Good Potential Laundromat-Vibrant Wash/Fold &PUD-Near Maspeth $110,000

Maspeth, NY
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Asking Price:$110,000
Gross Revenue:$200,000
Cash Flow:$37,500
Rent:$3,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Maspeth, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
750
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John
M. Bedosky
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John M. Bedosky