Laundromat with 122 Machines in Brooklyn

Brooklyn, NY (Kings County)

Laundromat with 122 Machines in Brooklyn
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Asking Price: $1,100,000

Cash Flow: $270,000

Gross Revenue: $540,000

EBITDA: N/A

FF&E: $875,000

Inventory: N/A

Established: 2007

Laundromat with 122 Machines in Brooklyn

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Business Description

This Laundromat that has it ALL… Long established (10 years) with wash and fold service and dry cleaning drop off, and located in a great Brooklyn location. All the equipment is in excellent condition, card system, state-of-the-art laundromat. The store is a large 6,000 square feet with street parking as well as parking for 5 spots dedicated to the Laundromat. The business is impressive as it is well maintained with a sparkling appearance and all equipment is of high quality and in great condition. Operates 7 days per week from 6 AM to 10 PM. This Laundromat has an excellent long term lease. The laundromat has 60 Wasco washers and 62 Wasco dryers. The business benefits from additional income sources such as vending machines and dry cleaning. There is tremendous potential to expand the business as there are lots of commercial businesses in the area as well as many residential apartments nearby. They currently are not offering any delivery service. This sleeping giant earns $270,000+ for the Owner. Please refer to listing #13574 when inquiring about this listing.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Ken Stein

Business Listed By:
Ken Stein/Kensington Company

The Kensington Company

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