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Business for Sale

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Bronx, New York, US

Asking Price$700,000
Annual Revenue$480,000
SDE$162,000

Financial Highlights

Asking
$700,000
Revenue
$480,000
SDE
$162,000

Business Description

8,000 SF laundromat, the largest in the immediate neighborhood, featuring 147 Dexter card-operated machines, including 67 washers across five size categories and 80 dryers in two size categories; machines are approximately 11 years old and well maintained. High-volume, low-cost operator and the cheapest laundromat in the surrounding residential area, with the location operating as a laundromat for over 30 years, supporting long-term customer loyalty and stability. Prime Bronx location just 20 minutes from Manhattan, offering strong upside potential to secure hotel, hospitality, and commercial laundry contracts. Multiple revenue expansion opportunities, including pickup & delivery services, vending income, and dry cleaning operations. Three flexible rental spaces with an estimated income potential of approximately $3,500 per month, suitable for dry cleaning, nail salon, or Amazon last-mile delivery use. Long-term lease security with approximately 9 years remaining, and a landlord willing to offer a new 20-year lease, providing long-term operational stability. Large free public street parking, a major convenience advantage that supports high customer volume. Customer restroom on-site, enhancing customer comfort, dwell time, and overall experience. Total Annual Gross: $480,000, which includes: Self-Service Laundry Revenue: $30,000 / month Wash & Fold Service Revenue: $5,000 / month Laundry Supplies Sales: $5,000 / month Total Gross Monthly Income: $40,000 / month Total Annual Net: $162,000

Business Details

Location
Bronx, New York, US

Growth & Value Simulator

Why this is here: If you buy this business and grow revenue while expenses stay flat, that extra revenue usually drops to the bottom line. A modest growth rate can translate into a much higher exit value because buyers price businesses on earnings × a multiple.
Assumes expenses stay flat.
Minimum 2.5× is common on main-street deals.
Base Revenue
$480,000
Base SDE (today)
$162,000
Implied Value (today)
$405,000 @ 2.50×
Year 3 Revenue
$555,660
Year 3 SDE (flat expenses)
$237,660
Year 3 Implied Value
$594,150 @ 2.50×
Added value after 3 years (vs. today)
$189,150
Assumes revenue grows by 5.0% per year, expenses stay the same, and the valuation multiple stays constant at 2.50×. This is a quick, directional gut-check — not a forecast. Real-world costs and multiples can change.