The Best Laundromat In Westchester
Location Westchester County, New York, United States
Asking Price Range $500K - $1.0M
Gross Revenues $487500
Net Profit / Cash Flow $176431
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description If you are looking for a great Laundromat in Westchester, this is the one that you will buy. There is no better Laundromat then this one. Customers consist of walk-ins from nearby apartments and condos. Other residents who park in the spacious 30 car lot, put the wash in the machines and then proceed to the huge shopping center across the street. The owner has implemented an internet security system that allows him to monitor the Laundromat from anywhere in the world. 60% of the revenue comes from the coin operated washing machines, 25% from the wash and fold, 5% from the drop store dry cleaning, and 10% from lotto, ATM, Video Games, Soda/Snack Machines, prepaid phone cards, and metro cards. They are adding bill pay service next month. The Laundromat features 38 Wascomat washing machines and 42 double stack ADC Dryers. All machines are less than 10 years old. It has 5 TV's, 22 carts, 5 folding tables and 2 double change machines. In addition, 6-9 months ago, they started a pickup and delivery service. The van is included in the sale of the Laundromat. Contact for more information on this laundromat for sale.
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