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Forest Hills - Brand New Turnkey Laundromat – Completely Built Out & R

Queens, NY (Queens County)
Forest Hills - Brand New Turnkey Laundromat – Completely Built Out & R

Asking Price: $300,000

Cash Flow (SDE): $120,000

Gross Revenue: $120,000

EBITDA: $120,000

Rent: $5,000 per Month

Established: 2005

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Business Description
A rare opportunity to acquire a fully built, brand-new laundromat in the heart of Forest Hills. The entire facility has been newly constructed with all-new machines, counters, plumbing, electrical, and finishes. This is a true plug-and-play business no renovation, no downtime, and no additional investment needed.

Asking Price: $300,000
Furniture, Fixtures, & Equipment (FF&E): $250,000

Highlights:

Brand-new machines: 17 washers + 14 dryers
All-new counters, flooring, lighting, plumbing, and electrical
Card-system ready (no coin setup required)
Ideal layout for wash & fold and pickup/drop-off services
Located in a dense residential neighbourhood with strong laundry demand

Ideal Buyer

Operators looking for a brand-new laundromat with zero build-out requirements
Investors seeking a modern, low-maintenance business in a prime location
Buyers wanting immediate operations without construction delays

Ad#:2395920

Attached Documents
Laundry & CO Deck.pdf
Detailed Information
Location:
Queens, NY
Inventory:
$1,000
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
7/25/2040
Employees:
1
Facilities:
Brand-new machines: 17 washers + 14 dryers All-new counters, flooring, lighting, plumbing, and electrical Card-system ready (no coin setup required) Ideal layout for wash & fold and pickup/drop-off services Located in a dense residential neighbor hood with strong laundry demand
Competition:
Queens has strong laundry demand due to its dense, working-class and immigrant population. Forest Hills attracts middle-income families, students, and renters many without in-unit laundry. There's also a growing shift toward pickup/drop-off and wash & fold services, offering higher-margin potential beyond walk-ins.
Growth & Expansion:
Fully Built-Out Infrastructure: With venting, gas, and water lines already in place, the new owner avoids heavy upfront construction costs and can retool quickly. Card System Ready: Digital payment infrastructure opens the door for modern, unattended operations or app-based platforms. High Foot Traffic & Residential Density: Strong customer base potential from nearby apartments and condo buildings. Low Entry Cost: Just a $300,000 key fee makes it a low-barrier entry for entrepreneurs.
Financing:
No Financing
Support & Training:
Yes everything will be provided
Reason for Selling:
Owner has multiple business commitments and prefers to offload the project befor

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Business Listed By:
Jonathan yunason
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Business Listed By:
Jonathan yunason
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Ad#:2395920

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