Turnkey Laundromat in Prime Queens Location

Asking Price: $525,000
NO SBA
NO SELELR FINANCING

Please note this location is very cash heavy business and buyers will have to do hands on due diligence!

Business Overview
This well-established, fully operational laundromat is located in a high-traffic, densely populated area of Jamaica, Queens. With consistent monthly revenue, minimal overhead, and a long-term lease in place, this opportunity is ideal for an owner-operator seeking dependable income or an investor looking for a cash-flowing asset in a vibrant neighborhood.

The business is 100% owner-operated by a husband-and-wife team and has built a strong reputation in the community. With no employees and all operations handled by the owners, it's a lean, efficient operation with significant potential for growth—particularly through the addition of delivery and digital payment services.

Key Business Details
Total Machines: 56

28 Washers: 8 Ipso, 20 Dexter

28 Dexter Dryers

Dexter machines are approx. 12 years old

Gross Monthly Revenue: ~$30,000

Net Monthly Profit: ~$18,000

Annual Net Income: ~$216,000

Services Offered:

Self-service laundry

Wash & fold: $1.30/lb (8 lb minimum)

Payment Methods:

Cash only (no credit cards)

ATM on site (rented)

Operating Hours: Daily, 7:30 AM – 9:00 PM

Employees: None – owner-operated

Lease & Location
Rent: ~$4,600/month (includes taxes & CAM)

Lease Term: 14 years remaining

Annual Increases: 3%

Location Highlights:

Situated in a busy commercial corridor

Strong foot traffic and dense residential surroundings

Excellent neighborhood reputation and repeat clientele

Investment Highlights
? Turnkey operation – walk in and start earning
? Strong monthly cash flow – ~$18K/month
? No employees – low overhead
? Long lease – 14 years of stability
? High-demand services – opportunity to add pickup/delivery and card or app-based payments

Next Steps
This is a confidential listing for a highly profitable laundromat in a thriving Queens neighborhood. Ideal for both first-time buyers and seasoned operators. Financials and lease documents available upon request for qualified buyers.