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Agnostic

Brooklyn Laundromat Asset Sale Newly Refurbished Semi-Absentee

Brooklyn, NY, USA
Listed 95 days ago

HS Listing ID-72086 Prime Residential Location| Fully Refurbished Equipment | Strong Growth Upside Asking: $200,000 Size: 1,500 sq. ft. (+ 1,500 sq. ft. Basement) Investment Highlights Prime residential location with a dense, walkable customer base, surrounded by apartment complexes Approximately 1,500 sq. ft. of retail space, plus a full basement of equal size (~3,000 sq. ft. total footprint) Semi-absentee operation with one full-time employee managing day-to-day operations 18 refurbished ISPO washers 20 refurbished Dexter dryers Established wash-and-fold service already generating revenue Major recent capital improvements: New water system New air conditioning Professionally cleaned and serviced dryer vents Lean, efficient operating model: Rent: ~$5,000/month (includes taxes and gas) 10-year lease in place (plus 5-year renewal option) Utilities (water, electric, Wi-Fi): ~$1,648/month Payroll: one full-time employee, ~$2,720/month A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Real Estate

Lease

Leasehold Rent

$60,000 per annum

Support & Training

Yes.

Size In Square Feet

3,000

Reason for Selling

Other business interests.

Financials

Asking Price
$200K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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