Listing Summary

Absentee Western Nassau County Card Laundromat - $140K Net with an asking price of $900K, reported annual revenue of $419K, and SDE of $140K. Located in Floral Park, NY. Price/SDE multiple: 6.4x.

Deal Signals

Healthy reported margin
Potential absentee-owner fit

Questions to Ask Before Offering

Can the seller provide trailing 12-month profit and loss statements plus tax returns?
What are the lease terms, renewal options, rent increases, and landlord assignment requirements?
What is the age, brand, and condition of washers, dryers, boilers, card systems, and vending equipment?
Can utility bills verify the reported revenue and operating margin?
Why is the asking price high relative to reported SDE?

Verification Notes

Source indexed; financials have not been independently verified. Request supporting documents before submitting an offer. Ask for profit and loss statements, utility bills, equipment list, lease terms, and tax returns before signing an LOI.

More laundromats for sale: Floral Park, NY · New York · all states

Source: Original source listing

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