Completely Turn Key Coin Laundromat
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Turn-Key1400 sqft Laundromat for sale on the beautiful Finger Lakes in New York. Over $120,000 in recent upgrades and equipment w/ transferable equipment warranties. High traffic location and the only Laundromat in town. Numerous ways available to further increase income. Extremely low maintenance. Located in Hammondsport, NY voted best small town in America. Ample parking, newly constructed outdoor deck with seating. Small plaza. Ten year lease will be part of sale with a fixed monthly rate of $975.
All equipment has been replaced within the last year and all warranties are transferable to the new owner. Over $120k invested in new equipment within the last 2 years:
6 Huebsh top loaders
7 30lb High Efficiency Maytag Front Loaders
4 40lb Advanced program Huebsh Washers
1 60lb Advanced program Huebsh Washer
8 (4 double stack) 45 lb Huebsh gas dryers
8 (4 double stack) 30lb Huebsh gas dryers
2 Change Makers- Front Load Single Bill Changers
New $10,000 Boiler set-up installed January, 2012
Laundromat also includes:
2 - Coin operated Laundry Detergent Dispensers
4 - Laundry folding tables
Stereo System
Security System
The Laundromat is centrally located in the heart of town. This is a money making business with opportunity for added income by adding vending machines for added traffic and income. There's also ample room for a Wash/Dry/Fold station for the seasonal lake traffic for those patrons in a hurry who'd, rather be out enjoying Keuka Lake or the towns' activities than washing clothes. The money earning potential is endless! Owner has other interests and cannot give it the attention needed to grow.
Other tenants in the small strip plaza are long-term occupants. Jump on this opportunity! The Laundromat has proven sales history and established patrons. This is a Maintenance Free, Turn-Key setup. An owner/operator can really grow this business! Call for more info 904-415-7142. Seller motivated $325,000.
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