Good Potential Laundromat-Vibrant Wash/Fold &PUD-Near Maspeth $110,000
Asking Price: | $110,000 |
Gross Revenue: | $200,000 |
Cash Flow: | $37,500 |
Rent: | $3,000 |
High Volume Laundromat with vibrant wash & fold and PUD business.
This store predominantly does Wash & Fold and pick up and delivery (PUD) - IT DOES VERY LITTLE SELF SERVE.
Over $200,000 in revenue. 2023 was higher (approx. $300,000), however, 2 large customers did not renew in 2024.
Strong 15 year lease in place. 750 sq. ft. with backyard & basement.
16 washers & 20 Dryers about 15 years old.
Fully staffed - Can run semi absentee but new driver will be needed.
Net Profit of approx. $37,500 year assuming fully staffed with 2 workers at store covering all hours and 1 driver covering 40 hours.
Well established and very well run operation.
Well appointed laundromat in great neighborhood setting NEAR Maspeth, Queens.
Cash only Offers - $110,000 FIRM
No seller, bank or SBA financing will be entertained.