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Forest Hills - Brand New Turnkey Laundromat – Completely Built Out & R
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Turnkey Brand-New Laundromat in Forest Hills, Queens | $400,000 plus Assumable Equipment Financing
A completely built-out, modern laundromat in high-demand Forest Hills, Queens. Constructed new in 2025, so you walk in and operate with zero buildout and zero downtime.
Facility
800 sq ft professionally designed space
17 brand-new washers, 14 dryers
Card-system technology (no coin handling)
All-new counters, flooring, lighting, plumbing, electrical
Layout optimized for wash & fold and pickup/drop-off
Deal Structure
Business Purchase Price: $400,000 (buildout, goodwill, lease rights, training, transition support)
Equipment: assumable financing with a balance of roughly $235,000 at about $2,900/mo. Qualified buyers approved to take over the existing note
Lease
Monthly rent: $5,000
Term: expires July 2040 (15 plus years remaining)
Revenue
Projected annual gross revenue up to $720,000 at full ramp.
Why We're Selling
We acquire, rebuild, and sell businesses as our model.
Location
Dense residential Forest Hills with working families, students, and renters without in-unit laundry. Consistent foot traffic and rising demand for premium wash & fold.
Ideal for an operator wanting immediate, financeable cash flow with no construction risk, or an investor seeking a modern, low-touch asset with documented upside. Full seller training and transition support included.
A completely built-out, modern laundromat in high-demand Forest Hills, Queens. Constructed new in 2025, so you walk in and operate with zero buildout and zero downtime.
Facility
800 sq ft professionally designed space
17 brand-new washers, 14 dryers
Card-system technology (no coin handling)
All-new counters, flooring, lighting, plumbing, electrical
Layout optimized for wash & fold and pickup/drop-off
Deal Structure
Business Purchase Price: $400,000 (buildout, goodwill, lease rights, training, transition support)
Equipment: assumable financing with a balance of roughly $235,000 at about $2,900/mo. Qualified buyers approved to take over the existing note
Lease
Monthly rent: $5,000
Term: expires July 2040 (15 plus years remaining)
Revenue
Projected annual gross revenue up to $720,000 at full ramp.
Why We're Selling
We acquire, rebuild, and sell businesses as our model.
Location
Dense residential Forest Hills with working families, students, and renters without in-unit laundry. Consistent foot traffic and rising demand for premium wash & fold.
Ideal for an operator wanting immediate, financeable cash flow with no construction risk, or an investor seeking a modern, low-touch asset with documented upside. Full seller training and transition support included.
About the Business
- Years in Operation
- 1
- Facilities & Assets
- Brand-new machines: 17 washers + 14 dryers
All-new counters, flooring, lighting, plumbing, and electrical
Card-system ready (no coin setup required)
Ideal layout for wash & fold and pickup/drop-off services
Located in a dense residential neighbor
hood with strong laundry demand - Website
- https://www.laundryandco.nyc/
- Market Outlook / Competition
- Queens has strong laundry demand due to its dense, working-class and immigrant population. Forest Hills attracts middle-income families, students, and renters many without in-unit laundry. There's also a growing shift toward pickup/drop-off and wash & fold services, offering higher-margin potential beyond walk-ins.
- Opportunities for Growth
- Business is being run by an absentee owner. Corporate business and pick up drop off has not been utilized. Every month revenue goes up.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 800
- Rent
- $5,000.00 per month
- Lease Expiration
- 7/3/2040
About the Sale
- Seller Motivation
- Absentee Owner
- Transition Support
- Yes everything will be provided
Listing Info
- ID
- 2395920
- Listing Views
- 9724
Business Location
Listing ID: 2395920 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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