Recently Renovated Premium Laundromat Investment Opportunity
Laundromat with Wash and Fold Services in Suffolk County, NY
On NextCompany since September 13, 2026 (32 days)
NY area
Business overview
This laundromat provides wash and fold services in Suffolk County, NY, with minimal competition for high-end service. The business operates with minimal owner involvement and employs 3 people. The owner seeks to focus on other business interests.
The asking price is $4,000,000. The business reports gross revenue of $1,100,000 and seller's discretionary earnings of $485,000.
Who is a good fit for this business
- Buyers seeking limited daily involvement can consider an operation that reports minimal owner participation.
- Laundry operators seeking expansion into high-end wash and fold services can consider the business's minimal competition.
Details
- Reason for selling
- Other business interests.
- Real estate
- Leased
Frequently Asked Questions
The laundromat occupies 1,800 square feet of air-conditioned space with modern aesthetics. The business holds a 15-year lease.
The laundromat uses 27 washers and 36 dryers. The washers have served for 10 years; the dryers are slightly older.
The seller provides training and support to help the incoming owner take over operations. The transaction excludes inventory.