Laundromat With Low Overhead For Sale
Location Bronx, New York, United States
Asking Price Range < $250K
Gross Revenues $182000
Net Profit / Cash Flow $68520
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Other business interests.
Description This is a long established Bronx laundromat for sale in an ideal location for this type of business. Present owners income from coin operations, wash-n-fold, dry cleaning, and product sales. New owners will find relatively low overhead, good lease terms, and steady income with potential to grow business with a small investment in exterior upgrade and advertising. Brand new hot water system recently installed. Machines are all in very good condition - 28 Laundry center washers (8 - 35lbs, 20 - 18 lbs) and 20 Dexter dryers. Motivated seller will offer financing terms to qualified buyers.
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