Laundromat for sale in Bronx, NY

Bronx County, New York

Business Summary: 5000 square-foot mega laundromat, 150 machines located in the Bronx. All equipment is less than five years old and manufactured by speed queen. Laundry works card system in place. 9 years remaining on the lease with option to renew. 75% self-service. Absentee run $285,702 annual profits. Located in a primetime area with lots of exposure and foot traffic. Seller has card system reports that can back into all representations. Bank approved for a qualified buyer with 40% down. For more information contact: Douglas Bodner (908)-851-9040 ext. 204 [email protected]
Facilities / Terms of Lease: 5000 sq ft. Opened 24 hours Speed Queen Washer and Dryers 5 yrs old 18 20Lbs washers 20 30lbs washers 10 60lbs washers 2 80lbs washers 48 30 lbs dryers 8 45lbs dryers Laundroworks Card system. 9 years left on lease option to renew
Owner willing to finance: Bank approved for a qualified buyer with 40% down.