Turnkey Laundromat in Prime Jamaica, Queens (GREAT AREA)
Turnkey Laundromat in Prime Queens Location
NO SBA
NO SELELR FINANCING
Please note this location is very cash heavy business and buyers will have to do hands on due diligence!
Business Overview
This well-established, fully operational laundromat is located in a high-traffic, densely populated area of Jamaica, Queens. With consistent monthly revenue, minimal overhead, and a long-term lease in place, this opportunity is ideal for an owner-operator seeking dependable income or an investor looking for a cash-flowing asset in a vibrant neighborhood.
The business is 100% owner-operated by a husband-and-wife team and has built a strong reputation in the community. With no employees and all operations handled by the owners, it's a lean, efficient operation with significant potential for growth—particularly through the addition of delivery and digital payment services.
Key Business Details
Total Machines: 56
28 Washers: 8 Ipso, 20 Dexter
28 Dexter Dryers
Dexter machines are approx. 12 years old
Gross Monthly Revenue: ~$30,000
Net Monthly Profit: ~$18,000
Annual Net Income: ~$216,000
Services Offered:
Self-service laundry
Wash & fold: $1.30/lb (8 lb minimum)
Payment Methods:
Cash only (no credit cards)
ATM on site (rented)
Operating Hours: Daily, 7:30 AM – 9:00 PM
Employees: None – owner-operated
Lease & Location
Rent: ~$4,600/month (includes taxes & CAM)
Lease Term: 14 years remaining
Annual Increases: 3%
Location Highlights:
Situated in a busy commercial corridor
Strong foot traffic and dense residential surroundings
Excellent neighborhood reputation and repeat clientele
Investment Highlights
? Turnkey operation – walk in and start earning
? Strong monthly cash flow – ~$18K/month
? No employees – low overhead
? Long lease – 14 years of stability
? High-demand services – opportunity to add pickup/delivery and card or app-based payments
Next Steps
This is a confidential listing for a highly profitable laundromat in a thriving Queens neighborhood. Ideal for both first-time buyers and seasoned operators. Financials and lease documents available upon request for qualified buyers.
