Chanty

Expect a total acquisition cost of $100,000 to over $400,000, with top-performing stores in NYC listed for up to $1.9 million.

Buying a laundromat in NYC is a significant investment that offers recession-resistant potential, often boasting a 95% success rate over five years. However, it is a high-cost, labor-intensive business that requires meticulous due diligence, particularly regarding lease terms and equipment condition.

While often called passive, NYC laundromats require 4 hours of daily work, including maintenance and wash-and-fold services. 1. Market Overview & Costs

A profitable store typically generates over $25k gross per month, with profit margins of 20% to 35%.

The best locations are in high-density, working-class areas with minimal in-unit laundry.

What are some things to watch out for when buying a laundromat?

Add comment

Start using
Chanty today

Get Started Get free eBook! based on 1000+ reviews

Get more work done, together

Join Chanty – all-in-one collaboration tool
to make your team super productive.
Unlimited message history. Free…Forever.

Improve your team communication with Chanty

Improve your team communication with Chanty

buy laundromat nyc

Get in touch!

Your feedback matters. Please, share your thoughts and ideas, describe a problem or give us information on how we can help.

Hi there! 👋 A quick question:
Do you have a team at work?

Yes
No

Times change...
When you do have a team, come back and give Chanty a try!

Let me try now

Sounds great!
Do you think your team can be more productive?

Yes
No

Teams using Chanty save up to 3 hours daily.
Would you like to give Chanty team chat a try?

Yes
No

Small businesses love Chanty.
If you change your mind, feel free to come back!

Join Chanty

We'd love to tell you more!

Learn how your business can benefit from Chanty on a demo call with our team. Bring your colleagues. Zero technical experience required.

Choose wisely! Thank you, I'll schedule my demo call next time.