Newly Renovated Absentee Laundromat in the Bronx with Long Lease

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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

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