10+ Years Reputable Significant Income Laundromat - Business for Sale

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Laundromat with Drop-Off and Delivery in Bronx, NY

Bronx, NY, US
Added 2 months ago
Laundromat / Laundry Services
10 years in business
Under Contract

Laundromat in the Bronx, NY operating for over 10 years, offering coin-operated washing and drying services, drop-off, delivery, and free wifi.

Key Information

Asking

$790K

Revenue

$520K

Earnings

$189K

Multiple

4.2x

Key Highlights

  • Business operates as a laundromat in the Bronx, NY
  • In operation for over 10 years
  • Annual gross income: $520,000
  • Annual net income: $189,000
  • Monthly rent: $11,730 (excluding utilities and water)
  • Equipment includes 45 Huebsch coin-operated washers (10 years old) and 40 Dexter coin dryers (3 years old)
  • Approximately 4,000 square feet with 11-foot ceilings, HVAC, and no cellar
  • Three employees; services include drop off, delivery, and free wifi
  • Sale is pending (offer accepted)

Contact Info

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10+ Years Reputable Significant Income Laundromat | Business for Sale | SMB Deal OS