Newly Renovated Card Laundromat with Property in Bronx, NY
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Financial Details
- Asking Price:
- $2,999,999
- Annual Revenue:
- $494,000
- Cash Flow / SDE:
- $225,920
- Valuation Multiple:
- 13.3x
- Location:
- Bronx, NY, US
- Sources:
- Date:
- May 06, 2025
Key Highlights
- 2,500 sq ft laundromat in a high-traffic Bronx location.
- Features 75 one-year-old Speed Queen machines.
- Fully absentee owner with a 40-year established business.
Description
This is a 2,500 sq ft laundromat located in a high-traffic area of the Bronx. The business features 75 high-tech Speed Queen machines that are only one year old. The current owner has operated the laundromat for 22 years, and it has been established for 40 years. The business is zoned R7 and is in close proximity to multiple residential apartments. The owner is fully absentee.
Industry Information
- Industry Description:
- Business Services
- Classification:
- Service Businesses
Listing Details
- Listing ID:
- 9dcdf8b4-cf0b-4027-bbb9-e10db0fd569d
- Deal Status:
- For Sale
- Date Posted:
- May 06, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
Features & Tags
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