Listing ID: 8115

Business Overview

This laundromat is in a small plaza amongst multiple communities. The plaza sits on a corner street accessible from both directions. There is only one other business in the plaza which leaves plenty of room for parking. Customers have the option for drop-off with same-day pickup. There are 90 machines in total, with 45 washers and 45 dryers. All machines are coin based. Landlord is willing to provide a 10-year lease with a 5-year option. This business has great reviews on multiple platforms and has been established for 20 years. This is a fantastic opportunity with minimal overhead and still retains potential for growth and expansion.

– Does no marketing or specials currently

– Coin Machines can be converted with a new card system

– Tons of potential for new cosmetic work

– No Sales Tax in The Laundromat Industry

 

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 towards a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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

Financial

  • Asking Price: $899,999
  • Cash Flow: $176,000
  • Gross Revenue: $465,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Plaza storefront in highly residential area.

Is Support & Training Included:

Yes

Purpose For Selling:

Owner is pursuing other interests.

Competition:

90 Machines all coin based and drop off and pickup services.

Opportunities and Growth:

Established for 20 years and great reviews on multiple platforms.