Listing ID: 70179

Business Overview

Asking Price: $340,000
Annual Revenue (2025): ~$220,000
Net Profit: ~$90,000
Ownership: Semi-Absentee

Business Overview

Rare opportunity to acquire a long-established laundromat in the Bronx operating for approximately 30 years. The business has built a strong neighborhood customer base and steady recurring revenue.

The current owner has operated the laundromat for five years and is now planning to retire and relocate, creating a smooth transition opportunity for a new owner.

The business runs semi-absentee, with one long-time full-time employee managing most daily operations while the owner stops in periodically to oversee the business.

Additional revenue streams include wash & fold, dry cleaning services, soap sales, and pickup & delivery, with strong potential to expand pickup and delivery in the surrounding area.

Equipment

• 19 Washers (approximately 15–20 years old)
• 20 Dryers (approximately 12 years old)
• Coin Operated Machines
• Established store layout serving the local neighborhood

Lease

• Rent: $3,600 per month
• 5 Years Remaining on Lease

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: $340,000
  • Cash Flow: $90,000
  • Gross Revenue: $220,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • 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
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.