High Volume, 146 Machine Laundromat For Sale In Brooklyn - Business for Sale

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High-Volume Laundromat with 146 Machines in Brooklyn, NY

Brooklyn, NY, US
Added 6 months ago
Personal Product & Service

This is a large, two-level laundromat in Brooklyn, NY offering self-service, wash-and-fold, pickup and delivery, and dry cleaning services with 146 machines and a staff of 7 employees.

Key Information

Asking

$1.4M

Revenue

$1.1M

Earnings

$345K

Multiple

4.1x

Key Highlights

  • 7,000 sq. ft. facility across two floors
  • 146 total machines: 71 washers, 75 dryers
  • Equipment rebuilt in 2020; main machines are 17 years old
  • 7 employees: 3 wash-and-fold, 3 drivers, 1 maintenance
  • Lease through 2030 with 5-year renewal option
  • Established in 2008; current owner for 5.5 years
  • Owner-operated; owner on-site daily
  • Rent: $17,000/month ($204,000/year)
  • No SBA financing available
  • Reason for sale: owner relocating out of state

Contact Info

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