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 today
Personal Product & Service, Retail Stores
RemoteAbsentee / Semi-Absentee
Absentee-run laundromat offering self-service, wash & fold, and pickup/delivery services in a densely populated renter-majority suburb of Westchester County, NY.
Key Information
Asking
$500K
Revenue
$300K
Earnings
$102K
Multiple
4.9x
Key Highlights
- Absentee-run with 4 core employees and additional floaters
- 28 Dexter washers and 30 Dexter dryers (10 are 2.5 years old, others ~12 years old)
- Modern LaundryWorks card payment system
- Sales mix: 50% self-service ($151,480), 28% pickup/delivery & commercial ($83,600), 22% wash & fold ($64,920)
- Rent: $34,608 per year ($2,884/month)
- Lease term: 16.5 years remaining on original 20-year lease
- Pickup and delivery program with commercial contracts
- Owner selling to focus on other business interests
Contact Info
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