Profitable Laundromat For Sale in Queens

Nassau County, NY
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Asking Price:$850,000
Gross Revenue:$512,000
Established Year:1995
Cash Flow:$185,000
FF&E:$600,000
BUSINESS DESCRIPTION

Well-established Semi-Absentee Laundromat operating for over 25 years. This is what you have been looking for… EASY to operate, HIGHLY profitable, business operates on AUTO PILOT. Located in a great neighborhood in Queens County, New York. This store is a large LAUNDRY CENTER with 2,000 square feet and plenty of easily accessible parking, with an excellent long-term lease. The business is impressive as it is well maintained with a sparkling appearance and all equipment is high quality and in excellent condition. There is tremendous potential to expand the business as there are lots of commercial businesses in the area as well as many residential apartments nearby. They have plenty of machines and space to handle major commercial laundry accounts. They currently offer pick-up and delivery service. This sleeping giant earns tremendous profits for the owner while operating the business almost 98% ABSENTEE. This business has excellent books and records. Please refer to listing number 15297 when inquiring about this opportunity.


DETAILED INFORMATION
Location
Nassau County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
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Ken
Stein/Kensington Company
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Ken Stein/Kensington Company