Manhattan Laundromat

Manhattan, New York

Business Summary: Completely absentee. Brand new equipment, complete new warranty on all machines. In the midst of swarm of apartment dwellers who are forced to walk to Laundromats in this area of the city. Single square block in this area will give this place enough business to maintain big projects for a long period of time. 15 year lease all brand new machines Hubesh. 20 washers, 20 dryers- mobs of customers plus 4,500 wash W/F. Over $9,000 in weekly income, weekly break down $3,500 coin, $4,500 drop off (W/F), $500 dry cleaning, $500 soap sales. All machines Hubesh with new machine warranty. Financing and price negotiable to a strong qualified buyer. This would be considered by seller. For Further information, please contact Vito Mastromonaco at 908-851-9040 Ext. 285.
Year Business was Established: 1999
Number of Employees: 4
Facilities / Terms of Lease: 1,000 sq. ft. of Hustle Bustle. Big Drop store, brand new equipment, walk traffic all over 4% increase in rent annually.
Potential Growth/Expansion: Opening up 12 hours a day
Competition: As long as you are located in the borough of Manhattan where there are swarms of apartment’s dwellers there are NOT enough Laundromats
Owner willing to finance: Owner would give a good deal and financing to a strong buyer
Owner willing to train: 2 weeks
Reason for selling: Owner selling several Laundromats (5)