Newly Renovated Absentee Laundromat in the Bronx with Long Lease
View Original Listing
Sign in to save
Financial Details
- Asking Price:
- $999,999
- Annual Revenue:
- $499,196
- Cash Flow / SDE:
- $176,216
- Valuation Multiple:
- 5.7x
- Location:
- Bronx, NY, US
- Source:
- Date:
- August 13, 2025
Key Highlights
- Newly renovated, absentee-run card laundromat in the Bronx.
- Features modern Speed Queen equipment and a Laundroworks card system.
- 12-year lease with option to extend; financing available.
Description
This is a newly renovated, absentee-run card laundromat located on a high-visibility main street in the Bronx. It features modern Speed Queen equipment, a Laundroworks card system, and a 12-year lease with an option to extend. The business is operated by 3 employees and generates revenue through self-service, wash & fold, and soap sales. Financing options are available through laundromat bank financing, requiring a 35-40% down payment or an all-cash deal.
Industry Information
- Industry Description:
- Commercial Laundry Businesses for Sale
- Classification:
- Service Businesses
Listing Details
- Listing ID:
- 2ee2998c-7590-45cf-9866-290b2bbbfc6d
- Deal Status:
- For Sale
- Date Posted:
- August 13, 2025
- Last Updated:
- August 13, 2025
- Currency:
- USD
Features & Tags
Quality Verified
This listing meets our quality criteria and standards.
Verified