Established Laundromat - Prime New York Investment Opportunity
This successful laundromat operation offers an attractive investment in New York's essential services sector. Established in 2016, the business has maintained continuous operations and developed a loyal customer base over eight years of service.
Business Overview:
Operating from an 1,800 square foot facility, this laundromat maximizes revenue potential through 24-hour service availability. The round-the-clock operation caters to New York's diverse population, capturing customers across all schedules and lifestyles.
Location Strengths:
- High-visibility street-level position on busy thoroughfare
- Excellent foot traffic and accessibility for customers
- Strategic positioning in densely populated New York market
- Ground floor exposure ensuring maximum visibility
Financial Structure:
- Investment Price: $485,000
- Monthly Lease: $8,000
- Lease Term: Secured through November 13, 2035
- Real Estate: Leased arrangement providing operational flexibility
Operational Advantages:
The 24-hour operating model creates multiple revenue streams throughout the day, accommodating working professionals during off-peak hours and families during traditional business hours. This extended service window significantly enhances earning potential compared to limited-hour operations.
Facility Details:
The 1,800 square foot space provides adequate room for equipment placement, customer convenience, and potential future expansion or service additions. The substantial square footage supports efficient workflow and customer comfort.
Transition Support:
The current owner demonstrates commitment to successful ownership transfer by offering negotiable training and support services, ensuring new owners understand operational procedures and customer service expectations.
This laundromat represents a stable investment in an recession-resistant industry with established customer patterns and long-term lease security in one of America's most vibrant metropolitan markets.
Ad#:2440558
