• 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: 15 year lease; ends in 2040.
• 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 wash and fold is recorded by hand.
• Spacious Layout: Includes basement for added storage and utility space.
• Staff in Place: 4 employees covering operating hours (24 hours).
• Operating Hours: 7 days/week, Mon–Sun. (24hrs/day)
• 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.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2443485
