Established St. Martinville Self Service Laundromat For Sale

Asking Price$285,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$137,000

Inventory$148,000
Included in asking price
FF&ENot Disclosed

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Established St. Martinville Self Service Laundromat For Sale


Asking Price$285,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$137,000

Inventory$148,000
Included in asking price
FF&ENot Disclosed

Business Description
Exceptional laundromat with an established, appreciative customer base. Self service laundromats have been important to low income residents, the elderly and working people and others who just don’t want to spend all day doing laundry. Laundromats provide owners with excellent cash flow and ROI while helping the communities they serve.
About the Business
Years in Operation
42
Employees
1 Part-time
1 part time employee to open, close, and thoroughly clean the store daily.
Facilities & Assets
The laundromat is located on Main Street in the heart of St. Martinville. The store was completely renovated in 2020, including all new commercial washers and dryers. Assets include 5 top load washers, (7) 20# washers, (2) 30# washers, (4) 40# washers, (4) 60# washers, (4) 30# stacked dryers, (4) 45# stacked dryers, (2) 75# dryers, (2) bill changers with (4) bill acceptors and (4) coin hoppers, (1) detergent vending machines, (2) prefabricated plumbing and electrical bulkheads, commercial gas water heater, fiberglass/ steel folding tables and chairs and rolling laundry carts.
Market Outlook / Competition
Self service laundries are growing in popularity and they are recession proof, even seeing growth during economic downturns and disasters. This is St. Martinville’s only laundromat.
Opportunities for Growth
Current owner is almost absentee and the new owner can grow the business by offering additional services and increases vend prices for self service customers.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,800
Rent
$1,100.00 per month
Lease Expiration
4/11/2036
About the Sale
Seller Motivation
Selling because the location is over a two hour drive from home and main busines
Transition Support
We will train the new owner so they can confidently operate the business, which almost entirely runs itself. We will be available for consultation for the first 45 days to assist the new owner.
Financing Options
No owner financing
Listing Info
ID
2492528
Listing Views
Business Location

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Business Listed by: George Pierce

Listing ID: 2492528 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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