Very Profitable Laundromat-Fully Attended & Absentee-Flushing NY-$399K - Business for Sale
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Coin-Operated Laundromat in Flushing, NY
Flushing, NY, US
Added 1 month ago
Laundromat / Laundry Service
42 years in business
Absentee / Semi-Absentee
Coin-operated laundromat with self-serve and wash & fold services located in Flushing, NY, operating for over 40 years and currently run absentee with three attendants.
Key Information
Asking
$399K
Revenue
$350K
Earnings
$113K
Multiple
3.5x
Key Highlights
- Business has been established for 42 years
- Located in Flushing, NY with 1,000 sq ft plus basement for storage
- Store has 36 machines: 18 washers and 18 dryers, approximately 20-25 years old
- Three attendants (1 full-time, 2 part-time) cover all hours, with monthly payroll of $6,000
- Landlord will provide a new 10-year lease; requires 3 months security deposit
- No seller or bank financing offered; cash offers or home equity loans only
Contact Info
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