Absentee Westchester County Laundromat In Dense Renter Market - Business for Sale
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Absentee-Run Laundromat in Westchester County, NY
NY, US
Added 2 months ago
Laundromat Business
Absentee / Semi-Absentee
An absentee-run laundromat in Westchester County, NY, offering self-service, wash & fold, and pickup & delivery services in a densely populated renter market.
Key Information
Asking
$500K
Revenue
$300K
Earnings
$102K
Multiple
4.9x
Key Highlights
- Rent: $34,608 per year ($2,884 per month)
- Absentee-run operation with 4 core staff and additional floaters as needed
- 28 Dexter washers and 30 Dexter dryers (10 are 2.5 years old, others approximately 12 years old)
- Modernized with LaundryWorks card payment system
- Pickup and delivery service implemented under current ownership, securing commercial contracts
- Lease: 20-year term with approximately 16.5 years remaining
- Located in a densely populated Westchester County, NY suburb with over 16,000 residents per square mile and approximately 62% renter population
Contact Info
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