HS Listing ID-72792

• Established laundromat serving the local community for more than 30 years

• Fully staffed with 1 full time manager and 2 part time employees, providing consistent day to day coverage

• Owner involvement is limited to approximately 3 days per week, primarily handling supply purchases, bank runs, clothing pickup, and minor machine maintenance

• Brand new 10 year lease with a 5 year renewal option at $3,200 per month, already approved by the landlord for a qualified buyer

• Equipped with 40 Huebsch coin operated machines, approximately 6.5 years old, including 20 washers and 10 double stack dryers

• Equipment was in operation for approximately 6 years and stored for approximately 1 year prior to installation

• Multiple established revenue streams including self service laundry, wash and fold, soap sales, and U Haul

Revenue Breakdown

• Self Service: 55.36%
• Drop Off & Wash and Fold: 31.52%
• Soap Sales: 8.35%
• U Haul Commission: 4.77%

Self Service and Drop Off/Wash and Fold together represent 86.88% of total revenue.

• Brand new sprinkler system installed above the machines

• Clean financial records available, including Profit and Loss statements and POS reporting for wash and fold and soap sales

• Financing available through a laundromat specific lender with 40% down

• No SBA financing or seller financing available

Growth Opportunities

• Further expand wash and fold services and increase commercial accounts

• Grow pickup and delivery services

• Increase soap and laundry supply sales

• Expand U Haul revenue and ancillary services

• Reduce owner involvement further by delegating supply runs, banking, and minor maintenance to existing staff

Reason for sale: Relocating out of state & Other business ventures

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION