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Rare Long Island Turn-Key Laundromat with Parking For Sale - Absentee
Business Description
• Prime Roadside Visibility: Located on a main road with strong exposure and consistent customer flow.
• Revenue Diversity: Strong mix of self-service & wash & fold; vending and soap sales add additional margin.
• Absentee Friendly: Payroll structure supports absentee ownership.
• Years Established: Established in 2016.
• Secure Lease: 9 years remaining with (2) 5-year options; lease includes 3% annual increase on base rent.
• Equipment: 105 machines, Dexter 200G washers, 9 years old, with recent replacements and upgrades (new hoses, bearings, VTM system, and card readers).
• Payment Systems: LaundryWorks system for self-serve customers and Cents system for wash & fold operations.
• Spacious Layout: Includes basement for added storage and utility space.
• Staff in Place: 3 employees covering operating hours (7am–11pm). 5 hours per shift
• Operating Hours: 7 days/week, Mon–Sun.
• Established Market: Serves a growing local customer base with dense residential housing and stable middle-income demographics. The area features strong family presence and consistent demand for laundry services, ensuring ongoing utilization.
• Growth Potential: Significant value can be added by launching pick-up and delivery services. This location is perfectly positioned for that expansion, with high residential density and reliable access.
• Parking: Dedicated parking on-site.
• Reason for Sale: Laundromat is too far for owner to manage.
• No SBA Financing or Seller Financing.
Laundromat bank financing available, buyer must have 35-40% down payment or all cash deal.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
• Revenue Diversity: Strong mix of self-service & wash & fold; vending and soap sales add additional margin.
• Absentee Friendly: Payroll structure supports absentee ownership.
• Years Established: Established in 2016.
• Secure Lease: 9 years remaining with (2) 5-year options; lease includes 3% annual increase on base rent.
• Equipment: 105 machines, Dexter 200G washers, 9 years old, with recent replacements and upgrades (new hoses, bearings, VTM system, and card readers).
• Payment Systems: LaundryWorks system for self-serve customers and Cents system for wash & fold operations.
• Spacious Layout: Includes basement for added storage and utility space.
• Staff in Place: 3 employees covering operating hours (7am–11pm). 5 hours per shift
• Operating Hours: 7 days/week, Mon–Sun.
• Established Market: Serves a growing local customer base with dense residential housing and stable middle-income demographics. The area features strong family presence and consistent demand for laundry services, ensuring ongoing utilization.
• Growth Potential: Significant value can be added by launching pick-up and delivery services. This location is perfectly positioned for that expansion, with high residential density and reliable access.
• Parking: Dedicated parking on-site.
• Reason for Sale: Laundromat is too far for owner to manage.
• No SBA Financing or Seller Financing.
Laundromat bank financing available, buyer must have 35-40% down payment or all cash deal.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Years in Operation
- 9
- Facilities & Assets
- 105 machines, Dexter 200G washers, 9 years old, with recent replacements and upgrades (new hoses, bearings, VTM system, and card readers)
Real Estate
- Owned or Leased
- Leased
- Rent
- $10,000.00 per month
About the Sale
- Seller Motivation
- Laundromat is too far for owner to manage
- Financing Options
- No SBA Financing or Seller Financing. Laundromat bank financing available, buyer must
Listing Info
- ID
- 2409702
- Listing Views
- 390
Listing ID: 2409702 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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