Laundromat, Great Location in Putnam County, NY

Price: $180,000

Location: Mahopac, NY 10541

Industry: Service Businesses

Listing ID: P121123

Asset Sale – This laundromat is a well-established business in beautiful Putnam County, NY. It is a highly visible location in a small retail shopping strip very close to Lake Mahopac and surrounded by a strong and vibrant community of renters and private homeowners. It has good neighboring tenants and parking onsite.
The store has received upgrades with new plumbing, new hot water heating, and washers replaced.
* 19 IPSO microprocessor-controlled washers ranging from 20 lb to 50 lbs (preowned).
* 14 Huebsch Stack Dryers with 28 total pockets 6 x 45lbs and 22 x 30lbs.
* Approximately 1900 square feet of total space
* Can run staffed or absentee
* Drop off counter and office
* Coin Machine
* Soap and snack Vending machines
* Large folding tables
* Very good lease and landlord.The business was recently closed for renovations and is ready to re-open. It has been well established and serving the area for almost 40 years, has excellent growth potential in a high demand area for self-service, drop off service, and route building/delivery service. Priced aggressively for quick sale. Excellent value and comparable to new builds costing 3 to 4 times as much.

Listing Details

FFE: $180,000 (Included in Price)

Reason For Sale:

Seller purchased as spec investment to renovate and flip. Has other interests.

Operation

Year Established: 1980s

Year of Last Acquisition: 2023

Location

Lease Option: 5 years + 5 year option

Monthly Rent: 2,200

Type of Location: Retail strip with parking in front and back

Square Footage: 1900 est

Facilities Information:

recently closed and renovated with new plumbing, hot water, and washers replaced with pre-owned washers in great shape.