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Absentee Coin Laundry in Dense Metro Area
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This is a rare opportunity to acquire a turnkey, cash-flowing coin laundry in a prime Des Moines metro location. Currently operating as a Fully Absentee Owner-Operated business, this laundromat has served the local community for over 8 years. It boasts a loyal, repeat customer base and a streamlined operation that requires minimal daily oversight, making it an ideal acquisition for both first-time buyers looking for passive income and seasoned operators looking to expand their portfolio.
About the Business
- Years in Operation
- 8
- Facilities & Assets
- This high-efficiency commercial laundry operation is located in Central Iowa, situated on a high-traffic corridor. The business operates out of a facility encompassing approximately 2400 square feet. The physical infrastructure features a professional interior buildout and demolition completed to high standards. The facility utilizes state-of-the-art high G-factor Electrolux Line 6000 machinery, specifically engineered to significantly reduce water and energy overhead. The advanced machinery supports superior operational efficiency, evidenced by a utility-to-gross ratio of just 16.6% in 2025, which falls well below the 25% industry profitability threshold. These tech-enabled machines permit dynamic pricing strategies, including "extra rinse" premiums and "peak period" surcharges. Furthermore, the acquisition of these existing hard assets provides a substantial replacement cost advantage to a new build out and equipment purchase.
- Market Outlook / Competition
- The facility benefits from immediate access to a major metro traffic artery, guaranteeing prominent visibility to daily commuters and establishing the business as a neighborhood staple for residents within the core 1-3 mile radius. In 2026, the local market exhibits strong stability; unlike cyclical retail, demand for clean clothes remains consistent regardless of economic volatility, ensuring a predictable customer pipeline and deemed essential even during the pandemic. The facility's upgraded, energy-efficient Electrolux Line 6000 machinery provides a superior, faster wash while lowering utility costs—a significant advantage that competitors with older infrastructure cannot easily match. The unique dual role of the former owner becoming the property landlord guarantees operational stability, institutional knowledge transfer, and a secure, supportive long-term leasing relationship that de-risks the investment from day one.
- Opportunities for Growth
- The single most significant opportunity to explosively increase income and dramatically expand the customer base of this turnkey facility lies in the immediate activation of a comprehensive Wash ‘n’ Fold (WDF) drop-off service. Modern consumer behavior is increasingly driven by "convenience economics"—the definitive trend of customers prioritizing time-saving services over manual tasks. While the existing self-service model provides a reliable, steady baseline of cash flow from the renter demographic, WDF unlocks an entirely new, affluent customer segment, including busy professionals, time-strapped families, multi-unit apartment managers, and local commercial entities (salons, gyms, medical offices) that are willing to pay a premium to buy back their time. Activating a dedicated drop-off desk immediately opens the door to consistent, large-volume commercial contracts, which can provide a base of several thousand pounds of laundry per month at a stable, contractual rate.
About the Sale
- Seller Motivation
- Other Business Ventures
- Transition Support
- "Your success is our ultimate goal." To ensure a completely seamless transition, we provide comprehensive, hands-on training tailored to your team's needs, minimizing any operational downtime. Our dedication doesn’t end on day one. In fact, our unique setup ensures a long-term, stable partnership: The previous owner of the business is also your new landlord. This ensures you have direct access to experienced guidance while enjoying the long-term security of a stable, supportive leasing environment.
Listing Info
- ID
- 2503743
- Listing Views
- 209
Listing ID: 2503743 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 SaleIowa Businesses for SaleIowa Personal Product & Service Businesses for SaleIowa Coin Laundry & Laundromat Businesses for Sale
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