Turnkey Laundromat – 17 Years, Wash & Fold
Business Description
Established coin laundry with wash and fold service. Seventeen years. Prime Charlotte County location.
Well established and consistently maintained self service laundromat located in a desirable Charlotte County community. Operating successfully for 17 years, this clean and organized facility features 17 washers and 8 dryers, including 7 stack units and 1 single dryer, all professionally maintained.
The business is situated in a standalone building on a busy thoroughfare and benefits from excellent visibility. Recent interior and exterior improvements have created a true turnkey opportunity for a new owner.
In addition to strong self service revenue, the business offers wash and fold services supported by a loyal base of repeat customers. A new owner could further increase revenue by introducing pickup and delivery services to expand market reach and recurring revenue.
Advertised financials assume an owner operator replacing the current wash and fold attendant. However, the business can also be operated as a mostly absentee investment, with the attendant in place at an approximate annual payroll cost of $23,000, while still maintaining an attractive return on investment.
Confidential sale. Execution of a non disclosure agreement is required for detailed financials and additional information.
Listing # 924-01598
Well established and consistently maintained self service laundromat located in a desirable Charlotte County community. Operating successfully for 17 years, this clean and organized facility features 17 washers and 8 dryers, including 7 stack units and 1 single dryer, all professionally maintained.
The business is situated in a standalone building on a busy thoroughfare and benefits from excellent visibility. Recent interior and exterior improvements have created a true turnkey opportunity for a new owner.
In addition to strong self service revenue, the business offers wash and fold services supported by a loyal base of repeat customers. A new owner could further increase revenue by introducing pickup and delivery services to expand market reach and recurring revenue.
Advertised financials assume an owner operator replacing the current wash and fold attendant. However, the business can also be operated as a mostly absentee investment, with the attendant in place at an approximate annual payroll cost of $23,000, while still maintaining an attractive return on investment.
Confidential sale. Execution of a non disclosure agreement is required for detailed financials and additional information.
Listing # 924-01598
About the Business
- Years in Operation
- 17
- Employees
- 1 Part-time
- Facilities & Assets
- $25,000 Leasehold Included
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,700
- Rent
- $2,317.00 per month
About the Sale
- Seller Motivation
- Other Business Interests
- Transition Support
- Weeks Training: 2 Cost: 0
Listing Info
- ID
- 2478038
- Listing Views
- 33
Listing ID: 2478038 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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