LISTING #8

$575,000

BUSY QUEENS AREA
20 YEAR LEASE
PARKING AVAILABLE

LISTING #8
 

Great investment opportunity. Owner-absentee business

4000 sq ft laundromat facility established 13 years ago
Owner absentee business
Owner retired 2 years ago
60 washers and 60 dryers
Parking lot attached
Located on a main street in a busy Queens area
Before the owner retired the store was making over $800k a year!
Investors can enjoy a $130k net profit or an operator can increase the business and cut on expenses to bring the #s back up.
20 year lease remaining

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