Laundromat w/i "55 card Machines + 15 yrs Lease", Upper Westside, NY - Business for Sale

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Laundromat with 55 Card Machines in Upper Westside, NY

New York, NY, US
Added 2 days ago
Laundromat / Laundry Service
9 years in business
Absentee / Semi-Absentee

This is a laundromat located in the Upper Westside of New York, NY, operating with 55 card-operated machines in a two-level facility and offering both self-service and full-service laundry options.

Key Information

Asking

$315K

Revenue

$384K

Earnings

$119K

Multiple

2.6x

Key Highlights

  • Years established: 9
  • Lease: 6 years remaining, extendable to 15 years
  • Facility: 1,500 sq ft on first floor plus 750 sq ft basement
  • Equipment: 28 washers and 27 dryers, all 12 years old, card-operated
  • Service mix: 70% self-service, 30% full-service
  • One employee operates daily from 7:00 AM to 9:00 PM
  • Business is cash-only; neither owner financing nor SBA loan accepted

Contact Info

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