Listing ID: 70794

Business Overview

Business Highlights

Established Ownership: Current owner has owned and operated the business for 4 years, building a stable foundation of systems, staff, and customer base

Absentee-Run Operation: Business runs successfully without day-to-day owner involvement; current owner pops in occasionally to check on operations, demonstrating the model works under absentee ownership

Trained, Stable Team: Staffed by 4 core team members who handle daily operations, with additional floaters brought in as needed to cover peak times, vacations, and coverage gaps

Industry-Leading Equipment: Fully outfitted with 28 Dexter washers and 30 Dexter dryers — 10 of which are newer machines (2.5 years old, installed under current ownership) and older units (approximately 12 years old); Dexter is widely regarded as the gold standard in commercial laundry equipment for durability, efficiency, and long service life, with older machines known to reliably run 20+ years when properly maintained

Modernized Payment System: Equipment upgraded from traditional coin-op to the LaundryWorks card system, reducing cash handling, simplifying reporting, and allowing price adjustments without recoining machines

Pickup & Delivery Program: Pickup and delivery service was implemented under current ownership and has been instrumental in securing commercial contracts, providing a built-in growth channel beyond walk-in traffic

Revenue Concentration: Self-service approximately 50% ($151,480), PUD/commercial approximately 28% ($83,600), and wash & fold approximately 22% ($64,920) of $300,000 total gross revenue

Self-Service Driven Revenue: Sales mix is primarily self-service, supporting strong margins and lower labor intensity, with wash & fold and commercial pickup/delivery as complementary revenue streams

Prime High-Density Market: Located in one of Westchester County’s most densely populated cities — a Westchester County, NY suburb bordering the Bronx with over 16,000 residents per square mile and a renter-majority population (~62%), delivering the exact customer base that drives consistent laundromat demand year-round.

Long-Term Lease Security: Originally signed as a 20-year lease with approximately 16.5 years remaining, removing location risk for a buyer and supporting long-term financing

Seller Transition Support: Owner is willing to stay on for training and transition support as needed, helping ensure continuity of operations, staff, and commercial accounts through the handover

Reason for Sale: Owner is divesting to focus capital and attention on other business interests that have grown to require her full-time attention.

Rent: $34,608 ($2,884 a month)

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: $500,000
  • Cash Flow: $102,308
  • Gross Revenue: $300,000
  • 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.