Service Businesses
Profitable Laundromat in Bronx Housing Complex with Low Rent
Bronx, New York
$2,300,000
Asking Price
$371,000
Cash Flow
$625,000
Gross Revenue
$NaN
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
Modern and well-maintained laundromat in a NYC housing complex, generating around $31,000 in monthly net profit with new equipment and a large facility. The absentee owner oversees operations remotely, supported by a team of 2 full-time and 2 part-time employees. The 6,300 sq ft facility includes unused space for potential expansion. Fixed water cost of $567/month. Located in Bronx, New York.
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