Established Laundromat with Substantial Growth Potential
$265,000
Long lease in place
The current lease runs for several more years.
About this business
Prime location laundromat in Jamaica, NY, with 20 washers and 18 dryers, offering huge growth potential through expanded services like wash & fold, pick up & delivery, and aggressive internet marketing. Located in a high-traffic area for 50 years, this business boasts a loyal customer base and a strong reputation for quality.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$265,000
- Annual Revenue$96,000
- 2.8×
- Price to revenue
- Approx. Inventory Value
- $5,000
- Approximate FF&E
- $85,000
Details
- 2
- Employees
- Laundromat and Coin Laundry Business
- Business type
- Leased
- Premises
Property & lease
- Premises
- Leased
- Rent (monthly)
- $2,500
- Lease Expiration
- Aug 1, 2034
Where it is · New York, New York
Somewhere in New York, New York. The exact address is not on this listing.
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