If interested in financing, we have options available with capital up to $550,000 and no collateral required.

Asking Price: $285,000
Net Profit: $6000 a month
Business Type: Laundromat
Ownership: Absentee
Employees: 1
Lease: 12 Years Remaining (2 years + 5-year option + 5-year option)
Rent: $2,700/month
Machine Count: 12 Machines

Business Overview
This absentee-owned laundromat offers a strong semi-passive income opportunity in a high-traffic area of Richmond Hill/Jamaica, Queens. With minimal staffing and streamlined daily operations, the business generates consistent monthly net profits between $6,000–$7,000.

The laundromat is operated by a single employee, and ownership is limited to occasional visits—making it an ideal acquisition for an investor seeking semi-absentee income with low overhead.

Key Highlights
Absentee Operation: Owner is not involved in day-to-day operations

Consistent Earnings: $6K–$7K monthly net profit

Favorable Lease: Long-term lease with 12 years remaining

Affordable Rent: $2,700/month in a prime neighborhood

Streamlined Staffing: Only one employee required to run the business

Machine Condition: Well-maintained, 12 total machines in working order

Location Advantage: Situated in a dense residential area with strong local demand

Growth Potential
Introduce wash & fold or pickup/delivery services

Increase marketing efforts and online visibility

Add vending machines or retail laundry products

Reason for Sale
Confidential—available upon request with NDA.

Ideal Buyer
This business is ideal for:

Investors seeking absentee or low-touch cash flow

First-time buyers looking for a manageable business

Operators seeking to scale an existing laundromat portfolio