Established Laundromat Location – Strong Turnaround Potential

Asking Price: $135,000

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Established Laundromat Location – Strong Turnaround Potential


Asking Price: $135,000

Asset Sale Description
HS Listing ID-69855

Property & Location

Approximately 4,000 SF laundromat with ~15 dedicated parking spaces

Established laundromat site operating for ~20 years

Located in a dense rental corridor near Texas State University

Located in direct vicinity of his other location, creating operational flexibility

Current Operations

Open 5 days per week with limited hours, leaving unused capacity

Primarily focused on wash & fold service, currently operating at breakeven

Unattended self-service model with part-time wash & fold staff

~60 machines (Speed Queen washers, ADC dryers – approx. 12+ years old)



Current Performance

Underperforming asset primarily due to minimal expansion efforts and limited operating hours.

Ownership has prioritized other location. creating a clear opportunity for a hands-on operator to unlock growth.

Value-Add & Expansion Opportunities

Expand to 7 days/week and extend daily operating hours

Modernize equipment and install a card payment system to increase usability and pricing flexibility

Add gaming machines and ATM services (proven strong revenue generator at sister store)

Grow wash & fold operations and introduce pickup & delivery services

Strategic consolidation opportunity: ability to redirect customers to the profitable sister location if desired

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Sale
Transition Support
Yes.
Seller Motivation
Other business interests.
Listing Info
ID
2476938
Listing Views
26

Contact Seller

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Business Listed by: Justin Norman Hedgestone Business Advisors

Listing ID: 2476938 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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