Hot Listing
$154K Profit Dry Cleaners andCoin Laundry Ready for Growth
Business Description
24-Year Established Dry Cleaning & Coin Laundry Business | $154K Net Income | 5,000 SF | Value-Add Opportunity
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.
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
- 6105
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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