Absentee Card Laundromat With Super Low Rent & Fixed Water For Sale

Asking Price$2,300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$625,754

InventoryNot Disclosed

FF&ENot Disclosed

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Absentee Card Laundromat With Super Low Rent & Fixed Water For Sale


Asking Price$2,300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$625,754

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
• Modern, well-maintained laundromat located inside a NYC housing residential complex, delivering strong, consistent earnings supported by super low overhead, new equipment, and a large facility footprint. The store benefits from a steady built-in customer base and reliable daily usage.

• Strong Financial Performance: Produces approximately $31,000 in monthly net profit, supporting ~$370,000 annualized. Revenue is consistent, diversified across self-service, wash & fold, soap sales, and ancillary income sources.

• Semi-Absentee Ownership: Owner manages remotely while a trained team of 2 full-time and 2 part-time employees handle all daily operations, including opening/closing, customer service, wash & fold production, cleaning, and store oversight.

• Equipment & Facility: All equipment is Fagor, brand new (1.5 years old) & under warranty

• 71 total machines - 35 Washers, 36 Dryers

• Card System Machines - Laundryworks for Self-Service. For W&F they use Cents.

• Large 6,300 sq ft facility, including 3,500 sq ft of unused space suitable for WDF expansion, commercial laundry volume, storage, or additional equipment.

• Lease Terms: NYCHA commercial lease with exceptional lease terms

• $3,891/month rent. No CAM charges

• This structure is significantly more affordable than typical laundromat leases in the Bronx and supports strong profitability.

• Location & Market: Situated within a dense residential community, driving consistent daily traffic. NYCHA placement provides a stable, built-in customer base with minimal direct competition inside the complex. Reliable foot traffic and strong demand for both self-service and WDF.

• Growth Opportunities: Launch pickup and delivery service

• Expand wash & fold into the unused 3,500 SQ FT space

• Pursue commercial contracts (salons, fitness centers, daycares, senior homes, etc.)

• Add retail items, vending, or ATM upgrades

• Increase marketing, signage, and digital customer engagement

• Financing: No seller financing offered. Traditional laundromat lenders available, buyer would need 35-40% down

• Landlord Requirements: Seller must have $100,000 in liquidity to be approved by landlord

• Reason for Sale: Partnership issues


A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Years in Operation
1
Facilities & Assets
• All equipment is Fagor, brand new (1.5 years old) & under warranty
• 71 total machines - 35 Washers, 36 Dryers
• Card System Machines - Laundryworks for Self-Service. For W&F they use Cents.
• Large 6,300 sq ft facility, including 3,500 sq ft of unused space suitable for WDF expansion, commercial laundry volume, storage, or additional equipment.
Opportunities for Growth
• Launch pickup and delivery service
• Expand wash & fold into the unused 3,500 sq ft space
• Pursue commercial contracts (salons, fitness centers, daycares, senior homes, etc.)
• Add retail items, vending, or ATM upgrades
• Increase marketing, signage, and digital customer engagement
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,300
Rent
$3,891.00 per month
About the Sale
Seller Motivation
Partnership issues
Financing Options
No seller financing offered
Listing Info
ID
2450651
Listing Views
20

Contact Seller

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Listing ID: 2450651 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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