Established Coin-Operated Laundromat in High-Traffic Queens Location

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Financial Details

Asking Price:
$525,000
Annual Revenue:
$360,000
Location:
Jamaica, NY, US
Sources:
Date:
May 15, 2025

Key Highlights

- Established laundromat in a high-traffic Queens location.
- Fully owner-operated with a strong mix of coin-operated machines.
- Long lease term with modest rent increases and potential for revenue growth through digital payments or delivery services.

Description

This is an established, fully owner-operated laundromat in a high-traffic area of Queens. It features a strong mix of coin-operated machines and offers a cash-based business model. The business has a long lease term with modest annual rent increases and high foot traffic. An analyst would note the opportunity to increase revenue by adding digital payments, employees, or delivery services.

Industry Information

Industry Description:
Laundromats and Coin Laundry Businesses
Classification:
Service Businesses

Listing Details

Listing ID:
9c9ae017-afd9-4cb5-9b3d-8f993e382540
Deal Status:
For Sale
Date Posted:
May 15, 2025
Last Updated:
May 26, 2025
Currency:
USD

Features & Tags

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