Recently Reopened Laundromat - Investment Opportunity

Asking Price$395,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$280,000
Included in asking price
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Recently Reopened Laundromat - Investment Opportunity


Asking Price$395,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$280,000
Included in asking price
Business Description
• Recently rebuilt neighborhood laundromat following full restoration after prior fire
• Major upgrades completed including plumbing, electrical systems, and interior finishes
• Mix of brand-new and well-maintained commercial washers and dryers
• New high-capacity machines and modern card payment system installed in 2024
• Approximately 2,285 SF located in a neighborhood retail center with ample parking
• Surrounded by dense residential housing and apartment communities generating strong demand
• Currently operating as a self-service laundromat with opportunity to grow revenue
• Expansion potential through wash-and-fold service, pickup and delivery, and local marketing
• Lease in place through December 2027 with two additional five-year renewal options
• Ideal for experienced laundromat operator or owner-operator looking to expand
• Best suited for cash buyer or private financing due to recent reopening and equipment financing
• Seller motivated and will prioritize qualified buyers capable of closing quickly

Equipment Included
• Mix of new and well-maintained commercial washers (20 lb – 80 lb capacity)
• Mix of commercial dryers (30 lb – 75 lb capacity)
• Recently installed high-capacity washers and dryers (2024)
• Modern Cents card payment system with POS and machine readers
• Laundry carts, garment racks, folding tables, and customer seating
• Soap vending machine and coin box system
• Equipment installed by Alliance Laundry Systems
About the Business
Years in Operation
9
Facilities & Assets
2,285 SF fully rebuilt laundromat space following fire restoration. The facility features upgraded plumbing, electrical systems, and modern interior finishes. Major equipment upgrade completed in late 2024 including new high-capacity commercial washers, dryers, and card payment systems. Located in a busy neighborhood retail center with strong residential density and ample parking. Lease runs through December 2027 with two five-year renewal options.


Market Outlook / Competition
The laundromat is currently rebuilding operations and customer traffic following a 3-year closure.
Opportunities for Growth
The laundromat has recently reopened after a full rebuild and equipment upgrade, providing a strong foundation for growth as customer traffic continues to return. Additional revenue opportunities include introducing wash-and-fold services, pickup and delivery laundry, and partnerships with nearby apartment communities and local businesses. A hands-on operator can further increase revenue through local marketing, extended hours, and expanded service offerings.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,285
About the Sale
Seller Motivation
Personal
Transition Support
Negotiable
Listing Info
ID
2483231
Listing Views
57

Contact Seller

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Business Listed by: Orville Devonish Metrobrokers Inc.

Listing ID: 2483231 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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