Bronx Laundromat With Property Included For Sale

Bronx, NY
listing image
Asking Price:$1,950,000
Gross Revenue:$338,000
Cash Flow:$262,000
BUSINESS DESCRIPTION

HS LISTING ID-63634

Laundromat Gross Sales: $338,000 annually, averaging $6,500 weekly

• Size: 2,000 square feet, built in 2012 (laundromat)

• Equipment: 31 Speed Queen washers and 34 dryers, 12 years old, card-operated

• Additional Income: Two apartments on the upper floors, supported by Section 8 housing, providing guaranteed income of $60,000 per year

• Employees: 3

• Total Net Income: $262,000 (including laundromat and apartment income)

Total building size is 5940 SF.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Bronx, NY
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,940
Support & Training
Yes.
Reason for Selling
Other business interests.
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Nicholas Martello
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Nicholas Martello