• Prime Roadside Visibility: Located on a main road with strong exposure and consistent customer flow.
• Revenue Diversity: Strong mix of self-service & wash & fold; vending and soap sales add additional margin.
• Absentee Friendly: Payroll structure supports absentee ownership.
• Years Established: Established in 2016.
• Secure Lease: 9 years remaining with (2) 5-year options; lease includes 3% annual increase on base rent.
• Equipment: 105 machines, Dexter 200G washers, 9 years old, with recent replacements and upgrades (new hoses, bearings, VTM system, and card readers).
• Payment Systems: LaundryWorks system for self-serve customers and Cents system for wash & fold operations.
• Spacious Layout: Includes basement for added storage and utility space.
• Staff in Place: 3 employees covering operating hours (7am–11pm). 5 hours per shift
• Operating Hours: 7 days/week, Mon–Sun.
• Established Market: Serves a growing local customer base with dense residential housing and stable middle-income demographics. The area features strong family presence and consistent demand for laundry services, ensuring ongoing utilization.
• Growth Potential: Significant value can be added by launching pick-up and delivery services. This location is perfectly positioned for that expansion, with high residential density and reliable access.
• Parking: Dedicated parking on-site.
• Reason for Sale: Laundromat is too far for owner to manage.
• No SBA Financing or Seller Financing.
Laundromat bank financing available, buyer must have 35-40% down payment or all cash deal.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2409702
