Description

Turnkey, cashless laundromat operating in a high-density urban market with strong and growing revenue. The business generates approximately $9,000–$10,000 in weekly income, evenly split between self-service (50%) and wash & fold with pickup/delivery (50%).

The operation is absentee-run, supported by trained staff, with the owner only assisting occasionally. Delivery service is intentionally limited to a small local radius to maintain efficiency and control labor costs. Revenue has been increasing month over month, and the seller reports an annual net take-home of approximately $120,000.

This opportunity is well-suited for a hands-off investor or an owner-operator seeking a stabilized operation with predictable cash flow and long-term lease security.

Business Highlights

Absentee operated

Cashless operation (cards & mobile payments only)

Weekly revenue: ~$9,000–$10,000

Revenue mix: 50% self-service / 50% wash & fold + pickup & delivery

Seller-stated annual net income: ~$120,000

Delivery territory intentionally capped for operational efficiency

Revenue trending upward month over month

Operated for approximately 1 year

Long-term lease in place with ~14 years remaining

Equipment & Services

Equipment

Brand: Dexter

Equipment age: ~10 years

Washers (18 total):

8 × 20 lb

4 × 30 lb

3 × 40 lb

3 × 60 lb

Dryers:

22 × 20 lb dryers

Services

Self-service laundry

Wash & fold

Pickup & delivery (local radius)

Financial Snapshot (Seller Stated)

Weekly gross revenue: ~$9,000–$10,000

Annual net take-home: ~$120,000

Monthly Expenses

Payroll: ~$5,600 (2 employees)

Utilities (water & electric): ~$4,500

Owner involvement: minimal / occasional

Rent & Lease

Rent: Base rent only (utilities billed separately)

Lease term: ~14 years remaining

Reason for Sale

Owner specializes in acquiring, stabilizing, and repositioning laundromats and is moving on to the next project.

? Additional details available upon execution of an NDA. Serious inquiries only.