Bronx Laundromat With Property Included For Sale
Asking Price: | $1,950,000 |
Gross Revenue: | $338,000 |
Cash Flow: | $262,000 |
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