$600k High Net, Card Laundromat In Prime Location For Sale

Bronx, NY
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Asking Price:$3,300,000
Gross Revenue:$1,089,600
Cash Flow:$591,900
Rent:$164,000/Year
BUSINESS DESCRIPTION

HS Listing ID-62848

– Situated on a main road in the Bronx, ensuring constant foot traffic.

– One of the biggest laundromats in the Bronx. Mainly self-service income.

– Surrounded by numerous residential apartment buildings, catering to a large and steady customer base.

– 20 year lease, offering long-term stability for the new owner.

– Open 24 hours.

– Spacious 4,000 SQ FT location providing ample room for folding areas, and customer seating.

– Equipped with 48 washers & 56 dryers, all top-of-the-line Speed Queen Card Machines that are only 2 years old.

– 4 Employees (3 FT & 1 PT).

– The current owner is fully-absentee, stopping by only once a week.

– Established & Operating successfully for 20 years, with a strong reputation in the community.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Bronx, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,000
Support & Training
Yes.
Reason for Selling
Other business interests.
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Christian
Rodriguez
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Christian Rodriguez