Profitable Astoria Laundromat Newly Renovated NY
HS Listing ID-71850 A profitable, newly renovated community staple with 25 years of operation history and growing monthly revenue. Ideal for an owner operator. The Business was purchased in November 2022 by the current owners who have grown the gross income but have produced lower Profit due to being overstaffed and closed a lot. Huge opportunity for an owner operator to cut staff and extend hours for increased profits. Currently Grossing $150k per year in revenue. Prime location in Astoria, a densely populated area with strong demand for laundry services. Rent: $4,500/month WASHERS- 14 Huebsch HCMX20U6001 machines Capacity range: 20-40 lbs Quarter-operated Equipment value: $30K-$40K DRYERS- 14 Huebsch HTT45NBCG2GW01 units 45 lb capacity (stacked) Quarter-operated Equipment value: $35K-$45K A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Real Estate
Lease
Support & Training
Yes.
Reason for Selling
Other business interests.
Financials
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