Investment summary
$340,000
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Established self-service and wash-fold laundromat in the heart of Astoria's Greek community on Steinway St, just steps from the N/W train. 2,400 sq ft facility with 38 high-efficiency washers (including 6 large-capacity units) and 30 dryers. Strong cash flow from coin-op machines plus growing wash-fold service catering to busy professionals and families. Loyal customer base built over two decades. Rent is $4,200/month with 5 years remaining on lease. Equipment well-maintained with recent upgrades to energy-efficient models. Minimal staffing required — owner works 15 hours/week, one part-time attendant handles wash-fold overflow.
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