Hot Listing
Highly Profitable Absentee-Run Laundromat For Sale
Business Description
HS Listing ID-69429
Annual Figures:
Gross: $775,465.16
SDE: $352,282.00
Annual Expenses:
Payroll: $220,001.00
Utilities (Electric, Water, Gas, Internet, Waste): $77,800.52
Rent: $38,492.32
(Remaining expenses to be provided upon execution of an NDA)
Business Highlights:
High-Volume Location: Well-established laundromat located approximately 15 miles outside of Boston, serving a strong and loyal customer base.
Fully Absentee Ownership: Business is operated with minimal owner involvement; owners spend approximately 2–3 total hours per week combined.
Experienced Staff: Managed entirely by long-tenured employees, with the longest employee in place for 4–5 years, creating strong customer familiarity and continuity.
Established Systems: Proven, automated workflows and operational systems in place for smooth day-to-day operations.
Services Offered:
Self-Service Laundry
Wash & Fold
Pickup & Delivery
Dry Cleaning (outsourced, high-margin)
Clean Financials: Books and P&Ls are well-maintained and organized.
Equipment Profile:
20 Washers: Approximately 5–10 years old, well-maintained
18 Dryers: Under 2 years old, fully replaced during recent renovation
Lease: Strong remaining lease term in place till 2040.
Additional Income: ATM owned by the business, providing supplemental revenue.
Increase marketing efforts (currently minimal Google Ads spend)
Expand Pickup & Delivery routes
Grow outsourced dry-cleaning volume
Financing Available through Eastern Funding ONLY: 40% Down Minimum
NO SBA
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Annual Figures:
Gross: $775,465.16
SDE: $352,282.00
Annual Expenses:
Payroll: $220,001.00
Utilities (Electric, Water, Gas, Internet, Waste): $77,800.52
Rent: $38,492.32
(Remaining expenses to be provided upon execution of an NDA)
Business Highlights:
High-Volume Location: Well-established laundromat located approximately 15 miles outside of Boston, serving a strong and loyal customer base.
Fully Absentee Ownership: Business is operated with minimal owner involvement; owners spend approximately 2–3 total hours per week combined.
Experienced Staff: Managed entirely by long-tenured employees, with the longest employee in place for 4–5 years, creating strong customer familiarity and continuity.
Established Systems: Proven, automated workflows and operational systems in place for smooth day-to-day operations.
Services Offered:
Self-Service Laundry
Wash & Fold
Pickup & Delivery
Dry Cleaning (outsourced, high-margin)
Clean Financials: Books and P&Ls are well-maintained and organized.
Equipment Profile:
20 Washers: Approximately 5–10 years old, well-maintained
18 Dryers: Under 2 years old, fully replaced during recent renovation
Lease: Strong remaining lease term in place till 2040.
Additional Income: ATM owned by the business, providing supplemental revenue.
Increase marketing efforts (currently minimal Google Ads spend)
Expand Pickup & Delivery routes
Grow outsourced dry-cleaning volume
Financing Available through Eastern Funding ONLY: 40% Down Minimum
NO SBA
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $3,207.67 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2465582
- Listing Views
- 262
Listing ID: 2465582 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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