Self-operated Coin Laundry & Dry Cleaners in Clackamas, OR
Business Description
ESTABLISHED LAUNDROMAT WITH EXCEPTIONAL EXPANSION OPPORTUNITY
This 40+ year established coin laundry operation in Clackamas, OR presents a rare opportunity to acquire a profitable business with immediate expansion potential. Currently generating $184,676 in annual revenue with strong cash flow of $111,498, this well-positioned laundromat serves a thriving residential community.
CURRENT OPERATIONS:
• Established customer base with growing wash & fold services
• CleanCloud CRM software for customer management
• Existing commercial contracts providing steady revenue
• Long-term lease through May 2031 at $5,288/month
• Prime location near apartment complexes, bus stop, and Safeway plaza
• Minimal marketing efforts to date, presenting immediate growth opportunities
UNIQUE EXPANSION OPPORTUNITY:
• Adjacent 1,020 sq ft dry cleaner space included in sale
• Potential to double footprint to 2,040 sq ft total
• Preliminary equipment layouts and expansion plans available
• Permits research completed with some approvals already secured
• Seamless integration of existing wash & fold and commercial contracts
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $184,676
• Cash Flow (SDE): $111,498
• FF&E Value: $185,991
• Asking Price: $190,000
• Strong 60% cash flow margin demonstrates operational efficiency
This turnkey operation offers both immediate income and significant growth potential through expansion. The established customer base, long-term lease, and strategic location provide a solid foundation for the next owner to scale operations substantially.
Owner relocating and will provide 15-30 days training with extension available if needed. All inventory included in sale.
This 40+ year established coin laundry operation in Clackamas, OR presents a rare opportunity to acquire a profitable business with immediate expansion potential. Currently generating $184,676 in annual revenue with strong cash flow of $111,498, this well-positioned laundromat serves a thriving residential community.
CURRENT OPERATIONS:
• Established customer base with growing wash & fold services
• CleanCloud CRM software for customer management
• Existing commercial contracts providing steady revenue
• Long-term lease through May 2031 at $5,288/month
• Prime location near apartment complexes, bus stop, and Safeway plaza
• Minimal marketing efforts to date, presenting immediate growth opportunities
UNIQUE EXPANSION OPPORTUNITY:
• Adjacent 1,020 sq ft dry cleaner space included in sale
• Potential to double footprint to 2,040 sq ft total
• Preliminary equipment layouts and expansion plans available
• Permits research completed with some approvals already secured
• Seamless integration of existing wash & fold and commercial contracts
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $184,676
• Cash Flow (SDE): $111,498
• FF&E Value: $185,991
• Asking Price: $190,000
• Strong 60% cash flow margin demonstrates operational efficiency
This turnkey operation offers both immediate income and significant growth potential through expansion. The established customer base, long-term lease, and strategic location provide a solid foundation for the next owner to scale operations substantially.
Owner relocating and will provide 15-30 days training with extension available if needed. All inventory included in sale.
About the Business
- Website
- http://westwoodcleaner.com/
- Market Outlook / Competition
- Great location, with lots of surrounding apartment complexes and residential neighborhoods around, next to a bus stop and Safeway shopping plaza
- Opportunities for Growth
- Opportunity to expand the laundromat into the dry cleaners space (selling both doors together). Footwork for permitting has been done, some permits approved.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,040
- Rent
- $5,288 per month
- Lease Expiration
- 5/1/2031
About the Sale
- Seller Motivation
- Owner moving
- Transition Support
- 15-30 day training provided, open to extension if needed
Listing Info
- ID
- 2484649
- Listing Views
Business Location
Listing ID: 2484649 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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