Starter Laundromat-Lots of Potential-Open 22 YRS- Amarillo TX $60,000
Business Description
Established coin-operated laundromat presenting a compelling investment opportunity in Amarillo, Texas. This well-maintained facility has operated continuously for 22 years under current ownership, demonstrating market stability and proven location viability.
FACILITY SPECIFICATIONS:
• Standalone building with approximately 1,800 square feet
• Excellent parking availability
• Equipment inventory: 37 washing machines and 24 dryers (approximately 22 years old)
• Mixed equipment configuration including 13 top-loading washers
• Four machines currently offline, presenting immediate improvement opportunity
LEASE TERMS:
• New 10-year lease available from landlord
• Structured rent schedule: $1,500 (Year 1), $1,750 (Year 2), $2,000 (Year 3)
• Subsequent annual increases of 2%
OPERATIONAL STRUCTURE:
• Currently operates as unattended facility
• Coin-operated system in place
• Existing wash-and-fold service operates independently on-site at full machine rates
• Manual door operation with recommendation for automated timer-controlled security systems
INVESTMENT HIGHLIGHTS:
• Turnkey operation ready for immediate transition
• Established 22-year track record in stable location
• Equipment condition allows for continued operation while planning future upgrades
• Multiple enhancement opportunities to increase revenue and operational efficiency
• Unattended operation model provides operational flexibility
This investment offers an excellent entry point into the laundromat industry with established infrastructure and clear pathways for operational improvements and revenue growth. The facility's long-term presence in the market demonstrates location viability and customer base stability.
Asking Price: $60,000 (Cash transactions only)
FACILITY SPECIFICATIONS:
• Standalone building with approximately 1,800 square feet
• Excellent parking availability
• Equipment inventory: 37 washing machines and 24 dryers (approximately 22 years old)
• Mixed equipment configuration including 13 top-loading washers
• Four machines currently offline, presenting immediate improvement opportunity
LEASE TERMS:
• New 10-year lease available from landlord
• Structured rent schedule: $1,500 (Year 1), $1,750 (Year 2), $2,000 (Year 3)
• Subsequent annual increases of 2%
OPERATIONAL STRUCTURE:
• Currently operates as unattended facility
• Coin-operated system in place
• Existing wash-and-fold service operates independently on-site at full machine rates
• Manual door operation with recommendation for automated timer-controlled security systems
INVESTMENT HIGHLIGHTS:
• Turnkey operation ready for immediate transition
• Established 22-year track record in stable location
• Equipment condition allows for continued operation while planning future upgrades
• Multiple enhancement opportunities to increase revenue and operational efficiency
• Unattended operation model provides operational flexibility
This investment offers an excellent entry point into the laundromat industry with established infrastructure and clear pathways for operational improvements and revenue growth. The facility's long-term presence in the market demonstrates location viability and customer base stability.
Asking Price: $60,000 (Cash transactions only)
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,800
- Rent
- $1,500.00 per month
Listing Info
- ID
- 2449744
- Listing Views
Listing ID: 2449744 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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