Hot Listing
New & Fully Renovated Laundromat in Brooklyn, NY
Business Description
HS Listing ID-66392
Fully Renovated: Complete renovation completed recently after a 5-month shutdown; everything is brand new and in excellent condition.
High-Quality Equipment:
20 brand-new Huebsch washers (under warranty)
4 brand-new Speed Queen dryers (under warranty)
18 additional Huebsch dryers (2016 models)
Strong Lease Terms:
15-year lease at $4,000/month
Fixed rent for 2 years, then increases by only $100 annually
1,500 sq. ft. plus basement
Absentee Ownership: Owner is based in California and currently running the business remotely.
Staff in Place:
4 employees: 2 full-time and 2 part-time
Revenue Growth Potential:
$3,000–$4,000 in weekly revenue despite only being open for 2 months
Coin-operated model with growing customer base
Financing Note:
Equipment loan of $194,000 to be assumed by the buyer
Monthly loan payment: $2,800
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Fully Renovated: Complete renovation completed recently after a 5-month shutdown; everything is brand new and in excellent condition.
High-Quality Equipment:
20 brand-new Huebsch washers (under warranty)
4 brand-new Speed Queen dryers (under warranty)
18 additional Huebsch dryers (2016 models)
Strong Lease Terms:
15-year lease at $4,000/month
Fixed rent for 2 years, then increases by only $100 annually
1,500 sq. ft. plus basement
Absentee Ownership: Owner is based in California and currently running the business remotely.
Staff in Place:
4 employees: 2 full-time and 2 part-time
Revenue Growth Potential:
$3,000–$4,000 in weekly revenue despite only being open for 2 months
Coin-operated model with growing customer base
Financing Note:
Equipment loan of $194,000 to be assumed by the buyer
Monthly loan payment: $2,800
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Employees
- 4
Real Estate
- Owned or Leased
- Leased
- Rent
- $4,000.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2374965
- Listing Views
- 2221
Listing ID: 2374965 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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