Hot Listing
Absentee Laundromat in MA, Adjusted NOI $94k
Business Description
HS Listing ID-67016
2025 Revenue: $312,000
2025 Adjusted Net: $94,000
• Absentee Laundromat in Massachusetts. General Manager at location since 2011 opening. Owner is absentee as he is a retiring dentist in the local area.
• Room to expand – 23 Washers (25/40/60/80 pound); 29 Dryers. Machines are original machines, but in excellent condition with consistent preventative maintenance.
• 75% of revenue from machines, 25% from wash and fold. Wash and Fold tickets are written by hand.
• 2600 sq ft, 9 years remaining on the lease, located in a busy shopping plaza featuring a Supermarket, Dollar Store, Dunkin Donuts and other busy stores.
• Laundromat spends zero dollars on advertising and is a family friendly fixture of the community — GM has been there since laundromat opened!
• Value-adds opportunities: Local advertising, increase wash and fold services, increase pick-up and delivery, add commercial customers.
• Adjusted net income $94,000+; ask $399,000; partial seller-financing potentially available. No SBA offers to be considered.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
2025 Revenue: $312,000
2025 Adjusted Net: $94,000
• Absentee Laundromat in Massachusetts. General Manager at location since 2011 opening. Owner is absentee as he is a retiring dentist in the local area.
• Room to expand – 23 Washers (25/40/60/80 pound); 29 Dryers. Machines are original machines, but in excellent condition with consistent preventative maintenance.
• 75% of revenue from machines, 25% from wash and fold. Wash and Fold tickets are written by hand.
• 2600 sq ft, 9 years remaining on the lease, located in a busy shopping plaza featuring a Supermarket, Dollar Store, Dunkin Donuts and other busy stores.
• Laundromat spends zero dollars on advertising and is a family friendly fixture of the community — GM has been there since laundromat opened!
• Value-adds opportunities: Local advertising, increase wash and fold services, increase pick-up and delivery, add commercial customers.
• Adjusted net income $94,000+; ask $399,000; partial seller-financing potentially available. No SBA offers to be considered.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2482791
- Listing Views
- 101
Listing ID: 2482791 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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