Value-Add Laundromat – Huge Upside with TLC
Business Description
**All cash or unsecured loan offers only**
Please provide your contact information to automatically receive the NDA and Buyer Profile form.
We are receiving a high volume of calls for the sale of the business. We are unable to answer every phone call. The best route is to email and/or text Abby Ganzon should you have any questions.
Asking Price: $400,000
Rent: ~$2,640 plus NNN
Lease: 10/31/29 plus 10-year option
Employee: 2 Part-time
Established: 2021
Size: 1,100 sq ft
Established: 2021
Employee: 2 Part-time
Please provide your contact information to automatically receive the NDA and Buyer Profile form.
We are receiving a high volume of calls for the sale of the business. We are unable to answer every phone call. The best route is to email and/or text Abby Ganzon should you have any questions.
Asking Price: $400,000
Rent: ~$2,640 plus NNN
Lease: 10/31/29 plus 10-year option
Employee: 2 Part-time
Established: 2021
Size: 1,100 sq ft
Established: 2021
Employee: 2 Part-time
About the Business
- Years in Operation
- 5
- Facilities & Assets
- 28 Dryers
22 Washers
Dexter T 300 – small load washer
Speed Queen – large load washer
Dexter 2x – small load washer
Huebsch – large load washer
MayTag – large load washer
Dexter Tripple Load – large load washer
MayTag – large load washer
Maxi Load 600 – small load washer
Speed Queen Stack – dryers
Dexter Stack - dryers
28 - Speed Queen and Dexter for dryer
21 - Different brands for washer - Market Outlook / Competition
- The laundromat benefits from a neighborhood retail location with steady traffic from nearby businesses including coffee shop, convenience stores, fitness businesses, and a well-established residential customer base.
Competition is moderate to high, creating an opportunity for a new owner to increase sales by upgrading equipment, improving the store's appearance, offering cashless payment options, and expanding services such as wash-and-fold and pickup/delivery.
With operational improvements and targeted marketing, the business is well positioned to grow market share and increase profitability. - Opportunities for Growth
- Increase revenue by upgrading equipment, introducing cashless payment systems, adding wash-and-fold and pickup/delivery services, enhancing the customer experience, and implementing local marketing. The established location provides a strong foundation for long-term growth and increased profitability.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,100
- Rent
- $2,640.00 per month
- Lease Expiration
- 10/31/2029
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- Negotiable.
Listing Info
- ID
- 2522632
- Listing Views
Listing ID: 2522632 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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