Hot Listing
Three Operating Laundromats on the South Coast of Oregon
Business Description
EXECUTIVE SUMMARY
Three Operating Laundromats on the South Coast of Oregon represents an exceptional opportunity to acquire an established, profitable laundromat chain generating $665,000 in annual revenue with $330,000 in seller's discretionary earnings. Located in Coos Bay, North Bend, and Reedsport, Oregon, this turnkey operation has been successfully serving the community since 2020.
BUSINESS HIGHLIGHTS
• Strong Financial Performance: Generating substantial cash flow with a 49.6% profit margin on annual revenue
• Strategic Market Position: Three locations strategically positioned to avoid internal competition with minimal external competition (only two smaller competitors within 20-mile radius)
• Modern Equipment: All locations feature updated, mechanically sound Dexter Express equipment and CCI FasCard payment platform
• Absentee Owner Operation: Currently operated with minimal hands-on management, requiring only routine maintenance
• Excellent Lease Terms: Secure long-term lease through December 31, 2040, at $8,500 monthly for 5,700 square feet
• Turnkey Operation: Fully functional facilities ready for immediate operation
LOCATION ADVANTAGES
The three laundromats serve key communities along Oregon's South Coast, providing essential services to residents and visitors. The strategic positioning eliminates internal cannibalization while maintaining market dominance in the region.
FINANCIAL OVERVIEW
• Annual Revenue: $665,000
• Seller's Discretionary Earnings: $330,000
• FF&E Value: $525,000
• Asking Price: $1,800,000
OPERATIONAL BENEFITS
• Established customer base with four years of operational history
• Modern payment systems enhancing customer convenience
• Minimal labor requirements due to self-service model
• Recession-resistant business model serving essential community needs
This represents an ideal investment for entrepreneurs seeking a proven, cash-flowing business with strong fundamentals and growth potential in Oregon's coastal market. The seller is divesting to focus on other business operations, creating an opportunity for a new owner to acquire this profitable enterprise.
Qualified buyers can expect comprehensive financial documentation and smooth transition support from the current absentee owner.
Three Operating Laundromats on the South Coast of Oregon represents an exceptional opportunity to acquire an established, profitable laundromat chain generating $665,000 in annual revenue with $330,000 in seller's discretionary earnings. Located in Coos Bay, North Bend, and Reedsport, Oregon, this turnkey operation has been successfully serving the community since 2020.
BUSINESS HIGHLIGHTS
• Strong Financial Performance: Generating substantial cash flow with a 49.6% profit margin on annual revenue
• Strategic Market Position: Three locations strategically positioned to avoid internal competition with minimal external competition (only two smaller competitors within 20-mile radius)
• Modern Equipment: All locations feature updated, mechanically sound Dexter Express equipment and CCI FasCard payment platform
• Absentee Owner Operation: Currently operated with minimal hands-on management, requiring only routine maintenance
• Excellent Lease Terms: Secure long-term lease through December 31, 2040, at $8,500 monthly for 5,700 square feet
• Turnkey Operation: Fully functional facilities ready for immediate operation
LOCATION ADVANTAGES
The three laundromats serve key communities along Oregon's South Coast, providing essential services to residents and visitors. The strategic positioning eliminates internal cannibalization while maintaining market dominance in the region.
FINANCIAL OVERVIEW
• Annual Revenue: $665,000
• Seller's Discretionary Earnings: $330,000
• FF&E Value: $525,000
• Asking Price: $1,800,000
OPERATIONAL BENEFITS
• Established customer base with four years of operational history
• Modern payment systems enhancing customer convenience
• Minimal labor requirements due to self-service model
• Recession-resistant business model serving essential community needs
This represents an ideal investment for entrepreneurs seeking a proven, cash-flowing business with strong fundamentals and growth potential in Oregon's coastal market. The seller is divesting to focus on other business operations, creating an opportunity for a new owner to acquire this profitable enterprise.
Qualified buyers can expect comprehensive financial documentation and smooth transition support from the current absentee owner.
About the Business
- Years in Operation
- 5
- Facilities & Assets
- Three complete laundromat operations in Coos Bay, North Bend, and Reedsport OR. Well maintained Dexter Express washers and Dexter dryers. FasCard payment platform in all three locations.
- Market Outlook / Competition
- Strategically located so as not to compete with each other, and only two smaller coin-op laundromats located within 20 mile radius.
- Opportunities for Growth
- 400 unit housing complex being built immediately next-door to North Bend location with no individual laundry facilities will increase this flagship store's revenue even more. Expanded hours of operation (Currently running 8AM - 8PM and 9AM -7PM) will also increase cashflow immensely.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,700
- Rent
- $8,500.00 per month
- Lease Expiration
- 12/31/2040
About the Sale
- Seller Motivation
- Investing in other business operations.
Listing Info
- ID
- 2447557
- Listing Views
- 85
Business Location
Listing ID: 2447557 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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