Busy, Stable Coin Laundry with Potential for Growth in Gwinnett
Business Description
High-performing laundromat with tremendous upside potential provides an excellent opportunity to invest for owner-operator or investor. This profitable, turnkey business is located in a prime Gwinnett County location on a busy, high-traffic road with GDOT count of 16,000 or more with excellent visibility and ample parking. The approximately 2,800-square-foot facility offers both coin and cashless payment options, providing convenience for today's customers. The space houses 22 washers and 24 dryers leaving ample space for installing game room.
Operating successfully for over 8 years, with the current owner for the whole 8 years, the laundromat was installed in 2018 with modern equipment and updated infrastructure. All equipment is approximately 8 years old. The business is currently operated with sole owner who desires to take a break from business after operating 8 years.
One of the property's standout features is the space that is currently used for retail corner. New owner can turn the retail corner into COAM (Coin Operated Amusement Machines) game room, generating significant extra income while keeping customers happy generating customer loyalty. This versatile space could also be repurposed for another complementary business, creating additional income opportunities for a new owner.
Additional upside exists by expanding the wash-and-fold service, increasing marketing efforts, extending operating hours to 24/7 by adding unmanned operation service. With updated equipment, an established customer base, and multiple avenues for growth, this is an exceptional opportunity to acquire a well-maintained laundromat in one of Metro Atlanta's strongest markets.
In addition, the rent is affordable because the rent includes the water cost that is significant.
Operating successfully for over 8 years, with the current owner for the whole 8 years, the laundromat was installed in 2018 with modern equipment and updated infrastructure. All equipment is approximately 8 years old. The business is currently operated with sole owner who desires to take a break from business after operating 8 years.
One of the property's standout features is the space that is currently used for retail corner. New owner can turn the retail corner into COAM (Coin Operated Amusement Machines) game room, generating significant extra income while keeping customers happy generating customer loyalty. This versatile space could also be repurposed for another complementary business, creating additional income opportunities for a new owner.
Additional upside exists by expanding the wash-and-fold service, increasing marketing efforts, extending operating hours to 24/7 by adding unmanned operation service. With updated equipment, an established customer base, and multiple avenues for growth, this is an exceptional opportunity to acquire a well-maintained laundromat in one of Metro Atlanta's strongest markets.
In addition, the rent is affordable because the rent includes the water cost that is significant.
About the Business
- Years in Operation
- 8
- Employees
- One self-employed
- Facilities & Assets
- Brand; Huebsch
Front- Load Washers: 22
80lbs, 2; 60lbs, 3; 40lbs, 5; 30lbs, 6; 20lbs, 6
Dryer: 24
70lbs, 2; 40lbs, 10; 20lbs, 12
Bill Changers: 2
Laundry Carts: 5
Folding Tables: 4 - Market Outlook / Competition
- The closing competitor is 2.7 km away.
- Opportunities for Growth
- Unmanned service after 9 pm 7/24 and turning retail corner into game room may raise extran income while keeping customers happy and loyal.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,800
- Rent
- $6,300 per month
- Lease Expiration
- 5/31/2038
About the Sale
- Seller Motivation
- The seller desires to take a break from business after 8 years operation.
- Transition Support
- Two weeks training
- Financing Options
- SBA loan is available
Listing Info
- ID
- 2535024
- Listing Views
Listing ID: 2535024 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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