297 EAST MEADOW Avenue
East Meadow, NY, 11554 $ 185,000
Bedrooms-- Baths-- Sq 1,200 Monthly Estimate*
$ 1,139
for $185,000. This building is 1,200 square feet.
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.**
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Available Sewer Connected Trash Collection Public Water Connected
Appliances Dryer Washer
View Neighborhood
Stories Count 1
Property Subtype Business
Tax Year 2025
Gross Income 204000
Business Type Laundromat
Building Name Three Boys Laundromat
Business Name Three Boys Laundromat
County Nassau County
Operating Expense 11488.52
Property Type Business Opportunity
Facing Direction East
Directions From Hempstead Turnpike (NY-24): head north on East Meadow Avenue. Continue straight past major intersections including Front Street and Prospect Avenue. Follow East Meadow Avenue for about 1–2 miles
City Hempstead
Number Of Units Total 1
Property Attached Y/N Y
Tax Annual Amount 0
Showing Instructions Please send buisness card via text DO NOT APPROACH STAFF
Property Condition Actual
Building Area Units Square Feet
Standard Status Active
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InteriorFlooring Ceramic Tile
Total Stories 1
Basement (Y/N) N
Entry Level 1
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ExteriorParking Features Common Parking Lot Common Parking Lot
Building Area Total 1200
Waterfront Y/N N
Other Equipment Other
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* Excluded FeaturesList ByJesselynn Rivera MRP SRS C2EXListing Agent
Infinity Luxxe Estates LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,139
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in East Meadow, NY
Average List Price $645,000
Percent of Sale Price 249%
About East Meadow, NY 39,433 Population
5% Since 2002
$ 96,698 Median Income
42.58 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/19/2026 | $185,000 | | Listed Price |