Great Location, High Profit , Brand New Dryers, Laundromat in Bronx

Bronx, NY
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Asking Price:$950,000
Inventory:$350,000
Established Year:2016
Gross Revenue:$550,000
Rent:$9,880/Month
BUSINESS DESCRIPTION

Selling a highly-profitable laundromat equipped with the latest facilities. A total of 40 dryers (26 purchased in 2023) and 40 washers, all in excellent condition." Half of the revenue is generated from Manhattan Pick up & Delivery Service, with ample room for further expansion. The surrounding area is mostly residential, and the laundromat is conveniently located in front of a school, attracting a constant flow of customers. The success of a laundromat business is determined by its location. Don't miss out on this opportunity waiting for you in a perfect location.

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"Are you considering selling your business? The Business Consulting Group of C Land Realty, a reputable regional business broker, excels in handling purchases and sales in NY, NJ, and GA, specializing in seamless business transactions. If you are a seller contemplating listing your business, feel free to reach out to us at 201-774-3555 or email us at skkim@clandrealty.com for a complimentary evaluation. We are constantly seeking new businesses to represent."


DETAILED INFORMATION
Location
Bronx, NY
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
30/12/2036
Employees
4
Support & Training
"The owner is offering a complimentary two-week training period and will continue to serve as the manager until the new owner is fully acclimated. Take advantage of this unique opportunity to step into ownership with expert guidance and support!"
Reason for Selling
Retirement
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Shawn
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Shawn kim