Profitable Family-Owned Laundromat With Apartment Unit For Sale
Business Description
HS Listing ID-64665
Business Overview:
Family-owned since 2007
Laundromat generates approximately $50,000 annual net income 2024
All-cash business
Equipment:
14 washers: 8 double-load, 6 triple-load (brands: Maytag & Wascomat)
20 dryers (brand: Huebsch)
Machines are over 20 years old and may require updating
Building Details:
1,550 sqft property
Includes a 3-bedroom, 1.5-bathroom unit upstairs
Upstairs unit rental potential: approximately $1,300/month
Operating Details:
Operating Hours: 42
Owner operated
Monthly utility bills: $1,500
Taxes: $2,500 yr
Insurance: $2,400 yr
Zoned: CMX1 (Mixed-use commercial/residential zoning)
Potential: Opportunity to modernize equipment and potentially increase revenue. Increase profitabilitiy with increase operating hours
This listing offers a stable cash flow with added rental income potential from the upstairs unit.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Overview:
Family-owned since 2007
Laundromat generates approximately $50,000 annual net income 2024
All-cash business
Equipment:
14 washers: 8 double-load, 6 triple-load (brands: Maytag & Wascomat)
20 dryers (brand: Huebsch)
Machines are over 20 years old and may require updating
Building Details:
1,550 sqft property
Includes a 3-bedroom, 1.5-bathroom unit upstairs
Upstairs unit rental potential: approximately $1,300/month
Operating Details:
Operating Hours: 42
Owner operated
Monthly utility bills: $1,500
Taxes: $2,500 yr
Insurance: $2,400 yr
Zoned: CMX1 (Mixed-use commercial/residential zoning)
Potential: Opportunity to modernize equipment and potentially increase revenue. Increase profitabilitiy with increase operating hours
This listing offers a stable cash flow with added rental income potential from the upstairs unit.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2420584
- Listing Views
- 78
Listing ID: 2420584 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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