machines are approximately 11 years old and well maintained.

High-volume, low-cost operator and the cheapest laundromat in the surrounding residential area, with the location operating as a laundromat for over 30 years, supporting long-term customer loyalty and stability.

Prime Bronx location just 20 minutes from Manhattan, offering strong upside potential to secure hotel, hospitality, and commercial laundry contracts.

Multiple revenue expansion opportunities, including pickup & delivery services, vending income, and dry cleaning operations.

Three flexible rental spaces with an estimated income potential of approximately $3,500 per month, suitable for dry cleaning, nail salon, or Amazon last-mile delivery use.

Long-term lease security with approximately 9 years remaining, and a landlord willing to offer a new 20-year lease, providing long-term operational stability.

Large free public street parking, a major convenience advantage that supports high customer volume.

Customer restroom on-site, enhancing customer comfort, dwell time, and overall experience.

Total Annual Gross: $480,000, which includes:

Self-Service Laundry Revenue: $30,000 / month

Wash & Fold Service Revenue: $5,000 / month

Laundry Supplies Sales: $5,000 / month

Total Gross Monthly Income: $40,000 / month

Total Annual Net: $162,000

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$94,000 per annum

Size in square feet:
8,000

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.