Great Location Established Laundry in the Bronx

Well established Laundromat in the the Bronx 1600 sq. ft store in high traffic, prime location with so much growth potential. This is a rare opportunity to own and operate a very successfully run laundromat
Coin operated with consistent stable revenue, ready for a savvy entrepreneur. The potential to scale this business is endless.
23 Washers, 24 dryers
1 large, 7 medium, 15 small
2 employees
5-year new lease
Annual rent increase of 5%
Current owner took over 2-3 years ago
Monthly revenue: $24,000-$30,000
Monthly expenses: $9,000-$14,000
Rent: $3,100
Insurance: $145
Property tax: $380
Water bill: $7,700 per quarter (3 months)
Electricity and gas bill: $2,400-$2,945/month
Garbage: $37 per week
Maintenance: $50-$250 per month
Employee wages: $3,000-$4,000 per month
Net income: $10,000-$15,000/month
Hours of operation:
6:30 AM - 8:00 PM, 7 days a week
The owner will train a qualified buyer....Serious inquires only and proof of funds are required....Please call for more information.

https://youtu.be/WcHTpH0ymQk