NYC Uptown Laundromat In Manhattan For Sale

Business description

Located in NYC Laundromat in extremely safe upper west side area of Manhattan. Over populated with many apartment buildings. This Laundromat is run completely absentee. This is a down fall as it needs an owner operator to bring it to the next level.

Laundromat although tight can use more help. 33 machines, 19 washers, 14 dryers all coin operated Huebsch.

Open 7:00am to 10:00pm daily. Can stay open 24 hours.
11 year NYC lease rare. Offers dry cleaning service.

For further information, please contact Vito Mastromonaco by clicking on the contact seller button below.

Property information

Premises details:

1000sq.ft of activity. Street parking, good lease for NYC 11 years. 33 Huebsch machines. Busy at all times

Business Operation

Expansion potential:

Possibility of purchasing building and opening for 24 hours. It would do business during this time.

Competition / Market:

In Manhattan you can find at least one Laundromat on every square block. This square has one and this is the one

Reasons for selling:

Owner selling off all his Laundromats

Trading hours:

7 days 7:00am-10pm

Employees:

18

Years established:

25

Other information

Support & training:

two weeks

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$500