Established Absentee-run Laundromat In Brooklyn For Sale - Business for Sale

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Absentee-Run Laundromat in Brooklyn, NY

New York, NY, US
Added today
Laundromat / Laundry Services
Absentee / Semi-Absentee

Absentee-run laundromat in Brooklyn, New York offering wash & fold, self-service, vending, ATM, and dry cleaning services with a stable employee team and equipment included.

Key Information

Asking

$800K

Revenue

$175K

Earnings

$180K

Multiple

4.4x

Key Highlights

  • Monthly income: $39,850 – $42,350
  • Monthly expenses: ~$24,584
  • Absentee ownership; owner's spouse visits 2x per week
  • Stable team of employees expected to remain post-sale
  • Assets include 40 Speed Queen washers (2012), 16 Speed Queen 30 lb. stack dryers, 4 Speed Queen 75 lb. dryers, and a CCI card system
  • Seller financing available with substantial down payment
  • Option to purchase real estate is available

Contact Info

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