24 Hr-Unattended/ Absentee Laundromat-Very profitable, Sussex DE $535k
Business Description
This laundromat checks all the boxes:
1) 24 Hours.
2) Unattended.
3) Absentee (within reason- see Broker's note below)
4) Equipment Ranges 9-12 Years old.
5) Well maintained & busy plaza with excellent parking.
6) Tax Returns to support the business.
7) Owner has owned 18 years.
8) Landlord will do new 10-15 year lease.
9) Approx. 2300 sq ft.
10) Net Profit $158,000 in 2025 and on target for same in 2026.
Seller has owned this store approx. 18 years and looking to downsize as he owns some other stores.
Laundromat is unattended and does not do any wash & fold. Self serve revenue is approx. $260,000.
The store did more volume 3 years ago but a new laundromat opened down the road 3-4 years ago and initially took some business away but that has stabilized and sales are steady last 2 years.
This store has no social media or internet listings. There isn't even a Google listing as seller never registered the business or location. He also never does any marketing, so lots of room for opportunity.
He has a cleaner who comes in twice a day on weekends as well as once a day during the week for $35 each cleaning. He also pays another person $10 a day (approx. 1/2 hour) to come in and detail the machines (front & soap dishes).
Seller installed a new 7-10 ton AC unit for approx.$15,000 2 years ago and this keeps the store very comfortable in the summer.
24 washers : 9 1/2 years old with 4 60lb XL machines,
33 Dryers: 9 1/2 to 12 years old.
Water heater was installed about 4 years ago and he has 3 large propane tanks to cover the gas for the heaters in the back.
Coin Store.
Camera system should be upgraded so you can view cameras from phone remotely.
Has a trough system to clean debris before it hits main drain.
Everything is here...Great store and great opportunity with ways to build and grow the business further.
Even though the owner has solid financials, he is not doing any seller financing or bank or SBA loans. He is only looking for cash offers.
List Price $535,000 FIRM
Cash offers only.
No SBA, Bank or Seller Financing.
______________________________________________________________________
BROKER'S NOTE ON ABSENTEE: This store is truly run absentee but as a former laundromat owner and broker who does 20 plus laundromats a year, the more time you spend at a store and manage it, the better. Most times when you see absentee, it just means that the owner has no set hours working the store, BUT, they need to be there weekly checking inventory, collecting cash, checking on maintenance, reviewing operations, managing work flow, managing staff, etc. Thus, you should always plan and on being at any store, even if marketed as "Absentee" for 10-15 hours a week minimum. Just my 2 cents but there is so much misleading info on laundromats in Social Media today. I tell all of my clients, "Laundromats are always more work than you think." Great business but if time is a concern, it may not be right for you.
1) 24 Hours.
2) Unattended.
3) Absentee (within reason- see Broker's note below)
4) Equipment Ranges 9-12 Years old.
5) Well maintained & busy plaza with excellent parking.
6) Tax Returns to support the business.
7) Owner has owned 18 years.
8) Landlord will do new 10-15 year lease.
9) Approx. 2300 sq ft.
10) Net Profit $158,000 in 2025 and on target for same in 2026.
Seller has owned this store approx. 18 years and looking to downsize as he owns some other stores.
Laundromat is unattended and does not do any wash & fold. Self serve revenue is approx. $260,000.
The store did more volume 3 years ago but a new laundromat opened down the road 3-4 years ago and initially took some business away but that has stabilized and sales are steady last 2 years.
This store has no social media or internet listings. There isn't even a Google listing as seller never registered the business or location. He also never does any marketing, so lots of room for opportunity.
He has a cleaner who comes in twice a day on weekends as well as once a day during the week for $35 each cleaning. He also pays another person $10 a day (approx. 1/2 hour) to come in and detail the machines (front & soap dishes).
Seller installed a new 7-10 ton AC unit for approx.$15,000 2 years ago and this keeps the store very comfortable in the summer.
24 washers : 9 1/2 years old with 4 60lb XL machines,
33 Dryers: 9 1/2 to 12 years old.
Water heater was installed about 4 years ago and he has 3 large propane tanks to cover the gas for the heaters in the back.
Coin Store.
Camera system should be upgraded so you can view cameras from phone remotely.
Has a trough system to clean debris before it hits main drain.
Everything is here...Great store and great opportunity with ways to build and grow the business further.
Even though the owner has solid financials, he is not doing any seller financing or bank or SBA loans. He is only looking for cash offers.
List Price $535,000 FIRM
Cash offers only.
No SBA, Bank or Seller Financing.
______________________________________________________________________
BROKER'S NOTE ON ABSENTEE: This store is truly run absentee but as a former laundromat owner and broker who does 20 plus laundromats a year, the more time you spend at a store and manage it, the better. Most times when you see absentee, it just means that the owner has no set hours working the store, BUT, they need to be there weekly checking inventory, collecting cash, checking on maintenance, reviewing operations, managing work flow, managing staff, etc. Thus, you should always plan and on being at any store, even if marketed as "Absentee" for 10-15 hours a week minimum. Just my 2 cents but there is so much misleading info on laundromats in Social Media today. I tell all of my clients, "Laundromats are always more work than you think." Great business but if time is a concern, it may not be right for you.
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,300
- Rent
- $2,450 per month
Listing Info
- ID
- 2542200
- Listing Views
Listing ID: 2542200 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.
Businesses for SaleDelaware Businesses for SaleDelaware Personal Product & Service Businesses for SaleDelaware Coin Laundry & Laundromat Businesses for Sale







