Long term lease and location, all new machines
Business Description
Established Laundromat - Springfield, OH
This well-established laundromat presents an exceptional opportunity in Springfield's south side market. Operating continuously since 1980, this business has built a loyal customer base and strong community reputation over four decades.
BUSINESS OVERVIEW:
• Annual Revenue: $300,000
• EBITDA: $140,000
• Asking Price: $499,000
• Location: 2,000 sq ft facility in Springfield, OH (Clark County)
• Established: 1980 (44 years of operation)
• Market Position: Sole laundry facility serving Springfield's south side
KEY STRENGTHS:
• Recently renovated with all new equipment (less than 2 years old)
• FF&E valued at $325,000
• Long-term lease security through December 31, 2031
• Affordable lease rate of $2,200/month
• Established clientele with strong community presence
• Minimal competition as the only laundromat in the area
FINANCIAL HIGHLIGHTS:
• Consistent revenue stream from essential service business
• Strong asset base with modern equipment
• Inventory value: $1,000 (included in asking price)
• Seller financing available
GROWTH POTENTIAL:
• Expansion opportunity to increase facility size up to 3,000 sq ft
• Established market dominance provides platform for growth
• Modern equipment ensures operational efficiency and customer satisfaction
OPERATIONAL ADVANTAGES:
• Turn-key operation with new machinery
• Essential service business model provides recession resistance
• Long-term lease provides stability and predictability
• Post-sale accounting services support available from seller
This laundromat represents a rare opportunity to acquire a profitable, well-positioned business with modern infrastructure, market dominance, and expansion potential in a stable Ohio community. The combination of established operations, new equipment, and growth possibilities makes this an attractive investment for qualified buyers seeking a proven business model.
Ideal for investors looking for steady cash flow in an essential services industry with limited local competition.
This well-established laundromat presents an exceptional opportunity in Springfield's south side market. Operating continuously since 1980, this business has built a loyal customer base and strong community reputation over four decades.
BUSINESS OVERVIEW:
• Annual Revenue: $300,000
• EBITDA: $140,000
• Asking Price: $499,000
• Location: 2,000 sq ft facility in Springfield, OH (Clark County)
• Established: 1980 (44 years of operation)
• Market Position: Sole laundry facility serving Springfield's south side
KEY STRENGTHS:
• Recently renovated with all new equipment (less than 2 years old)
• FF&E valued at $325,000
• Long-term lease security through December 31, 2031
• Affordable lease rate of $2,200/month
• Established clientele with strong community presence
• Minimal competition as the only laundromat in the area
FINANCIAL HIGHLIGHTS:
• Consistent revenue stream from essential service business
• Strong asset base with modern equipment
• Inventory value: $1,000 (included in asking price)
• Seller financing available
GROWTH POTENTIAL:
• Expansion opportunity to increase facility size up to 3,000 sq ft
• Established market dominance provides platform for growth
• Modern equipment ensures operational efficiency and customer satisfaction
OPERATIONAL ADVANTAGES:
• Turn-key operation with new machinery
• Essential service business model provides recession resistance
• Long-term lease provides stability and predictability
• Post-sale accounting services support available from seller
This laundromat represents a rare opportunity to acquire a profitable, well-positioned business with modern infrastructure, market dominance, and expansion potential in a stable Ohio community. The combination of established operations, new equipment, and growth possibilities makes this an attractive investment for qualified buyers seeking a proven business model.
Ideal for investors looking for steady cash flow in an essential services industry with limited local competition.
About the Business
- Years in Operation
- 46
- Employees
- 6 Part-time
- Facilities & Assets
- 2000 sq foot facility. All new machines, entire location recently remodeled.
5 20 lb capacity washers
5 30 lb capacity washers
5 40 lb capacity washers
4 60 lb capacity washers
2 80 lb capacity washers
10 30 lb capacity double stacked dryers
3 80 lb dryers - Website
- https://www.sunshinelaundryplace.com/
- Market Outlook / Competition
- Sole laundry in the south side of Springfield. Long term facility, established and strong reputation.
- Opportunities for Growth
- Some potential for expansion of existing space up to 3,000 sq feet.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $2,200.00 per month
- Lease Expiration
- 12/31/2031
About the Sale
- Seller Motivation
- Business decision.
- Transition Support
- Can offer accounting services.
Listing Info
- ID
- 2490038
- Listing Views
Business Location
Listing ID: 2490038 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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