Turn-Key Modern Laundry Business with Potential to Grow
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Steady Cash Flow in Recession- Proof Business
This well-established laundromat is located in highly visible location where apartments are concentraded. This laundromat producs consistent cash flow and has significant growth potential if wash & fold delivery service is resumed. This coin laundry business is operated by a single owner and occupies a spacious 2,400 sf 24 hours with an attendant in day time and unmanned at night. The laundromat is equipped with 25 washers and 24 dryers, 2 to 15 years old and in excellent working condition. The business features mostly newer, top-of-the line Huebsch, Primus or Continental commercial washers and the commercial dryers with the same brands, offers free dry, accepts both coin and cashless payments, and includes remote-access capabilities for cameras, HVAC, and door controls, contributing to streamlined management and security.
Income is generated through multiple complementary revenue streams, including self-service laundry, retail, over-the-counter sales, and drink and snack vending machines.
Income is generated through multiple complementary revenue streams, including self-service laundry, retail, over-the-counter sales, and drink and snack vending machines.
About the Business
- Years in Operation
- 12
- Employees
- 1 Full-time
- Facilities & Assets
- I. Washer
20 Lbs Huebsch: 13
30 Lbs Primus: 4
40 Lbs Continental: 2
55 Lbs Primus: 2
60 Lbs Huebsch: 2
70 Lbs Primus : 2
II. Dryer
30 Lbs Primus: 24 - Market Outlook / Competition
- The closest competitor is one mile away.
- Opportunities for Growth
- Resuming pickup-and-delivery services will raise revenue approximately 20%.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- $4,200.00 per month
- Lease Expiration
- 2/24/2034
About the Sale
- Seller Motivation
- Taking a break from business.
- Transition Support
- Two weeks training to be provided.
- Financing Options
- SBA loan available
Listing Info
- ID
- 2475044
- Listing Views
Listing ID: 2475044 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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