$600k High Net, Card Laundromat In Prime Location For Sale
Asking Price: | $3,300,000 |
Gross Revenue: | $1,089,600 |
Cash Flow: | $591,900 |
Rent: | $164,000/Year |
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