Very Profitable Laundromat- Absentee & Staffed- Flushing, NY $330K - Business for Sale
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Coin-Operated Laundromat in Flushing, NY
Flushing, NY, US
Added today
Laundromat / Laundry Services
Absentee / Semi-Absentee
Coin-operated laundromat with 36 machines and three attendants located in Flushing, NY, serving a high-traffic area surrounded by multi-family homes and apartments.
Key Information
Asking
$340K
Revenue
$350K
Earnings
$113K
Multiple
3.0x
Key Highlights
- Business operates as a coin-operated laundromat in Flushing, NY
- Store is 1,000 sq ft with additional basement storage
- Lease terms include a new 10-year lease with 3 months security deposit required
- There are 36 machines: 18 washers and 18 dryers, with an average age of 25 years
- Payroll is approximately $6,000 per month for 3 attendants (1 full-time, 2 part-time)
- Business is run absentee with local management by owner's spouse
Contact Info
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