High Performing Mid-Peninsula Laundromat
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Established laundromat for sale on a high-traffic street in a densely populated, laundromat-friendly trade area (large households, lower incomes, strong Latino demographic). Features a mix of new and older equipment, proven stability, and strong upside for an owner looking to grow market share. New 20-year lease available with reasonable rent/NNN.
About the Business
- Years in Operation
- 28
- Employees
- 4 (1 Full-time, 3 Part-time)
- Facilities & Assets
- Featuring a mix of new and older washers and dryers, this laundromat offers long-term stability and excellent growth potential. The machine ages range between 2008 and 2025 models, with the majority being less than 10 years old.
- Market Outlook / Competition
- Located on a high traffic street in a densely populated neighborhood, this mature laundromat offers a fantastic investment opportunity for any entrepreneur or seasoned investor. The demographics show an extremely high Latino population, high average household sizes and low household incomes – all key indicators of robust laundromat trade area.
- Opportunities for Growth
- While an already successful laundromat, there is huge potential to improve and expand the business to capture more of the market share in this incredible trade area. The addition of an alternative payment system (currently coin only) and establishing wash-dry-fold services are just a few of the growth possibilities.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,200
- Rent
- $6,245 per month
About the Sale
- Seller Motivation
- After over 30 years owning the business, the Seller is ready to retire.
- Transition Support
- The business has an experienced team in place and established processes, so it’s not overly dependent on the owner. Additional support can be made available for a mutually agreed period after the sale.
- Financing Options
- Lender prequalified with 35% to 40% down
Listing Info
- ID
- 2544420
- Listing Views
Listing ID: 2544420 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Personal Product & Service Businesses for SaleCalifornia Coin Laundry & Laundromat Businesses for Sale
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