Hot Listing
$154K Net Income | 24-Year Dry Cleaners & Coin Laundry
Business Description
This established dry cleaning and coin laundry business has operated successfully for 24 years and is well known in the community. Operating from a 5,000 sq. ft. facility, the business generates approximately $154,000 in annual net income, providing immediate cash flow for a new owner.
The coin laundry includes 42 washers and dryers, with 15 dryers recently replaced and parts ordered for additional units. While the business is fully operational, a new owner should plan for facility renovations and equipment modernization to maximize long-term performance and value.
Landlord & Real Estate Opportunity:
Landlord will repair the roof
Landlord is open to selling the property to the buyer this year
Potential path to business + real estate ownership
This creates a unique opportunity for a buyer to acquire a cash-flowing operation now and potentially secure the underlying real estate, building long-term equity.
Business Highlights:
24 years in operation
Approx. $154K annual net income
5,000 sq. ft. facility
42 washers & dryers
Four on-site employees
Established and loyal customer base
Growth & Value-Add Potential:
Renovate and modernize facility layout
Upgrade remaining laundry equipment
Implement card or app-based payment systems
Expand wash-and-fold services
Improve branding and signage
This opportunity is ideal for an operator or investor seeking stable income today with clear upside through renovation, modernization, and potential real estate acquisition.
Serious inquiries only. NDA required for financials and additional details.
This long-standing dry cleaning business, with 42integrated self-service coin laundry machines, has been a fixture in the community for 24 years under current ownership and is widely recognized by locals. Operating from a 5,000 sq. ft. facility, the business is supported by four on-site employees and generates a reported net income of approximately $154,000, providing immediate cash flow for a new owner.
The coin laundry includes 42 washers and dryers, some of which are older and prime for modernization — an area where a focused owner can create significant value. The seller is offering a structured closing incentive for approved equipment and facility improvements, making it easy to refresh operations while preserving the strong customer base.
Recent updates and market tailwinds include:
- 15 new dryers already installed, with replacement parts ordered for 9 additional machines recently out of service
- Ongoing local construction bringing increased foot traffic and visibility
- Long-standing reputation under current ownership (4 years in this operation under current management, 24 years total)
Opportunities for Growth:
- Modernizing coin laundry equipment and layout
- Introducing card or app-based payment systems
- Expanding wash-and-fold services
- Enhancing marketing and online presence
- Updating branding and signage for a refreshed look
Real Estate Opportunity:
The property may be available for purchase, offering additional long-term investment potential.
This business is ideal for an experienced operator or investor seeking a stable foundation with immediate cash flow and significant upside through strategic reinvestment and modernization.
Serious inquiries only. NDA required for additional details. Buyer to conduct independent due diligence regarding financing and transaction structure.
The coin laundry includes 42 washers and dryers, with 15 dryers recently replaced and parts ordered for additional units. While the business is fully operational, a new owner should plan for facility renovations and equipment modernization to maximize long-term performance and value.
Landlord & Real Estate Opportunity:
Landlord will repair the roof
Landlord is open to selling the property to the buyer this year
Potential path to business + real estate ownership
This creates a unique opportunity for a buyer to acquire a cash-flowing operation now and potentially secure the underlying real estate, building long-term equity.
Business Highlights:
24 years in operation
Approx. $154K annual net income
5,000 sq. ft. facility
42 washers & dryers
Four on-site employees
Established and loyal customer base
Growth & Value-Add Potential:
Renovate and modernize facility layout
Upgrade remaining laundry equipment
Implement card or app-based payment systems
Expand wash-and-fold services
Improve branding and signage
This opportunity is ideal for an operator or investor seeking stable income today with clear upside through renovation, modernization, and potential real estate acquisition.
Serious inquiries only. NDA required for financials and additional details.
This long-standing dry cleaning business, with 42integrated self-service coin laundry machines, has been a fixture in the community for 24 years under current ownership and is widely recognized by locals. Operating from a 5,000 sq. ft. facility, the business is supported by four on-site employees and generates a reported net income of approximately $154,000, providing immediate cash flow for a new owner.
The coin laundry includes 42 washers and dryers, some of which are older and prime for modernization — an area where a focused owner can create significant value. The seller is offering a structured closing incentive for approved equipment and facility improvements, making it easy to refresh operations while preserving the strong customer base.
Recent updates and market tailwinds include:
- 15 new dryers already installed, with replacement parts ordered for 9 additional machines recently out of service
- Ongoing local construction bringing increased foot traffic and visibility
- Long-standing reputation under current ownership (4 years in this operation under current management, 24 years total)
Opportunities for Growth:
- Modernizing coin laundry equipment and layout
- Introducing card or app-based payment systems
- Expanding wash-and-fold services
- Enhancing marketing and online presence
- Updating branding and signage for a refreshed look
Real Estate Opportunity:
The property may be available for purchase, offering additional long-term investment potential.
This business is ideal for an experienced operator or investor seeking a stable foundation with immediate cash flow and significant upside through strategic reinvestment and modernization.
Serious inquiries only. NDA required for additional details. Buyer to conduct independent due diligence regarding financing and transaction structure.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 1 week
Listing Info
- ID
- 2429849
- Listing Views
- 6248
Listing ID: 2429849 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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