Listing ID: 68323

Business Overview

Business Overview:

Established coin-operated laundromat located in a busy Brooklyn neighborhood. The business operates efficiently with a loyal customer base and is equipped with brand-new washers and dryers (2024/2025 models). The laundromat features a pickup and delivery service, wash & fold, and an app that tracks performance for some of the machines.

Financial Summary:

Gross Revenue (August 2025): $12,739 (5 weekends) – slight loss

Gross Revenue (September 2025): $13,001.75 (4 weekends) – break-even month

Gross Revenue (October 2025): $12,856 (4 weekends) – small loss, near break-even

Buyer must consume the loan for the machines -current Loan Balance: $197,160.34 (before last payment of $2,930.50)

No Tax Returns Available

Lease Details:

Monthly Rent: $4,000

Lease Term: 10 years remaining

Renewal: Rent may increase to $4,200 (negotiable with landlord)

Operations:

Hours: 6 AM – 10 PM, 7 days a week

Staff: 3 employees

Total Payroll: $1,392/week ($5,568/month)

Owner Involvement:

Originally 7 days/week; currently weekends only

Owner oversees pickup/delivery, inventory restocking, and operations

Both owners have full-time jobs and manage day-to-day remotely

Equipment:

Washers: 20 units (brand new 2024/2025) – Huebsch Machines

Dryers: 22 units (brand new 2024/2025) – Huebsch Machines

Hot Water Heater: Newly installed

Square Terminal POS

Digital Recorder for Cameras + New TV Installed

Renovations: Approximately $3,000 (new fans, lighting, electric upgrades, etc.)

Services:

Self-Service Coin Laundry

Wash & Fold Service (active)

Pickup & Delivery (currently limited; potential to expand)

Wholesale Account: One active shelter account (room to grow)

Not Listed on Delivery Platforms (delivery.com, etc.—growth opportunity)

Highlights:

Fully operational and recently upgraded laundromat

Low overhead with stable lease and new equipment

Strong potential to increase revenue through app integration and delivery services

Perfect for owner-operator or investor seeking semi-passive income

Seller open to partnership discussions but prefers full sale

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $180,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Other business interests.