Established Laundromat with Substantial Growth Potential For Sale

Established Laundromat with Substantial Growth Potential
Photos on request

$265,000

For Sale

Asking price

Financials

Annual Revenue
$96,000
Annual Profit
SDE
Approx. Inventory Value
$5,000
Approximate FF&E
$85,000

The asking price is 2.8× the annual revenue — a common way to evaluate whether a business is fairly priced.

6.7
Worth exploringVenturu AI
Price vs. incomeLease situationAbout the broker: Kingsley Allison

Key Details

Number of Employees
2
Business Type
Laundromat and Coin Laundry Business

Details

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.

Property

Rent
$2,500
Rent Schedule
Monthly
Lease Expiration
Aug 1, 2034

Location

Approximate location — the exact address is shared after you connect with the broker.

Price & Financing

Asking Price
$265,000
Buyer Financing

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The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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Kingsley Allison

Thinking of selling your business?

Work with Kingsley Allison to price confidently, position your listing, and attract qualified buyers.

Verified broker · 26+ years experience · Active on Venturu marketplace

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