Established & Profitable Laundromat With Growth Potential
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HS Listing ID-72964
Business Highlights
Established, profitable laundromat
Semi-absentee ownership
Annual gross revenue: approximately $240,000
Annual cash flow / SDE: approximately $70,000
Asking price: $375,000
Strong cash flow margin: approximately 29.2%
Excellent long-term lease: approximately 11 years remaining
Low monthly rent: only $2,800/month
32 modern Huebsch machines
16 washers
16 dryers
Equipment is approximately 4 years old
Clean, modern, well-maintained facility
3 part-time employees
Approximately $50,000 annual payroll
Established wash-and-fold service
Modern card payment system
Low reported utility expenses:
Water: approximately $400/quarter
Gas: approximately $815/month
Electric: approximately $1,075/month
Sewer tax: approximately $800/year
Opportunity for an owner-operator to increase profitability
Potential to expand wash-and-fold volume
Opportunity to introduce/expand pickup and delivery
Potential for additional commercial laundry accounts
Opportunity to improve digital marketing and local promotions
Potential to implement loyalty programs and increase repeat business
Opportunity to optimize machine pricing and utilization
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Highlights
Established, profitable laundromat
Semi-absentee ownership
Annual gross revenue: approximately $240,000
Annual cash flow / SDE: approximately $70,000
Asking price: $375,000
Strong cash flow margin: approximately 29.2%
Excellent long-term lease: approximately 11 years remaining
Low monthly rent: only $2,800/month
32 modern Huebsch machines
16 washers
16 dryers
Equipment is approximately 4 years old
Clean, modern, well-maintained facility
3 part-time employees
Approximately $50,000 annual payroll
Established wash-and-fold service
Modern card payment system
Low reported utility expenses:
Water: approximately $400/quarter
Gas: approximately $815/month
Electric: approximately $1,075/month
Sewer tax: approximately $800/year
Opportunity for an owner-operator to increase profitability
Potential to expand wash-and-fold volume
Opportunity to introduce/expand pickup and delivery
Potential for additional commercial laundry accounts
Opportunity to improve digital marketing and local promotions
Potential to implement loyalty programs and increase repeat business
Opportunity to optimize machine pricing and utilization
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $2,800 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2550825
- Listing Views
- 16
Listing ID: 2550825 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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