Hot Listing

Like New Laundromat plus Wash & Fold Pickup & Delivery Route

Sale Pending

Asking Price$295,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Like New Laundromat plus Wash & Fold Pickup & Delivery Route


Sale Pending

Asking Price$295,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
A Beautiful fully equiped Laundromat - with full Dexter equipment either new or upgraded to new inside & out! Everything is seamlessly linked together with a computer accessed software system to allow Wash & Fold pickup & delivery from virtually anywhere in the city. The public has just become aware that this service is available and is catching on like wildfire! This is the most efficient computerized system available in the country!
About the Business
Years in Operation
17
Employees
6
Facilities & Assets
Fully equipped laundromat with all Dexter equipment, either new or totally updated inside and out. Fully monitored with 12 4K cameras, you can monitor on your phone or computer. Wash & Fold done on site in 2 shifts, 5 days per week. All set up to operate unattended with electronic automatic doors. Virtually no marketing and advertising has been done since the beginning, so the volume of business could easily be multiplied several times. Now cashless, reducing labor for collections
Market Outlook / Competition
Laundromats have always and will thrive in good times and bad, because one thing that is for certain - people will always wear clothes and have the need to wash them! There is no near competition, even if there was, this store is always in the newest, cleanest, and most desirable condition, so it would automatically be the location of choice!

























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Opportunities for Growth
Laundromats remained at high demand during the pandemic, and the culture shift ushered in a new concept of people finding they could have someone else perform work that hadn't been considered before. Grocery stores and food delivered to your doorstep, and then lo & behold - someone will now pick up your soiled laundry, wash it, fold it, and return to your doorstep! The Competing market rate is $3.50 lb. EZ Wash is now at $2.69 so there is a ways up to go. The marketplace has welcomed this new concept with open arms!
About the Sale
Seller Motivation
The owner is Retiring and moving to Seatle to be near his children.
Transition Support
The owner/seller is very experienced in equipment repair & and upgrade and is happy to transfer any knowledge to the buyer. He is the one who negotiated the original contract with the software company for the Wash & Fold and can also transfer that relationship to the new owner to continue to expand the business to as many cities and metropolitan areas as you want!
Financing Options
The owner would consider financing a qualified purchaser with a minimum of 1/2 down.
Listing Info
ID
2303745
Listing Views
28662

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Business Listed by: David Aldridge Aldridge and Associates Business Brokers

Listing ID: 2303745 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.