• Modern, High-Performing Laundromat: Established in late 2021 this is a recently built, high-volume laundry business. Fully equipped with Wascomat commercial-grade washers and dryers and a CCI system.
• Strong Financial Performance: Generates approximately $8,950 per week in sales ($38,800/month, $465,788/year). Produces $139,832 of net income (30% profit margin). Consistent weekly revenue and clean, verifiable sales reports.
• Semi-Absentee Ownership: Owner manages remotely while three reliable employees handle daily operations, including opening, closing, wash & fold, and customer service.
• Ideal for investors seeking a semi-absentee or hands-off business.
• Equipment & Facility: 30 Wascomat washers (20–60 lb. capacity) & 36 Dryers. All machines installed new in 2021.
• Massive Full Basement for supplies and mechanical access.
• On-site parking for customer convenience.
• National retailers located in same complex.
• Lease Terms: Assignable lease with 7.5 years remaining plus (2) five-year renewal options – extends through April 30, 2043.
• Landlord approval required for assignment.
• Location & Market: Serves a dense residential community with consistent weekly usage. Situated in a convenient, high-demand area of Nassau County with steady year-round demand.
• Growth Opportunities: Add pickup and delivery services for local residents and commercial clients.
• Increase marketing and social media presence to attract new customers.
• Pursue commercial laundry contracts (salons, gyms, medical offices, etc.).
• Financing: No seller financing offered.
• Laundromat lender financing available – buyer should expect 35–40% down or all-cash purchase.
• Does NOT qualify for SBA.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2510195
