Description
For sale! Laundromat BUSINESS - the legendary Campus Laundry near University at Buffalo! Grosses $600-$800/wk. There are NO financials available. Buyer can accompany collections for revenue verification. This is a fixer upper laundromat! Could use new equipment, remodel, and re-brand but has been a laundromat for over 40yrs and has sooo much potential. It is in a stand alone building. The mechanics are in great shape but will be the business buyers responsibility. Sale includes the infrastructure and all laundromat equipment. Could use cosmetic updates. All new smart equipment was quoted through Dexter brand. Can be done in phases over time or can be done creatively by repairing or buying used. The first 6 months of rent can be negotiable to allow the new owner to ramp up the business. Near colleges and many multi-family homes and apartment buildings. Could use a fresh, ambitious, and excited new owner. With a complete re-tool and proper PR, projected revenue can be ~$2,500/weekly. There is no seller financing available. THE BUILDING IS NOT FOR SALE. The business broker can consult fluently as she also owns laundromats herself.
-
0BEDS
-
0.08ACRES
-
0BATHS
-
01/2 BATHS
-
1,336SQFT
-
$45$/SQFT
Description
For sale! Laundromat BUSINESS - the legendary Campus Laundry near University at Buffalo! Grosses $600-$800/wk. There are NO financials available. Buyer can accompany collections for revenue verification. This is a fixer upper laundromat! Could use new equipment, remodel, and re-brand but has been a laundromat for over 40yrs and has sooo much potential. It is in a stand alone building. The mechanics are in great shape but will be the business buyers responsibility. Sale includes the infrastructure and all laundromat equipment. Could use cosmetic updates. All new smart equipment was quoted through Dexter brand. Can be done in phases over time or can be done creatively by repairing or buying used. The first 6 months of rent can be negotiable to allow the new owner to ramp up the business. Near colleges and many multi-family homes and apartment buildings. Could use a fresh, ambitious, and excited new owner. With a complete re-tool and proper PR, projected revenue can be ~$2,500/weekly. There is no seller financing available. THE BUILDING IS NOT FOR SALE. The business broker can consult fluently as she also owns laundromats herself.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than BridgeView Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2025-01-16T20:13:59.58.
Listing information © 2025 CNYIS, GENRIS, WNYREIS. Listing provided by Shannon Mcnichol of Nichol City Realty : 716-480-8117.