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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