Established Multi-Location Self-Service Laundromat

Asking Price$1,750,000

Cash Flow

EBITDA$295,500

Gross Revenue$677,000

InventoryNot Disclosed

FF&ENot Disclosed

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Established Multi-Location Self-Service Laundromat


Asking Price$1,750,000

Cash Flow

EBITDA$295,500

Gross Revenue$677,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This business is an established and turnkey laundromat business with two locations in the metro area. The business is entirely self-service and operates out of two leased locations, with 10+ years left on both leases. Each location is approximately 2500 sqft. The business is well known in the area for its cleanliness and customer service, and has its own part-time staff and manager. Seller has taken time to modernize the business through updates such as credit card readers, loyalty programs, vending machines, and repainting.
About the Business
Years in Operation
16
Employees
5 (1 Full-time, 4 Part-time)
Facilities & Assets
Two leased facilities, approximately 2500 sqft each.
Real Estate
Owned or Leased
Leased
Lease Expiration
12/31/2035
About the Sale
Seller Motivation
New business venture.
Transition Support
Negotiable. Suggested: in-person training for 1 month, and available by phone up to 6 months.
Listing Info
ID
2477254
Listing Views
33

Contact Seller

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Business Listed by: Eric Swanson

Listing ID: 2477254 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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