Seller's Contact Information

  • RE:  High Gross/Profitable Laundromat In Midtown N.Y
  • Contact:  Richard Kim
Listing Update!
Update: High Gross/Profitable Laundromat In Midtown N.Y  is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry.

Business Overview:

High Gross Laundromat with 4 Years old Wascomat with 15 Washers and 14 Dryers at High Traffic in High dense residential and commercial Area in Midtown Manhattan.Long reasonable rent including water bills.There is great potential for Growth. Please contact us for more details. All data is reliable but accuracy and completeness is subject to verification through due diligent work by buyers under their sole responsibility.The Broker does not represent or guarantee accuracy and completeness of all data.

Reason for Selling:

Health

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

<<<<<<< Updated upstream

Listing Update!

Update: High Gross/Profitable Laundromat In Midtown N.Y  is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.

Similar Active Listings That May Interest You:

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Opportunity Update!

Exciting update: High Gross/Profitable Laundromat In Midtown N.Y has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

>>>>>>> Stashed changes
Asking Price: $275,000

Coin Laundry Laundromat for Sale

Not Disclosed, TX
Tarrant County

Coin Laundry Laundromat for Sale! A well-established coin laundromat in West Dallas is now available for acquisition, offering significant growth potential. Established in 2004 and acquired by the current owner in 2015, this self-serve laundromat has been serving the local community for nearly two decades. The business provides customers with self-serve washing machines and complimentary drying with every wash, as well as selling laundry-related products for added convenience.Located at a prime intersection surrounded by other businesses and a residential area, the laundromat benefits from excellent visibility and accessibility. The 3,000-square-foot facility is situated within a retail strip with ample parking, serving a predominantly low-income customer base. While there is some competition in the area, this laundromat stands out due to its long-standing presence and strong reputation for quality service. Customers consistently praise the cleanliness and maintenance of the facility, further cementing its position as a trusted local business.For marketing the laundromat currently relies on word of mouth and a Google Maps page for reviews, but there is ample opportunity for growth through targeted marketing strategies such as direct mailers or social media advertising. Additionally, expanding services like offering wash-and-fold options could appeal to nearby college students, providing another avenue for increased revenue.The current owner operates the business on a semi-absentee basis, overseeing financials with minimal day-to-day involvement. This presents a unique opportunity for a new owner to increase involvement and drive further financial growth. With other opportunities, the owner is seeking a qualified buyer to take over this well-established laundromat with untapped potential for expansion and new services to capitalize on its growth opportunities.

Cash Flow $62,602
Revenue $257,538

Asking Price: $150,000

Dry Cleaner and Pickup Station

Not Disclosed, TX
Dallas County

Dry cleaner for sale! Long standing dry cleaning pick-up station nestled in the heart of East Dallas is now available for acquisition. With nearly four decades of history, this business closed briefly in 2008, only to be revived by the current owner in 2009, breathing new life into its storied tradition. Specializing in full-service dry cleaning, laundry, and meticulous alterations for a diverse array of garments and household items, this station is a cornerstone of the community's fabric care needs.The core of its operations revolves around dry cleaning and laundry services, constituting a staggering 95% of its revenue stream, supplemented by expert alterations catering to clothing, wedding gowns, and even household essentials like rugs and comforters. Leveraging an outsourced dry cleaning plant ensures seamless workflow efficiency, while two dedicated front counter employees oversee the daily operations with precision and care.Conveniently situated at the end cap of a bustling retail center, this gem benefits from prominent visibility at a major intersection, drawing in consistent foot traffic from nearby national grocers and retail outlets. Its loyal customer base, predominantly comprising mid-income individuals and families, including a significant presence of blue-collar workers, many are regular return customers.The business's success is further underscored by its impressive financial performance, boasting a remarkable 15% year-over-year growth in sales for 2024. Anchored by a modest monthly rent of just $3,000, profitability surpasses that of comparable satellite stations in the area.Despite its sterling reputation and loyal clientele, the business has yet to explore the realm of marketing, relying solely on word of mouth. However, with the potential for online-based initiatives, there exists a prime opportunity to catapult growth to new heights.For a seasoned dry cleaning plant owner seeking expansion into the East Dallas market, this acquisition presents an ideal opportunity to capitalize on an established presence and propel operations to the next level. Don't let this chance slip by?seize the reins of this esteemed establishment with growing sales!

Cash Flow $66,258
Revenue $247,916

Asking Price: $299,900

Highly Profitable Dry-Cleaning, Turnkey,

Not Disclosed, DC
District of columbia County

Are you looking for a thriving, cash-flowing business with a loyal customer base? This highly profitable dry cleaning business is now available for sale! Located in a prime area with great foot traffic, this well established operation has been serving the community for over 40 YEARS, and has built an excellent reputation for quality service and reliability.Strong Financial Performance - Consistent revenue with great profit margins. Over $300,000 in sales in 2024.Established Customer Base - Repeat clientele and word-of-mouth referrals.Prime Location - Located in one of the three richest zip codes in Washington DC, this business does extremely well in it’s busy commercial/residential area.Owner has ensured the state of the art total management system and technology to meet the challenges of maintaining the large variety of customers items. Facilities including excellent decor and interiors works that are well maintained and tidy to serve the customers daily with a classic ambiance every time the patrons visit the store. It is always a happy experience visiting the store for customers and vendors alike.This is a great opportunity for an entrepreneur looking to enter the dry cleaning industry or an existing operator seeking to expand. The current owner is willing to provide training and support to ensure a seamless transition. Serious inquiries only. Financials available upon request with NDA. Don't miss out on this lucrative business.Contact us today!

Cash Flow $73,830
Revenue $295,138
$ Owner Financing Available

Asking Price: $1,000,000

Laundromat and Car Wash for Sale

Not Disclosed, TX
Dallas County

Laundromat and car wash for sale! A well-established laundromat and car wash, including real estate, is now available for acquisition in East Dallas. Originally founded in 1980 by a previous owner, the business was acquired by the current owner in 2021. Since its inception, sales have remained consistent. The coin laundromat offers self-serve wash and dry services, while the car wash features four self-serve bays with vacuum stations.The location in East Dallas is ideal for both industries, situated in a densely populated residential area surrounded by single-family homes, convenience stores, and other small businesses. The typical customer base consists primarily of middle-class Hispanic and African American individuals and families.Despite the presence of several competitors in the local area, the market is saturated and set, preventing new competition from entering. This business distinguishes itself with quality, convenient services in a highly visible location, allowing customers to wash their laundry and car simultaneously at adjacent facilities.The business has maintained consistent sales without significant marketing efforts, relying on word of mouth, a prime location, and newer machines to attract a loyal customer base. However, proactive marketing through direct mail and securing corporate accounts could further enhance revenue growth.Currently, the business operates on an absentee owner model, with the owner primarily handling coin collection and bookkeeping. A hands-on owner-operator could significantly reduce wage expenses and benefit from increased cash flow. This presents a lucrative opportunity for a qualified buyer to acquire a well-established coin laundromat and car wash, complete with real estate, in East Dallas.

Cash Flow $123,789
Revenue $267,679

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