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Laundromat - $280 (Queens New York)
condition:
good
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Excellent opportunity to own a fully operational, recently renovated laundromat in a high-traffic location. This is a turnkey business with strong cash flow and minimal owner involvement.
Asking Price: $285,000 (Cash – Negotiable)
Key Features:
Strong Lease: 9 years remaining + 5-year renewal option
Recently Renovated: Fully upgraded just 1.5 years ago
Equipment: 40 Wascomat machines
20 Washers (approx. 10 years old)
20 Dryers (only 1 year old)
Size: ~1,500 sq ft (well-organized and efficient layout)
Prime Location: Busy road with heavy foot traffic
Semi-Absentee Operation: Easy to manage with limited daily involvement
Financials:
Annual Gross Revenue: $216,000
Annual Expenses: $114,000
Net Income: ~$102,000
This is a great opportunity for an owner-operator or investor looking for steady income and growth potential.
📞 Serious inquiries only. Please call or text for more details. show contact info