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Well-established Card Laundromat In Bronx For Sale

Bronx, New York, US
Asking Price:
$999,999 Furniture / Fixtures included
Sales Revenue:
$504,450
Cash Flow:
$170,850

HS Listing ID-40848

– Located in a heavy foot traffic area with a high population density

– Surrounded by thousands of residential apartments

– Owner is fully absentee, only stops by 1-2x a week

– 13 years remaining on the lease, 3% increases annually

– High Tech Card System, Speed Queen Machines

– 88 Machines (36W, 52D) – 6 years old

– 3,000 SQ FT Space

– 3 Employees

– Hours of Operation: 6 am – 12 am

– Current owner has owned this location since 2017

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$108,960 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.

Financing available:

N/A