Absentee Laundromat-Fully Staffed & Great Location - Astoria, $149,000

Astoria, NY
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Asking Price:$149,000
Gross Revenue:$240,000
Cash Flow:$40,000
Rent:$4,400
BUSINESS DESCRIPTION

Established laundromat in business over 30 years in business with good potential.

Approx. 1500 - 1800 sq. ft. with backyard & basement. Rent of $4400 in great location with parking and apartment buildings. Very busy & high traffic street.

Landlord will write new 10 year lease.

Approx. 17 washers and 17 dryers (20-50 lbs.)with average of 15-20 years old.

Ideal opportunity to get into an established laundromat with lower start-up costs in a great location..

Currently, the store is run absentee with 5 employees offering self serve, wash & fold (retail & commercial) & pick up & delivery (PUD).

Build a vibrant wash & fold business as well as expand/build the pick up & delivery business.

Great opportunity to get into the laundromat business at this price with a full staff.


DETAILED INFORMATION
Location
Astoria, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
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John
M. Bedosky
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John M. Bedosky