Established Cash-flowing Laundromat for Sale in New York, NY
Why this business stands out
This well-established laundromat in the New York metro area operates from a densely populated residential neighborhood in Brooklyn with 40 washers and 42 dryers, generating consistent demand from the surrounding community. A nine-year lease with favorable remaining term provides operational security for a new owner. Seller discretionary earnings of $140,000 on a $700,000 asking price reflect solid cash flow for a self-service business with minimal staffing requirements.
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Frequently asked questions
How much does this personal services business cost?
The asking price is $650,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.
Where is this personal services business located?
It operates in the New York-Newark-Jersey City area. The exact city is shown after you create a free Searcher OS account.
Can this acquisition be financed with an SBA loan?
Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.