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Profitable Laundromat

Queens, New York

Asking Price: Gross: Cash Flow:
$875,000 $512,000 $180,000

Furniture and Fixtures Value:
$600,000 (included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Well-established Semi-Absentee Laundromat operating for over 25 years. This is what you have been looking for… EASY to operate, HIGHLY profitable, business operates on AUTO PILOT. Located in a great neighborhood in Queens County, New York. This store is a large LAUNDRY CENTER with 2,000 square feet and plenty of easily accessible parking, with an excellent long-term lease. The business is impressive as it is well maintained with a sparkling appearance and all equipment is high quality and in excellent condition. There is tremendous potential to expand the business as there are lots of commercial businesses in the area as well as many residential apartments nearby. They have plenty of machines and space to handle major commercial laundry accounts. They currently offer pick-up and delivery service. This sleeping giant earns tremendous profits for the owner while operating the business almost 95% ABSENTEE. This business has excellent books and records. Please refer to listing number 15297 when inquiring about this opportunity.

 
   
   
Year Business was Established: 1998
   
Number of Employees: 9  
   
Owner willing to train: Yes  
 

 

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