![[Park Slope Real Estate, listing number 3351437]](https://www.vlshomes.com/images/full/3351437a.jpg)
![[PHOTO]](https://www.vlshomes.com/images/full/3351437b.jpg)
![[PHOTO]](https://www.vlshomes.com/images/full/3351437c.jpg)
![[PHOTO]](https://www.vlshomes.com/images/full/3351437d.jpg)
![[PHOTO]](https://www.vlshomes.com/images/full/3351437e.jpg)
| Description: 3351437 | |
| TURNKEY, FAMILY-OPERATED LAUNDROMAT â?? STRONG CASH FLOW & EXPANSION POTENTIAL Established, family-operated laundromat offering an excellent opportunity for an owner-operator or investor to acquire a proven business with a long-term lease in place and multiple avenues for future growth. The laundromat is currently operating with 30 commercial dryers and 34 commercial washing machines, providing a strong foundation for continued operations. The sale includes a 10-year lease at an attractive $6,500 monthly rent, which includes the full basement. The lease provides for a 2% annual rent increase, offering predictable occupancy costs and long-term stability. For buyers seeking additional security, the lease term may be negotiable for a longer period. The storefront measures approximately 20` x 95`, with an additional 20` x 55` basement currently utilized for drain tanks, supplies, and storage. The property was extended by the current owners in 2017, providing additional operational space. The business is currently operated by the family and has established customer traffic and recurring revenue. There is significant opportunity to increase revenue by adding pickup and delivery, and dry-cleaning services. A rare opportunity to acquire an established laundromat with an existing customer base, substantial equipment, favorable lease structure, and multiple opportunities to grow revenue and profitability. | |
Details: |
||
| Property Type: | Commercial | |
| Built: | 1925 | |
Financials: |
||
| Price: | $450,000 | |
Designed, Developed, Hosted
The Information contained in this Web Site is believed to be accurate but is not guaranteed. This Information is to be used for a reference and any questions that you may have should be directed to the appropriate Real Estate Agent. If you are interested in any of the properties contained within this web site, please contact the appropriate Real Estate Agent. Visual Listing Systems cannot be held responsible for any Errors or Omissions that may occur upon the Publishing of this Information. Visual Listing Systems is not acting as a Real Estate Broker and is only a Publisher of the Material contained within this Web Site. Powered by VLSHomes.com
Terms
Privacy
