3-Location Laundromat Portfolio, 1 With Real Estate
Business Description
Rare opportunity to acquire a three-location laundromat portfolio in the Columbus, Ohio metro area generating over $461,000 in combined annual revenue and $228,000 in net operating income in 2025. The portfolio includes one property with owned real estate and two additional leased locations — offering a mix of asset appreciation, passive rental income, and operational cash flow under one acquisition.
The flagship location owns its land and building outright and benefits from two additional commercial tenants who contribute $26,400 per year in supplemental rental income. This location alone generated over $234,000 in revenue and $197,000 in total income (laundry NOI plus tenant rent) in 2025, representing the core of the portfolio's value. No rent expense at this location means cash flow goes directly to the bottom line.
The second location serves a dense urban corridor near a major university and benefits from a consistent renter population with high, year-round demand for laundry services. The third location serves a suburban market and presents the clearest opportunity for operational improvement — with stable revenue in the $120,000+ range, a new operator with focused management attention has room to improve margins meaningfully.
All three locations run on commercial-grade Dexter washer and dryer equipment with CCI card payment systems and credit card failover at every location — no coin dependency. Vending (snacks, soap, soda) adds supplemental revenue at all sites. Both leased locations carry leases with approximately 10 years of remaining term, providing long-term security for an incoming owner.
The Columbus metro area is one of the fastest-growing markets in the Midwest, with a population approaching 930,000, a median age of 33, and a homeownership rate of just 44% — meaning the majority of residents rent, creating structural, non-discretionary demand for laundromat services. Laundromats nationally maintain a 94–95% five-year success rate, operate as recession-resistant businesses, and benefit from the ongoing shift to cashless, app-based payment systems.
This is an ideal acquisition for a financial buyer, investor group, or owner-operator looking to step into a scaled, established platform with real estate upside, immediate cash flow, and clear paths to grow all three locations. Contact us today to request financials and additional information.
The flagship location owns its land and building outright and benefits from two additional commercial tenants who contribute $26,400 per year in supplemental rental income. This location alone generated over $234,000 in revenue and $197,000 in total income (laundry NOI plus tenant rent) in 2025, representing the core of the portfolio's value. No rent expense at this location means cash flow goes directly to the bottom line.
The second location serves a dense urban corridor near a major university and benefits from a consistent renter population with high, year-round demand for laundry services. The third location serves a suburban market and presents the clearest opportunity for operational improvement — with stable revenue in the $120,000+ range, a new operator with focused management attention has room to improve margins meaningfully.
All three locations run on commercial-grade Dexter washer and dryer equipment with CCI card payment systems and credit card failover at every location — no coin dependency. Vending (snacks, soap, soda) adds supplemental revenue at all sites. Both leased locations carry leases with approximately 10 years of remaining term, providing long-term security for an incoming owner.
The Columbus metro area is one of the fastest-growing markets in the Midwest, with a population approaching 930,000, a median age of 33, and a homeownership rate of just 44% — meaning the majority of residents rent, creating structural, non-discretionary demand for laundromat services. Laundromats nationally maintain a 94–95% five-year success rate, operate as recession-resistant businesses, and benefit from the ongoing shift to cashless, app-based payment systems.
This is an ideal acquisition for a financial buyer, investor group, or owner-operator looking to step into a scaled, established platform with real estate upside, immediate cash flow, and clear paths to grow all three locations. Contact us today to request financials and additional information.
About the Business
- Years in Operation
- 11
- Employees
- Card-based payment and vending systems designed for lean staffing. Minimal owner
- Currently Home Based
- Yes
- Facilities & Assets
- Three Columbus metro locations. Westerville owns its land and building; 29 washers (18lb-90lb Dexter) and 13 dryers. Campus location: 31 washers, 27 dryers including 80lb unit. Whitehall: 24 washers, 21 dryers with 2021-upgraded 50lb stacks. All locations: CCI card payment with CC failover, snack/soap/soda vending, camera systems, folding tables, water heater and tank. Equipment ~7 years old — Dexter commercial grade.
- Market Outlook / Competition
- The US laundromat industry generates an estimated $6.8–7.2 billion annually with a 94–95% five-year success rate. Columbus, OH is one of the fastest-growing cities in the Midwest (population ~930,000, projected to reach 930K by 2026). With a median age of 33 and a homeownership rate of just 44%, Columbus has a large renter base that depends on self-service laundry. The portfolio's three locations serve distinct submarkets: a suburban owner-occupant corridor, a university district, and a high-density suburban neighborhood.
- Opportunities for Growth
- All three locations operate with minimal digital marketing and no delivery or pickup laundry service — both are growing revenue channels in the laundromat industry. The Whitehall location in particular has stable revenue ($120K+) with margin upside from tighter cost controls on utilities and staffing. Extended hours at the Westerville location (currently closed before 9:30AM Monday) could capture additional morning traffic. Adding wash-and-fold or pickup/delivery at any location represents a documented growth lever in this industry.
Real Estate
- Owned or Leased
- Leased
- Rent
- $5,600.00 per month
About the Sale
- Seller Motivation
- Seller is consolidating interests and seeking to transition the portfolio to a n
- Transition Support
- The seller will provide transition support and training covering daily operations, payment system management, vendor relationships, and utility monitoring across all three locations. The portfolio's card-based payment infrastructure and vending systems are designed for streamlined, low-staff operations. Seller is motivated to ensure a smooth handoff.
- Financing Options
- Cash offers eligible for additional discount.
Listing Info
- ID
- 2508973
- Listing Views
Listing ID: 2508973 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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