20+ Yrs Well Established Reputable Coin Laundromat Western Nassau County

Owner operated, well established for 20+ years, reputable immaculate, coin laundromat for sale with drop off full services in western Nassau county.  In front of the Nassau Inter County Express (NICE) bus stop.  Down the block to a major traffic intersection with investment grade credit tenants and branded gas stations.  10 minute drive to LIRR train station.  Great foot, around 19k+ daily car traffic, large display window, street and sign frontage!

Open 7 days a week.  20 Wascomat (50/30/18 lbs) coin operated washers around 17 years old and 20 Huebsch coin dryers around 17 years old.  Spacious street floor around 1,200 square feet with cellar storage space around 400 sq ft.  High ceiling fans up to 12 feet with HVAC central ac and heat.

New point of sale credit payment system installed last month for drop off.  Around $125k yearly gross income and around $51k yearly net cash flow.  Around 65% of income is from drop off.  Loyal clientele.

Monthly rent is $4k which includes $700 monthly property taxes.  8 years remaining on lease with a renewal option.  Asking $220k @ 23% cap!

For questions and appointments, contact Diane Mi Ryoung Chong at 718-640-4431, .  Real estate agent at Hanmi Realty.