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This 20 year old laundromat is located in a heavily populated area on long Island. It is doing business in a non-competing environment as it is the only laundromat in the area. It has 18 washers and 16 dryers; all are in excellent condition. 80% business is drop-off, which is highly profitable. The seller, for personal reasons, closes the business at 3pm. A great opportunity for a new buyer to open till 8pm to increase the revenues. Seller's net cash flow, after paying all the expenses, is over $80,000 a year. Easy to run, very low overhead expenses, low rent, and a long lease. Call Syed for more information.
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