Absentee Card Laundromat With Super Low Rent For Sale - Business for Sale
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Absentee Card Laundromat in Bronx, NY
Bronx, NY, US
Added 1 month ago
Laundromat Business
Absentee / Semi-Absentee
A modern, well-maintained laundromat located in a NYC housing residential complex in the Bronx, NY, operating semi-absentee with a large facility and new equipment.
Key Information
Asking
$2.3M
Revenue
$625K
Earnings
$371K
Multiple
6.2x
Key Highlights
- Monthly rent is $3,891 with an additional fixed water charge of $567 per month and no CAM charges
- Facility size is 6,300 sq ft, with 3,500 sq ft of unused space
- 71 total machines: 35 washers and 36 dryers, all Fagor brand and 1.5 years old
- Business operates under a NYCHA commercial lease with 15-year terms
- Operated semi-absentee with 2 full-time and 2 part-time employees
- No seller financing offered; buyer needs $100,000 in liquidity for landlord approval
Contact Info
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