Hot Listing
Retail Laundry Operations with Lease
Business Description
This well-established laundry business has served the local market for more than 25 years. After operating successfully as a retail self-service laundromat for over two decades, the business transitioned three years ago into a closed laundry facility dedicated to commercial laundry customers. The current operation provides laundry services to established commercial accounts, creating a dependable revenue stream while maintaining the flexibility for future growth.
The facility is fully equipped with commercial-grade washers, dryers, and supporting infrastructure, allowing a new owner to seamlessly continue servicing existing customers from day one. The location's long history as a neighborhood laundromat also presents a valuable opportunity to reintroduce retail self-service operations, expand commercial volume, or pursue a hybrid business model.
A significant advantage of this offering is the new 5-year lease in place with controlled rents, providing predictable occupancy costs and operational stability. The lease also includes one additional 5-year renewal option, giving a buyer the ability to secure the location for up to 10 years while preserving the flexibility to grow the business. Long-term lease security is especially valuable in the laundry industry, where location, utility infrastructure, and customer familiarity are critical business assets.
The facility is fully equipped with commercial-grade washers, dryers, and supporting infrastructure, allowing a new owner to seamlessly continue servicing existing customers from day one. The location's long history as a neighborhood laundromat also presents a valuable opportunity to reintroduce retail self-service operations, expand commercial volume, or pursue a hybrid business model.
A significant advantage of this offering is the new 5-year lease in place with controlled rents, providing predictable occupancy costs and operational stability. The lease also includes one additional 5-year renewal option, giving a buyer the ability to secure the location for up to 10 years while preserving the flexibility to grow the business. Long-term lease security is especially valuable in the laundry industry, where location, utility infrastructure, and customer familiarity are critical business assets.
About the Business
- Years in Operation
- 26
- Facilities & Assets
- Equipment included with the facility:
Qty 3 – 2020 Huebsch 60 lb. washers
Qty 3 - 2020 Huebsch 40 lb. washers
Qty 10 - 2020 Huebsch 20 lb. washers
Qty 3 - 2020 Huebsch 50 lb dryers
Qty 6 - 2020 Huevsch 30 lb. dryers
Qty 3 - Old Huebsch old dbl stack 30 lb. dryers
Qty 1 - Standard 2 bill changer w/ 4 coin box. Model # MC640ML
Qty 1 - Addt’l 10 washer bulkhead for future expansion
Qty 1 - Navian 199K BTU water heater
Qty 1 - Reo-link 6 camera system
Qty 1 - Simply Safe security system
Qty 6 - Folding tables - Market Outlook / Competition
- This facility has operated as a retail laundry for 25+ years. For the last 3-years the operator has utilized the facility as a closed laundry facility for commercial accounts.
- Opportunities for Growth
- The existing lease, which runs through December 2031 includes a five-year renewal option.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- $1,800.00 per month
- Lease Expiration
- 12/31/2031
About the Sale
- Seller Motivation
- Onwer operator has outgrown the facility and is moving to a new, larger site.
Listing Info
- ID
- 2526448
- Listing Views
- 69
Business Location
Listing ID: 2526448 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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