Turn-Key Newly Renovated Bronx Laundromat:
• Modern, well-maintained laundromat located inside a NYC housing residential complex, delivering strong, consistent earnings supported by super low overhead, new equipment, and a large facility footprint. The store benefits from a steady built-in customer base and reliable daily usage.
Strong Financial Performance:
• Produces approximately $31,000 in monthly net profit, supporting ~$370,000 annualized. Revenue is consistent, diversified across self-service, wash & fold, soap sales, and ancillary income sources.
Semi-Absentee Ownership:
• Owner manages remotely while a trained team of 2 full-time and 2 part-time employees handle all daily operations, including opening/closing, customer service, wash & fold production, cleaning, and store oversight.
Equipment & Facility:
• All equipment is Fagor, brand new (1.5 years old) & under warranty
• 71 total machines - 35 Washers, 36 Dryers
• Card System Machines - Laundryworks for Self-Service. For W&F they use Cents.
• Large 6,300 sq ft facility, including 3,500 sq ft of unused space suitable for WDF expansion, commercial laundry volume, storage, or additional equipment.
Lease Terms:
• NYCHA commercial lease with exceptional lease terms
• $3,891/month rent
• $567/month fixed water every month
• No CAM charges
This structure is significantly more affordable than typical laundromat leases in the Bronx and supports strong profitability.
Location & Market:
• Situated within a dense residential community, driving consistent daily traffic. NYCHA placement provides a stable, built-in customer base with minimal direct competition inside the complex. Reliable foot traffic and strong demand for both self-service and WDF.
Growth Opportunities:
• Launch pickup and delivery service
• Expand wash & fold into the unused 3,500 sq ft space
• Pursue commercial contracts (salons, fitness centers, daycares, senior homes, etc.)
• Add retail items, vending, or ATM upgrades
• Increase marketing, signage, and digital customer engagement
Financing:
• No seller financing offered
• Traditional laundromat lenders available, buyer would need 35-40% down
Landlord Requirements:
• Seller must have $100,000 in liquidity to be approved by landlord
Reason for Sale:
• Partnership issues.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2447128
