Laundromat Card System

Bronx County, NY

Laundromat Card System
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Asking Price: $1,100,000

Cash Flow: $203,849

Gross Revenue: $462,758


FF&E: $300,000

Inventory: N/A

Established: 2013

Laundromat Card System

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Business Description

Card system state-of-the-art Laundromat built new 4 years ago. 42 washers, 46 dryers, all equipment is Electrolux the most sophisticated equipment out there. 18 year lease. Street parking as well as parking lot for 8 spots dedicated to the Laundromat. Financing available through bank requires 35% down. Laundromat is run completely absentee. 84% self-service, 8% wash & fold ,7% soap sales, 1% vending. This is not your typical New York landlord he is a pleasure to work with!!!! Must show proof of funds prior to receiving the address. Call Doug to take a tour won't last

Detailed Information

5 employees
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Long term lease available 18+ years, all equipment is 4 years old, 3,400 sq. ft.
There is competition in the area
Growth & Expansion:
Owner operator can implement different services
Support & Training:
Seller will train buyer
Reason for Selling:
Other business opportunity
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(from currently available funds)
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Business Listed By:

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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