Cash Generating Coin Laundromat

New York, NY (New York County)

Cash Generating Coin Laundromat

Asking Price:$369,000

Cash Flow:$165,540

Gross Revenue:$424,200





Cash Generating Coin Laundromat

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Business Description

16 wash/14 dry, serving the community for 25 years, this consistent operation continues to produce high net income, revenue model split among commercial 150k, wf 134k and coin of 120k, absentee run with good staff in place, Hispanic customer base, owner operator can make well over 200k yearly, pay back your investment quickly, safe and secure neighborhood.

Detailed Information

1,200 sq ft, age of equipment 6 years, 10 years on lease, rent 5,280 monthly
Support & Training:
During transition
Reason for Selling:

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Eric Feldman

Business Listed By:
Eric Feldman

Feldman Brokerage and Consulting

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