Turnkey Laundromat Opportunity – Fully Renovated & Absentee-Owned In Brooklyn

IF YOU ARE LOOKING FOR LOANS TO FINANCE BUSINESSES, PLEASE FEEL FREE TO REACH OUT TO ME DIRECTLY – UP TO $500,000

Asking Price: $115,000(negotiable) + Loan
Reason for Sale: Absentee Owner (Out of State)
Business Status: Opened 2 Months Ago

Buyer must take over the loan! Seller won’t sell without it!

$3000 a month net - after paying everything off

8 year old financing metropolitan + warranty on the machines brand new machines

Business Highlights
Recent Renovation:

Full interior renovation completed following a 5-month closure.

All equipment and interior fixtures are brand new and under warranty.

High-Quality Equipment:

20 new Huebsch washers (under warranty)

4 new Speed Queen dryers (under warranty)

18 additional Huebsch dryers (2016 models, excellent condition)

Staffing:

4 employees in place (2 full-time, 2 part-time)

Business operates with absentee ownership; the current owner resides in California. - Reason for sale

Strong Lease Terms:

15-year lease at $4,000/month

Fixed rent for 2 years; annual increases of only $100 thereafter

1,500 sq. ft. facility with additional basement space

Current Expenses:

Payroll: $1,600/week

Electric: $900/month

Water & gas expenses still pending – to be confirmed with seller

Financing Details:

Equipment loan balance: $194,000

Buyer to assume loan

Monthly payment: $2,800

Revenue & Growth Potential:

Weekly gross revenue: $3,000–$4,000 (within 2 months of reopening)
Net profit $ 8000- $10,000

Coin-operated model with strong early customer adoption

Growing customer base with room for expansion and local marketing