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
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