HS Listing ID-66948

Location: Located in a high foot traffic area of the Bronx, surrounded by large residential buildings that drive consistent walk-in business.

Operation: Absentee-run with the owner visiting just 1–2 times per week. Fully staffed with daily operations handled by employees.

Lease: 18 years remaining with 3% annual increases, offering long-term lease security.

Size & Layout: 3,500 SQ FT facility with an open and functional layout suitable for high customer volume.

Basement: Full basement included, offering valuable additional space for storage, equipment, or future utility needs.

Condition: Clean and well-maintained space built for steady use and long operating hours.

Equipment: 67 Speed Queen machines (37 washers, 30 dryers), installed approximately 4 years ago.

Payment System: New card-based payment system (Laundryworks), recently installed, eliminating coin handling and streamlining customer transactions.

Service Breakdown: 74% Self-Service, 22% Wash & Fold, 3% Soap Sales (based on 2024 sales data).

Employees: Staffed with 3 employees managing day-to-day operations.

Hours of Operation: Open 24 hours a day, 7 days a week.

Reason for Sale: Seller is reducing the number of locations to focus on other business opportunities.

No SBA Financing. Laundromat bank financing available, buyer must have 35-40% down payment or an all-cash deal.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION