Commercial Laundry for Sale with Real estate option
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Established Commercial Laundry Business for Sale in Warwick, RI
This profitable commercial laundry operation has been serving Kent County since 1999, generating approximately $850,000 at one point in annual revenue. The current owner, after 18+ years of successful operation, is retiring and seeking a qualified buyer to continue this well-established enterprise.
Business Overview:
- 25+ years of continuous operation with proven track record
- Established customer base including hotels, motels, and nursing homes
- Strategic location in Warwick, RI with 3,455 sq ft facility
- Monthly lease rate of $3,500 provides operational flexibility
- All equipment included in sale price
Financial Performance:
- Annual revenue: ~$850,000
- Long-term customer relationships provide revenue stability
Growth Potential:
- Significant expansion opportunities in commercial and coin-operated segments
- Untapped market potential with hotels, restaurants, and healthcare facilities
- New ownership with dedicated team could secure additional accounts
- Established reputation provides foundation for growth initiatives
Key Assets:
- Complete commercial laundry equipment package
- Loyal customer base with multi-year relationships
- Proven operational systems and processes
- Prime location with adequate facility space
This turnkey operation offers an excellent opportunity for an entrepreneur or existing laundry business owner to acquire a profitable enterprise with substantial growth potential. The seller's extensive experience has built strong customer relationships and operational efficiency, creating a solid foundation for future expansion.
Real estate purchase option available for additional investment opportunity.
This profitable commercial laundry operation has been serving Kent County since 1999, generating approximately $850,000 at one point in annual revenue. The current owner, after 18+ years of successful operation, is retiring and seeking a qualified buyer to continue this well-established enterprise.
Business Overview:
- 25+ years of continuous operation with proven track record
- Established customer base including hotels, motels, and nursing homes
- Strategic location in Warwick, RI with 3,455 sq ft facility
- Monthly lease rate of $3,500 provides operational flexibility
- All equipment included in sale price
Financial Performance:
- Annual revenue: ~$850,000
- Long-term customer relationships provide revenue stability
Growth Potential:
- Significant expansion opportunities in commercial and coin-operated segments
- Untapped market potential with hotels, restaurants, and healthcare facilities
- New ownership with dedicated team could secure additional accounts
- Established reputation provides foundation for growth initiatives
Key Assets:
- Complete commercial laundry equipment package
- Loyal customer base with multi-year relationships
- Proven operational systems and processes
- Prime location with adequate facility space
This turnkey operation offers an excellent opportunity for an entrepreneur or existing laundry business owner to acquire a profitable enterprise with substantial growth potential. The seller's extensive experience has built strong customer relationships and operational efficiency, creating a solid foundation for future expansion.
Real estate purchase option available for additional investment opportunity.
About the Business
- Years in Operation
- 26
- Opportunities for Growth
- Current owner has had this business for over 18 years. Wants to retire. Has had various hotels, motels and nursing homes as his customers for many years. New owner with a good team can easily sign more accounts and bring in more revenue.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,455
- Rent
- $3,500.00 per month
About the Sale
- Seller Motivation
- Retiring
Listing Info
- ID
- 2436724
- Listing Views
Listing ID: 2436724 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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