Laundromat in Shopping Center Dutchess County, NY

Poughkeepsie, NY
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Asking Price:$280,000
Gross Revenue:$153,000
Rent:$2,177
Established Year:2009
Cash Flow:$59,000
Inventory:$5,000
FF&E:$75,000
BUSINESS DESCRIPTION

Motivated Seller. Thriving laundromat With Proven, Long-Term Success. Owners pride ourselves on having the cleanest, safest, and best-kept laundromat in town. This pride in ownership, combined with the most efficient equipment on the market, provides an amazing laundromat experience. Store is staffed during all operating hours to provide the best customer service and cleanest environment possible.
Great neighborhood, prime location & parking.
Loyal customer base. Laundry Est. 2009

Approximately 1500 sq. ft. with $2177 rent. 9y lease (longer terms negotiable with landlord)

18 Washers & 20 Dryers
Machines are approx. 15 years old.

Store is partially attended. Open 24h
Does mix of Self Serve ($11,500/m), Drop OFF WDF ($500/m) & Pick Up Delivery ($500/m).

Lots of potential to grow self serve, drop off wash & fold, commercial and residential pickup business.

Asking Price: $280,000
Sales Revenue: $153,000
Cash Flow: $51,000
Neighborhood laundromat that's been around for over 15 years. Loyal clientele and new customers daily. Self-service, dry cleaning, pick-up and delivery, with commercial services are offered.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Poughkeepsie, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
31/01/2033
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Key benefits: • “Semi-absentee” - requires just a few hours each week • Low employee count – wash, dry, fold services pay all employee costs • Multiple revenue streams – Wash, Dry, and Fold, pick up and delivery • Open 24/7. Store is partially attended.
Competition
24/7 Operation.
Support & Training
Full training and support included, no industry experience necessary
Reason for Selling
retiring
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Kingsley
Allison
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Kingsley Allison