Hot Listing
Turnkey fully attended laundromat with lubricate profit margin
Business Description
This is a rare opportunity to own a high-cash-flow laundromat with minimal owner involvement, located in a densely populated area surrounded by apartment complexes, trailer parks, and established residential neighborhoods. The business runs smoothly with a loyal customer base and significant potential for growth—especially by expanding the wash-and-fold service, which is currently underutilized. The current owner does not run any commercial accounts, leaving a wide-open opportunity to boost revenue with local businesses. With a stable income, low overhead, and hands-off operation, this laundromat is perfect for both first-time buyers and seasoned investors. In addition, there are about 2.4 million dollars’ renovation project taking place in the apartment complexes surrounding it, which will increase the customer base tremendously in the near future. The owner will provide one week of comprehensive training to ensure a smooth transition. Don’t miss this turnkey, cash-generating opportunity!
About the Business
- Years in Operation
- 23
- Number of Employees
- 2
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $1,400.00 per month
- Lease Expiration
- 7/1/2034
About the Sale
- Financing Options
- With $280k down payment, seller will finance the rest at 8.5% over 5 years.
Listing Info
- ID
- 2394870
- Listing Views
- 1385
Listing ID: 2394870 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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