Hot Listing
Profitable, Long-Running Laundromat Available
Business Description
ESTABLISHED LAUNDROMAT - TURNKEY OPPORTUNITY
This profitable laundromat business, operating since 2014, offers an exceptional entry point into the stable coin laundry industry. Located in Providence County, RI, this well-established operation delivers consistent cash flow with excellent growth potential.
BUSINESS OVERVIEW:
• 10+ years of successful operation
• Annual Revenue: $400,000
• Seller's Discretionary Earnings: $85,000
• Asking Price: $475,000 (inventory included)
• 5 dedicated employees manage daily operations
FACILITY DETAILS:
• 2,000 square feet of operational space
• Long-term lease security through April 1, 2034
• Competitive monthly rent: $2,100
• Well-maintained equipment and infrastructure
• Strategic neighborhood location with strong community support
KEY ADVANTAGES:
• Simple business model with minimal complexity
• Recession-resistant industry with steady demand
• Established customer base ensures reliable revenue
• Low owner involvement required for operations
• Proven profitability track record
GROWTH POTENTIAL:
• Expansion opportunities through wash-dry-fold services
• Implementation of pickup and delivery options
• Additional revenue streams available
• Room for operational enhancements
FINANCING & SUPPORT:
• Seller financing options available
• 30 days of comprehensive training and transition support
• Complete financial documentation provided to qualified buyers
This turnkey laundromat represents an ideal investment for entrepreneurs seeking a stable, profitable business in an essential service sector. The combination of established operations, growth opportunities, and seller support creates an attractive acquisition opportunity.
Owner motivated to sell due to pursuing other business ventures.
This profitable laundromat business, operating since 2014, offers an exceptional entry point into the stable coin laundry industry. Located in Providence County, RI, this well-established operation delivers consistent cash flow with excellent growth potential.
BUSINESS OVERVIEW:
• 10+ years of successful operation
• Annual Revenue: $400,000
• Seller's Discretionary Earnings: $85,000
• Asking Price: $475,000 (inventory included)
• 5 dedicated employees manage daily operations
FACILITY DETAILS:
• 2,000 square feet of operational space
• Long-term lease security through April 1, 2034
• Competitive monthly rent: $2,100
• Well-maintained equipment and infrastructure
• Strategic neighborhood location with strong community support
KEY ADVANTAGES:
• Simple business model with minimal complexity
• Recession-resistant industry with steady demand
• Established customer base ensures reliable revenue
• Low owner involvement required for operations
• Proven profitability track record
GROWTH POTENTIAL:
• Expansion opportunities through wash-dry-fold services
• Implementation of pickup and delivery options
• Additional revenue streams available
• Room for operational enhancements
FINANCING & SUPPORT:
• Seller financing options available
• 30 days of comprehensive training and transition support
• Complete financial documentation provided to qualified buyers
This turnkey laundromat represents an ideal investment for entrepreneurs seeking a stable, profitable business in an essential service sector. The combination of established operations, growth opportunities, and seller support creates an attractive acquisition opportunity.
Owner motivated to sell due to pursuing other business ventures.
About the Business
- Years in Operation
- 11
- Number of Employees
- 5
- Facilities & Assets
- 25 washers sizes from 20lbs through 85LBs ave age 12 years
38 dryers: 4 stack 45 lbs, 17 stack 30 lbs washer ave age 15 years
2 new minin split
1 new rooftop HVAC
Hamiltion Hot Water and waster tank 5 years old
All funiture
WDF POS
Spyderwash Card System offering coin and contactless payments - Market Outlook / Competition
- Neighborhood Laundromat long estiblished and well supported
- Opportunities for Growth
- increase WDF
pick up delivery
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $2,100.00 per month
- Lease Expiration
- 4/1/2034
About the Sale
- Seller Motivation
- other opportunities
- Transition Support
- 30 days
Listing Info
- ID
- 2408240
- Listing Views
- 353
Listing ID: 2408240 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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