Established Laundromat Business for Sale in Suffolk County, NY

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Financial Details

Asking Price:
$175,000
Annual Revenue:
$190,000
Cash Flow / SDE:
$52,440
Valuation Multiple:
3.3x
Location:
Suffolk County, NY, US
Source:
Date:
May 10, 2025

Key Highlights

- Long-established laundromat in Suffolk County, NY with 72 machines.
- Absentee owner netting $1000/week, seeking quick sale due to travel plans.
- Significant growth potential with active management; 10-year lease remaining.

Description

A long-established laundromat business located in Suffolk County, NY. The business is situated in a main shopping center and features 72 machines. The current owner operates the business absentee, netting $1000 per week. The owner is seeking a quick sale due to upcoming travel plans. The business has potential for substantial growth with more active management. The lease has 10 years remaining.

Industry Information

Industry Description:
laundromats
Classification:
Service Businesses

Listing Details

Listing ID:
b0c00b99-4ab8-41b3-8b36-1809bf7183f9
Deal Status:
For Sale
Date Posted:
May 10, 2025
Last Updated:
May 26, 2025
Currency:
USD

Features & Tags

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