Profitable Queens Laundromat With Favorable Lease Terms

HS Listing ID-72792 • Established laundromat serving the local community for more than 30 years • Fully staffed with 1 full time manager and 2 part time employees, providing consistent day to day coverage • Owner involvement is limited to approximately 3 days per week, primarily handling supply purchases, bank runs, clothing pickup, and minor machine maintenance • Brand new 10 year lease with a 5 year renewal option at $3,200 per month, already approved by the landlord for a qualified buyer • Equipped with 40 Huebsch coin operated machines, approximately 6.5 years old, including 20 washers and 10 double stack dryers • Equipment was in operation for approximately 6 years and stored for approximately 1 year prior to installation • Multiple established revenue streams including self service laundry, wash and fold, soap sales, and U Haul Revenue Breakdown Self Service and Drop Off/Wash and Fold together represent 86.88% of total revenue. • Brand new sprinkler system installed above the machines • Clean financial records available, including Profit and Loss statements and POS reporting for wash and fold and soap sales • Financing available through a laundromat specific lender with 40% down • No SBA financing or seller financing available Growth Opportunities • Further expand wash and fold services and increase commercial accounts • Grow pickup and delivery services • Increase soap and laundry supply sales • Expand U Haul revenue and ancillary services • Reduce owner involvement further by delegating supply runs, banking, and minor maintenance to existing staff Reason for sale: Relocating out of state & Other business ventures A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION