Established Coin Laundry Business for Sale

This well-established coin laundry has been operating successfully at the same location for over 25 years.

The current owner has operated the business since July 2019. The laundromat is primarily employee-run, requiring minimal owner involvement, making it an excellent semi-absentee ownership opportunity.

Business hours are from 6:30 AM to 9:30 PM, seven days a week. The owner currently visits the store only on Mondays and Fridays to collect coins and inspect equipment, typically arriving around 9:30 AM and leaving by approximately 2:00 PM.

The current rent is $9,430 per month, including CAM charges, with annual increases of 3%. The lease runs through July 31, 2029, and includes an additional 10-year option. The business is staffed by two full-time employees and one part-time employee.

Gross sales for 2025 totaled $267,803. Average monthly gross sales from January through May 2026 were approximately $20,413.

There are no loans or financing obligations on any of the laundry equipment. The vending machines and water vending machine are also fully owned by the seller and are free and clear of any debt.

The business currently offers Fluff & Fold service, charging customers $1.50 per pound with a minimum order of 10 pounds. Employees are compensated with a 10% commission based on the Fluff & Fold revenue they generate. In addition to coin laundry income, the business benefits from supplementary revenue generated by vending machines and a water vending machine.

Highlights:
• Established location with over 25 years of operating history
• Semi-absentee ownership opportunity
• Long-term lease with an additional 10-year option
• No equipment loans or outstanding debt
• Multiple income streams including Fluff & Fold, vending machines, and water vending
• Stable operation with experienced staff in place

Detailed financial information and equipment lists will be provided upon execution of a Non-Disclosure Agreement (NDA).