Massive Absentee Brooklyn Card Laundromat with Parking Lot For Sale

HS Listing ID

- History and Location: Long-established laundromat operating for over 10 years in a high foot traffic Brooklyn neighborhood, serving residential customers.

- Lease: 18 years, 3% increases on base rent

- Facility: Spacious 4,500 sq. ft. laundromat designed for customer convenience and efficient delivery operations.

- Parking: Features a dedicated parking lot with space for 10 cars, ensuring convenient access for customers.

- Equipment: Equipped with 127 machines, including 67 washers and 60 dryers. Machines include a mix of Speed Queen units (4-5 years old) and Wascomat Gen 6 machines (10-12 years old).

- Service Offerings: Provides self-service laundry, wash & fold, pickup and delivery, and dry cleaning services to meet diverse customer needs.

- Management: A key person oversees daily operations, enabling the current owner to maintain a largely absentee role.

- Ownership: The laundromat has been under the current owner’s management for 6 years. The owner typically visits twice a week—once to drop off money and once to pick it up.

- Technology: Card System Laundromat that operates with Laundryworks card system for laundry, Cleaners Club for wash and fold & delivery, streamlining payment and management processes. All income easily verifiable.

- Staffing: Operated by a team of 5 employees, including 3 attendants, 1 night shift employee, and 1 driver.

- Operating Hours: Open 24/7, with the option for a new owner to adjust hours if desired (e.g., close at 11 PM Sunday–Thursday).

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION