Home Details for 297 EAST MEADOW Avenue

Turnkey, income-producing laundromat available in a highly desirable East Meadow location. Offered at **$185,000**, this is an exceptional opportunity to acquire a well-established, essential-service business with consistent cash flow, stable operations, and meaningful upside potential. Laundromats are known for their resilience across economic cycles, making this an attractive investment for both owner-operators and passive investors seeking dependable returns. The business currently generates **gross monthly revenue between $15,000 and $17,000**, demonstrating steady performance and an established customer base. Operating costs are well managed, allowing for healthy margins and immediate income from day one. The operation runs smoothly with systems already in place, making it ideal for a buyer looking for a seamless transition without the startup risks associated with a new business. This fully equipped facility includes **16 washers and 18 dryers**, all owned outright and in good working condition — no costly equipment leases to assume. Ownership of the machines provides stronger long-term profitability and greater operational control. In addition to the laundry equipment, the sale includes folding tables, laundry carts, a point-of-sale (POS) system, security camera system, and exterior signage. The infrastructure is already in place for continued efficient operation. The laundromat is open daily from **7:00 AM to 8:00 PM** and offers multiple revenue streams, including: • Self-service laundry • Wash-and-fold services • Pickup and delivery services These diversified income channels help stabilize revenue and create opportunities to further expand margins. A new owner could increase profitability through targeted local marketing, social media promotion, developing commercial accounts (such as salons, restaurants, and medical offices), extending operating hours, or modernizing equipment for premium pricing opportunities. Strategically positioned along a busy commercial corridor, the business benefits from steady foot traffic and strong neighborhood visibility. The surrounding residential density supports repeat customers and consistent demand. With an established reputation in the community, this laundromat offers both reliability and growth potential. This opportunity is well suited for: • An owner-operator seeking to actively manage and increase earnings • An investor looking for a recession-resistant, essential-service business • An entrepreneur seeking predictable cash flow with manageable overhead With equipment ownership, multiple service offerings, and a strong location, this laundromat represents a compelling value relative to the asking price. The foundation is solid, and there is clear room to scale operations and enhance profitability. **Confidential sale. Please do not approach staff or ownership directly. All inquiries must be handled through proper channels.**

• Utilities

  • Natural Gas Available
  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available
  • Sewer Connected
  • Water Connected

• Parking

  • Common
  • Parking Lot

• Cooling Information

  • Central Air

• Heating Information

  • Electric

• Water Features

  • Public