Laundromat For Sale

Business description

Currently run completely absentee – Laundromat located in densely populated (apartment dwellers) on the island of Manhattan – 60% coin, 40% Wash/fold. Have all Huebch machines 2000 – 19 washers (2 - 50lb) (5 – 27 lb) (12 – 18lb.). 20 DBL stacked 30lb dryers – help not aware who owner is. TV, soap vending machine, bill charger, multiple rolling baskets, work counters. Owner says this Laundromat as all Manhattan Laundromats should be open 24 hours (some are) and would do business all night long. Great 15 year lease has full basement. Financing available thru loan company yes financing thru Loan Company. This area of Manhattan is densely populated and the noted for Laundromats is always a factor in area residents lives.

Other information

Expansion potential:

Opening 24 hours – would do business entire night.

Competition / Market:

On the island of Manhattan there is no such condition of competition – not enough Laundromats.

Support & training:

2 weeks

Reasons for selling:

Owner selling all interest

Trading hours:

7 days 7:00am-12:00am

Furniture / Fixtures value:

$250 (included in the asking price)

Inventory / Stock value:

$400