Listing ID: 70199

Business Overview

Annual Figures:

Gross Revenue: $450,000

Net Profit: $161,200

Rent: $126,600 ($10,050 a month)

Business Highlights:

Spacious 3,000 sq. ft. laundromat located on a high-visibility corner in a densely populated area with dedicated parking

Prime location near major universities and large apartment complexes, generating consistent customer traffic and strong repeat business

107 Continental machines (52 washers and 55 dryers), approximately 12 years old and well maintained

Modern ESD electronic payment system providing convenient customer payment options and efficient operations

Same owner for over 10 years, demonstrating stable operations and a well-established customer base

Flexible ownership model – currently owner-operated but easily convertible to a semi-absentee or fully staffed operation

Estimated net profit of approximately $161,200 annually, including projected staffing expenses

Strong lease in place with approximately 11 years remaining, providing long-term operational stability for a new owner

Reason for Sale: Owner is motivated to sell and retire after many successful years of operation

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $950,000
  • Cash Flow: $161,200
  • Gross Revenue: $450,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:3,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.