Established Laundromat | $240K Projected Revenue | $50K–$55K Cash Flow
Business Description
Established Laundromat | $240K Projected Revenue | $50K–$55K Cash Flow
HS Listing ID-72707
$325,000 Asking Price
$240,000 Projected 2026 Gross Revenue
$50,000–$55,000 Projected 2026 Cash Flow
Established laundromat in Providence County, Rhode Island
Approximately 1,600 SF
Open 7 days a week
Wash-and-fold and pickup/delivery services
Approximately 14,000 lbs. of wash-and-fold processed
Existing commercial accounts
Modern card-operated laundry equipment
9 years remaining on lease + 5-year renewal option
Base rent of approximately $1,965/month
Total rent including taxes/CAM of approximately $2,613/month
One full-time employee with 10 years of tenure
Two part-time employees
Owner currently spends approximately 10 hours per week on-site and operates the business remotely
Dedicated delivery expansion opportunity
Significant upside through Google Ads, digital marketing, commercial accounts, and expanded pickup/delivery
2019 Ram ProMaster City van included
Comprehensive equipment package included
Financial and operational information is seller-provided and should be independently verified by the buyer during due diligence.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
$325,000 Asking Price
$240,000 Projected 2026 Gross Revenue
$50,000–$55,000 Projected 2026 Cash Flow
Established laundromat in Providence County, Rhode Island
Approximately 1,600 SF
Open 7 days a week
Wash-and-fold and pickup/delivery services
Approximately 14,000 lbs. of wash-and-fold processed
Existing commercial accounts
Modern card-operated laundry equipment
9 years remaining on lease + 5-year renewal option
Base rent of approximately $1,965/month
Total rent including taxes/CAM of approximately $2,613/month
One full-time employee with 10 years of tenure
Two part-time employees
Owner currently spends approximately 10 hours per week on-site and operates the business remotely
Dedicated delivery expansion opportunity
Significant upside through Google Ads, digital marketing, commercial accounts, and expanded pickup/delivery
2019 Ram ProMaster City van included
Comprehensive equipment package included
Financial and operational information is seller-provided and should be independently verified by the buyer during due diligence.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- $2,613 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2542319
- Listing Views
Listing ID: 2542319 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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