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Thriving Absentee Run Manhattan Laundromat For Sale

Manhattan, New York, US
Asking Price:
$599,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$400,000
Cash Flow:
$150,000

HS Listing ID-68370


Absentee run, seasoned staff in place.

Located in a busy area with many renters requiring laundry needs.

Currently coin operated system, easily convertible to card system.

80% self serve
20% wash/fold

Equipment: Dexter installed 2017
26 washers
26 dryers

Washers
18x 30
5×40
3×50

Dryers stack express
24×30
2×50

Landlord to sign new lease with buyer 7500 per month.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$90,000 per annum

Business Operation

Management type:
This business has absentee ownership.
Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.