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20+ Yrs Well Established Reputable Coin Laundromat, Western Nassau County

Nassau, NY

Service Businesses

20+ Yrs Well Established Reputable Coin Laundromat, Western Nassau County

Asking price

$220,000

Cash flow (TTM)

$52K

Reported by seller

Revenue (TTM)

$125K

Reported by seller

Inventory

Private

Released after NDA

EBITDA (TTM)

$52K

Reported by seller

ScoutSights · Computed insights

The narrative

A look inside 20+ Yrs Well Established Reputable Coin Laundromat, Western Nassau County.

<p><strong>Owner operated, well established for 20+ years, reputable immaculate, coin laundromat for sale with drop off full services in western Nassau county.  In front of the Nassau Inter County Express (NICE) bus stop.  Down the block to a major traffic intersection with investment grade credit tenants and branded gas stations.  10 minute drive to LIRR train station.  Great foot, around 19k+ daily car traffic, large display window, street and sign frontage!</strong></p><p><strong>Open 7 days a week.  20 Wascomat (50/30/18 lbs) coin operated washers and 20 Huebsch coin dryers.  Spacious street floor around 1,200 square feet with cellar storage space around 400 sq ft.  High ceiling fans up to 12 feet with HVAC central ac and heat.</strong></p><p><strong>New point of sale credit payment system installed last month for drop off.  Around $125k yearly gross income and around $51k yearly net cash flow.  Around 65% of income is from drop off.  Loyal clientele.</strong></p><p><strong>Monthly rent is $4k which includes $700 monthly property taxes.  8 years remaining on lease with a renewal option.  Asking $220k @ 23% cap!</strong></p><p><strong>For questions and appointments, contact Diane Mi Ryoung Chong at 718-640-4431, michong2009@gmail.com.  Real estate agent at Hanmi Realty.</strong></p>

The fine print

Detailed information.

IndustryService Businesses
Employees0
Real estatelease
LocationNassau, New York
Property typeRetail storefront
Year established2006
Monthly rent$4,000/mo

BizScout Score

How this listing scores against everything else on BizScout.

An at-a-glance read on listing quality. Higher means the deal is well-priced, the financials look healthy, and the data is well-documented. A low score often means the seller hasn’t shared enough data yet, not that the deal is bad.

72
BizScout Score
0 · Poor50 · Fair75 · Good100 · Excellent

Why this score?

Historical comps

How this asking price compares.

Compare this listing against same-industry asking prices in the BizScout listings database — peer percentiles, sector asking-price multiples, and the 18-month asking-price trend.

Recent comparable sales

Industry context

The industry this business sits in.

Size, momentum, structure, and where the risk concentrates.

Location & catchment

Nassau, New York

Reference data sourced from Census ACS, Census County Business Patterns, and NOAA Climate Normals. Exact address shared after NDA.

Why this deal stands out

The case for this acquisition.

Scannable cards on owner involvement, asset transfer, revenue quality, and other deal-shaping signals pulled from this listing.

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Asking price

$220,000

View on BizScout