The store is listed for $179,000 FIRM with revenue of approx. $175,000 a year.

Established laundromat in great location on busy main street and surrounded by 2-3 family homes.

Well appointed store front with good parking.

Rent is $3420 for approx. 1700 sq ft.

Lease has 7-8 years left but landlord will entertain additional time.

3-4 employees cover most of the 98 hours the store is open, The owners currently cover 5-10 hours per week. 2 drivers also cover approx. 18 hours a week doing pick -up and delivery.

19 Washers: 13 are approx. 3 years old. 6 are approx. 15-20 years old.
24 Dryers: approx. 15-20 years.
Vibrant wash & fold business with lots of room for potential. They currently handle : 1) Drop Off Wash & Fold, 2) PUD (Pick up & Delivery) and 3) Small Commercial accounts such as Airbnb, Physical Therapy & a Senior Center. Lots and lots of room for growth here.

Lots of opportunity in this location.

The value of this store is in the
1) Location
2) Equipment
3) Infrastructure (plumbing/electric/gas lines)
4) Opportunity to grow and build on the vibrant wash & fold and PUD (Pick Up & Delivery) business.

This is ideal for : 1) Owner Operator who can cover more hours at store to save payroll or 2) Marketing minded person who wants to build the Wash & Fold and PUD business. This can be done with commercial accounts, PUD as well as drop off wash & fold.

New buyer should also consider creating/building a secure area to store processed wash & fold so they can install auto-lock doors and save on payroll.

Everything is here and ready to go. Just waiting for new owner to come in and take this store to the next level.

Price is $179,000 FIRM
No Seller, SBA or Bank Financing.
Cash Offers Only.
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BROKER'S NOTE ON ABSENTEE: This store is truly run absentee but as a former laundromat owner and broker who does 20 plus laundromats a year, the more time you spend at a store and manage it, the better. Most times when you see absentee, it just means that the owner has no set hours working the store, BUT, they need to be there weekly checking inventory, collecting cash, checking on maintenance, reviewing operations, managing work flow, managing staff, etc. Thus, you should always plan and on being at any store, even if marketed as "Absentee" for 10-15 hours a week minimum. Just my 2 cents but there is so much misleading info on laundromats in Social Media today. I tell all of my clients, "Laundromats are always more work than you think." Great business but if time is a concern, it may not be right for you.