Absentee Operated Laundromat in Busy Nassau County Shopping Center

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Financial Details

Asking Price:
$275,000
Annual Revenue:
$192,400
Cash Flow / SDE:
$69,769
Profit Metric:
Owner’s Cash Flow
Valuation Multiple:
3.9x
Location:
NY, US
Source:
Date:
November 03, 2025

Key Highlights

Fully absentee owner operation with potential for owner involvement.
Excellent location in a busy shopping center anchored by a 24/7 national tenant.
Significant upside potential by extending operating hours to 24/7 and expanding into adjacent available space.

Description

This is a bright and spacious laundromat located in a high-traffic main road shopping center in Nassau County, NY, benefiting from proximity to a 24/7 national anchor tenant. The business currently features 23 washers and 28 dryers, generating $3,700 weekly, which includes $1,200 per week from wash and fold services. It is currently run fully absentee with 5 loyal part-time employees, operating from 6 AM to 11 PM. The facility was totally renovated 1.5 years ago and includes a new camera system. The location is packed on weekends, and there is an opportunity to expand into adjacent available space. The lease is long-term.

Industry Information

Industry Description:
This is a laundromat business located in a high-traffic shopping center in Nassau County, NY, specializing in self-service laundry and offering wash and fold services.
Classification:
Service Businesses

Operational Snapshot

Employees:
5

Real Estate & Lease

Status:
Leased

Broker Contact

Name:
Joseph Stansky Esq
Company:
VestedBB.com
Email:
[email protected]
Phone:
631-383-3109

Listing Details

Listing ID:
69d2ec4f-7ad5-4a5c-9a4e-9ddf008987ce
Source Listing ID:
3524
Deal Status:
Sold
Last Updated:
November 03, 2025
Currency:
USD

Features & Tags

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