Absentee-Run Laundromat for Sale in Nassau County, NY with Owner Financing
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Financial Details
- Asking Price:
- $379,000
- Annual Revenue:
- $234,000
- Cash Flow / SDE:
- $89,400
- Profit Metric:
- Owner’s Cash Flow
- Valuation Multiple:
- 4.2x
- Location:
- NY, US
- Source:
- Date:
- November 06, 2025
Key Highlights
High income-producing absentee-run laundromat operation.
Significant owner financing available ($204k note offered).
Turnkey operation with 25 washers and 24 double stack dryers in a great location.
Description
This is a rare opportunity to acquire a gorgeous, large, absentee-run laundromat located in Nassau County, NY. The business features 25 washers and 24 double stack dryers, generating $234,000 in gross revenues and $89,400 in owner's cash flow. The seller is highly motivated to finance the majority of the purchase price, requiring only a $175,000 down payment and offering a note for the remaining $204,000 at 7.5% over 7 years. This is an ideal investment for an owner seeking passive income in the stable laundromat industry.
Industry Information
- Industry Description:
- Laundromat business for sale in New York, categorized as an absentee business.
- Classification:
- Service Businesses
Real Estate & Lease
- Status:
- Not Specified
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- No
Broker Contact
- Company:
- Vested Corporate
- Email:
- [email protected]
- Phone:
- 1(877) 735-5224
Listing Details
- Listing ID:
- 6101f53c-50c3-44b6-a2a1-1d0ebc4980c2
- Source Listing ID:
- 21592
- Deal Status:
- Sold
- Last Updated:
- November 06, 2025
- Currency:
- USD
Features & Tags
Quality Verified
This listing meets our quality criteria and standards.
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Tags & Categories
laundromat
absentee business
owner financing available
income producing
Nassau County