
297 EAST MEADOW Avenue, Hempstead, NY, 11554
$165,000
$185,000
activeStories
1
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Turnkey, income-producing laundromat available in a highly desirable East Meadow location 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 a healthy gross monthly revenue with 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 **Confidential sale. Please do not approach staff or ownership directly. All inquiries must be handled through proper channels.**
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Listed by Jesselynn Rivera MRP SRS C2EX, INFINITY LUXXE ESTATES LLC
Based on information submitted to the MLS GRID as of Apr 30, 2026, 8:21 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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