Hot Listing

Turnkey Retooled Laundromat with New Equipment & Long-Term Lease

Asking Price$420,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$280,000
Included in asking price
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Hot Listing

Turnkey Retooled Laundromat with New Equipment & Long-Term Lease


Asking Price$420,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$280,000
Included in asking price
Business Description
This established laundromat presents a rare opportunity to acquire a partially retooled operation with significant recent investment. Following a full restoration in 2024, the facility was upgraded with modern plumbing and electrical systems and outfitted with a majority of brand-new, high-capacity commercial washers and dryers, alongside some well-maintained existing equipment. This mix provides efficiency and reliability while reducing near-term capital needs.
The 2,285 SF facility is designed for customer convenience, offering ample parking, updated interior finishes, and a clean, welcoming layout optimized for self-service laundry. Its location benefits from a strong residential base, ensuring consistent demand from apartment dwellers, facilities, and local residents seeking reliable laundry services.
Currently operating solely as a self-service laundromat, the business offers multiple growth opportunities. A buyer could expand revenue by adding wash-and-fold service, pickup and delivery, or outsourced dry cleaning--all of which are in demand and can be implemented without major reinvestment. These additional services would enhance customer convenience while creating new revenue streams.
The long-term lease runs through December 2027, with two five-year renewal options, offering stability and security. While the business is still rebuilding customer traffic after its temporary closure, the upgraded infrastructure, card reader payment system, favorable lease terms, and retooled equipment position it for substantial growth
This is an excellent opportunity for an experienced operator or a new entrepreneur to stop into a partially retooled laundromat with modern systems already in place, scalable service options, and a foundation ready to generate strong returns with the right ownership.
About the Business
Years in Operation
8
Facilities & Assets
This business operates from a 2,285 SF storefront fully restored in 2024 after prior fire damage. It includes a mix of older equipment still in good working condition and a majority of brand-new, state-of-the-art commercial washers and dryers installed in late 2024-early 2025. The facility offers clean, modern furnishings, ample customer parking, and is leased through December 2027 with two five-year renewal options.
Market Outlook / Competition
Fully retooled with majority new equipment, reducing near-term capital needs. Business still rebuilding customer base after prior closure.
Opportunities for Growth
Expansion opportunity includes adding wash-and-fold service, pickup and delivery to capture busy customers, and outsourcing dry cleaning to broaden offerings without heavy investment. The updated equipment and ample space support service growth, while partnerships with local cleaners or delivery platforms could generate new revenue streams and strengthen customer loyalty.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Family Reasons
Transition Support
Yes. Negotiable.
Listing Info
ID
2420354
Listing Views
49

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Business Listed by: Orville Devonish Metrobrokers Inc.

Listing ID: 2420354 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.