Coin laundromat is in a 6,186 SF retail freestanding building built in 1969. The building is fully leased out with the laundromat currently occupying around 4,000 sf where the remaining square footage is occupied by a tanning studio. The adjacent side where the tanning studio is located can be renovated to accommodate a dry cleaners, shoe repair, drapery cleaning, etc. The building is located on a busy intersection with over 15 parking stalls allocated. In this current market sector this is the only formidable laundromat in the area. They have a tremendous amount of foot traffic and ideal demographics to support the business. In this current market sector this is the only formidable laundromat in the area. They have a tremendous amount of foot traffic and ideal demographics to support the business. The business has cash flowed over $250,000 for the last 3 years with strong trends this year. The owner is willing to offer seller financing to a qualified buyer.
This cleaners is located in a fast growing suburb. Has all the equipment you need to grow and improve sales.
This cleaners needs a little help, but could be brought back to its former sales. Seller will consider all offers.
This is the perfect time to acquire this cleaners, with all new updated equipment and sales on the raise.
Dry cleaning unit for sale! Good mix of commercial accounts along with in-store accounts. Business is located at 5401 Penn Ave. South Minneapolis. Great visibility off of Penn Ave with heavy traffic from Ace Hardware. Business must sell!
Saint Paul, MN
Established over 40 years ago. Two locations including fully equipped dry cleaning plant-second does laundry and is a drop station for dry cleaning. Both in great St. Paul neighborhoods. Sales about $450,000 to $480,000 consistently. cash flow to an owner operator projected at about $180,000. Employs about eight full time and four part time employees-can be semi-absentee owned with current employees and managers.
This business listing consists of 4 laundromat locations with real estate attached. The owner will entertain selling each unit individually depending on the deal structure. Locations are all metro based and will vary in sq. footage from 2,500 - 3,500. Locations have been recently renovated and consist of flat screen tv's, vending machines, and arcade games. These are owner/operator units with cash flow at $300,000 and real estate attached. One location may have some redevelopment opportunities as well. Assets include front loading machines along with stacker dryers. Each unit can be purchased individually depending on the deal structure.
Self Service Car Wash & Laundromat For Sale $495,000 with the 7 Commercial Vacant Lots For More Information Contact Jim Callahan J.H. Callahan and Associates email@example.com 651-455-8858 Office 612-701-3978 Cellular
Saint Paul, MN
Established 40 years in two locations. Full service laundry and dry cleaning. One facility houses the plant, the other is equipped for laundry services. Extensive equipment package included for both operations. Solid sales and profits. Owner operator estimated cash flow about $185,000. Facilities- 5000 square feet for one and 1000 square feet for the second- are leased; rent about $2750 and $1750 respectively. Twelve employees-can be reduced by owner operator by at least two positions. Sales about $456,000 in 2014; about 65% dry clean and 35% laundry. Recent upgrades in equipment (dry cleaning machine and shirt machine).
This is a unique opportunity to own a turnkey well-established business that has served the community for over 30 years. Owner is semi-absentee (6 hrs/week) with 2 part time employees. Business generates steady sales and cash flow providing coin operated laundry and drop counter dry cleaning services. The store has auto locks on doors and automated lighting with store opening and closing. Lease is assumable with long time landlord.
This business has lots of room to work and expand when needed. The $56,000 cash flow is achieved by closing a drop store and reducing costs associated with that store and assuming the seller/ landlord will agree to $1,000 per month plus real estate taxes as rent for the plant.
The projected cash flow for 2015 will be closer to Approx $214,000. This cash flow number will be arrived at by eliminating several one time costs paid in 2015 and closing down one drop store. The cash flow is arrived at by the new owner doing the manager duties at the plant. If new owner wanted to just mange the business, he would have to hire a full time plant manager of about $35,000 per year. So the cash flow to a owner manager would be $147,000 in 2014 and projected $180,000 in 2015.
Owner has owned and operated this store for the last 20 years. Has a nice customer friendly feel. A new owner will have to work this laundry full time to make the $25,000 the seller reports as income.
Eden Prairie, MN
This business has a great history of customer service and many repeat customers.. It is one of the longest established dry cleaners in town. Cash flow of approx $76,000 is assuming new owner will work the store 40 plus hours a week.
This would be a great location for another business to come in and join this dry cleaning business such as Tailoring or a shirt unit business etc.
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