Spin Into Profits! Thriving Laundry Business for Sale

Asking Price$265,000

Cash Flow
$175,700

EBITDA$36,500

Gross Revenue$175,700

Inventory$1,500
Not included in asking price
FF&E$175,000
Included in asking price
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Spin Into Profits! Thriving Laundry Business for Sale


Asking Price$265,000

Cash Flow
$175,700

EBITDA$36,500

Gross Revenue$175,700

Inventory$1,500
Not included in asking price
FF&E$175,000
Included in asking price
Business Description
Looking for a profitable, low-maintenance investment? This fully-equipped coin laundry is ready for its next owner. Located in a high-traffic area with a loyal customer base, this business offers a fantastic opportunity to step into an established operation with great growth potential. Don't miss out on this chance to own a self-sustaining business with excellent upside potential.
About the Business
Years in Operation
14
Employees
2 (2 Part-time)
Currently Home Based
Yes
Facilities & Assets
This neighborhood laundromat is in a small strip center featuring a practical layout with fair parking that accommodates steady customer traffic. Located in an area with strong demographics, it attracts a mix of families and professionals with solid spending power. The property benefits from excellent visibility and exposure along a well-traveled roadway, making it an appealing destination for neighborhood laundromat that features Wash/Dry /Fold amenities.
Market Outlook / Competition
There is little competition for this laundry. There is one located 2/10 of a mile north. Other than that one, there is nothing within 3 miles. With some strong marketing, this laundry has the capacity to generate much more revenue than it currently is. Marketing is the key here. Demographics indicate there are 3400 rental families in a 5/10 mile radius and over 6000 in a 1 mile radius. See for your self!
Opportunities for Growth
Excellent opportunity to expand the W/D/F portion of the business. Untouched profits await this owner.
Real Estate
Owned or Leased
Leased
Rent
$3,749.00 per month
Lease Expiration
12/31/2027
About the Sale
Seller Motivation
To spend more time with family.
Transition Support
Training is provided by the seller (an others) available during the escrow period of approximately 4 months at 3-4 hours per week.
Financing Options
Bank Only
Listing Info
ID
2436012
Listing Views
Business Location

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Business Listed by: Andrew Cunningham

Listing ID: 2436012 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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