Modern Card-Operated Park Slope Laundromat With Newer-Equipment And Long-Term-Lease
HS Listing ID-73086 Asking Price: $799,000 Annualized Revenue: approx. $467,000 Annualized Net Income: approx. $156,000 Net Margin: approx. 33% Monthly Rent: approx. $8,500 Lease Remaining: approx. 15–20 years Card-operated laundromat Newer / modern equipment Revenue increased approx. 22% during the April–August period reviewed Prime Park Slope location with strong residential density and recurring neighborhood demand Established operation with existing customer base and installed infrastructure Growth opportunities: ATM, detergent/soap sales, vending, wash & fold, pickup/delivery, commercial accounts and pricing optimization Equipment financing: approx. $207,000 outstanding, subject to final payoff/assumption structure Current financial figures are based on 5 months of seller-provided results annualized, so full TTM financials are still being collected A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Lease Terms
Lease Remaining: approx. 15–20 years
Real Estate
Lease
Leasehold Rent
$102,000 per annum
Support & Training
Yes.
Reason for Selling
Other business interests.
Financials
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