Absentee Card Laundromat With Super Low Rent & Fixed Water For Sale - Business for Sale

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Absentee-Run Laundromat in Bronx, NY Residential Complex

NY, US
Added 4 months ago
Personal Product & Service, Retail Stores
RemoteAbsentee / Semi-Absentee

Modern laundromat with new equipment and a large facility operates inside a Bronx, NY residential complex, serving a steady customer base with both self-service and wash & fold offerings.

Key Information

Asking

$2.3M

Revenue

$626K

Earnings

$372K

Multiple

6.2x

Key Highlights

  • Located in Bronx, NY within a NYCHA residential complex
  • Monthly rent is $3,891 with no CAM charges
  • 6,300 sq ft facility with 3,500 sq ft unused space
  • 71 total machines: 35 washers and 36 dryers, all 1.5 years old and under warranty
  • Semi-absentee ownership with 2 full-time and 2 part-time employees
  • No seller financing; buyer must have $100,000 liquidity for landlord approval
  • Reason for sale: partnership issues

Contact Info

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