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Housing Wanted

Laundromat For Sale -Mount Vernon 21 Years Establish $159,000 Mount Vernon

Laundromat For Sale -Mount Vernon 21 Years Establish 9,000 Mount Vernon
Location: new york city




2025-09-23 18:12

$159,000 / 740ft2 – LAUNDROMAT FOR SALE -MOUNT VERNON 21 YEARS ESTABLISH (MOUNT VERNON)

NORTH 5TH AVE, Mot Vernon, NY 10550

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Laundromat For Sale -Mount Vernon 21 Years Establish $159,000 Mount Vernon


NORTH 5TH AVE near GRAMATAN


740ft2

license info:
BROADWAY REAL ESTATE

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Ladromat For Sale Mot Vernon NY 21 years established business absentee owner looking to move on :

14 Dryers
12 Washing Machines (2 -60lbs, 4 -30lbs, and 6-20lbs)

1 Combo snack and soda vending machines
1 Combo SOAP Vending Machine
New system updated for wireless card reader with credit card system adapter
Self Service is doing an average of $7,200 per month
Drop off was doing $1,200 per week of $4,800 per month but owner stop because of health issues.
Can do a year $144,000 or more
This business is perfect for a owner / operator or someone looking to re-establish the drop off and grow the business lots of potential :
EXPENSES
10 year lease $2,500 with 3% escalations
Water & Sewer per year $5,000
Con Edison $16,800 per year
Insurance $2,800
Supplies $4,800
WIFI-$1,500
Accoting $1,000
Labor : $31,200 per year

asking $159,000
(card reading machine and vending machines are less then 2 years old cost was $40K)

post id: 7883709029

posted: 2025-09-23 18:12

updated: 2025-09-23 18:22



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