Service Businesses
Profitable Manhattan Laundromat Business with Seasoned Staff
Manhattan, New York
$599,000
Asking Price
$150,000
Cash Flow
$400,000
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
An absentee-run laundromat in Manhattan with a seasoned staff, located in a busy area with many renters. The current coin-operated system can easily be converted to a card system. Equipment includes 26 washers and 26 dryers. The landlord will sign a new lease with the buyer at $7,500 per month. A confidentiality agreement is required for the exact location.
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