Absentee & Laundromat that is fully attended by a 3rd party who runs their wash/fold business from store.

Located on main road with plenty of parking in stand alone building.

Coin store but also utilizes PayRange app to accept credit.

Beautifully appointed interior. Remodeled and equipped with game, snack, soda & soap vending with plenty of seats and folding areas.

Recent upgrades include: new floor,, updated plumbing and electrical, renovated bathroom, new conference room, enhanced storage and well appointed decorations and seating.

Store has an independent business running a wash & fold service from within for over 12 years. Great arrangement as this person handles all of the wash & fold but uses the machines at the laundromat to process at retail prices. This person also helps out as an attendant when on site to the public. Seller also pays this 3rd party to process his PUD (Pick Up & Delivery) business. This person also opens and closes the store daily.

NOTE: Store recently signed up Airbnb account that is on target to generate $35,000 a year in revenue or additional $20,000 in Net Profit. This is NOT INCLUDED in revenue or profit.

Has cameras to view store from a distance.

Store does NOT have Auto lock doors to open and close daily automatically, thus, we suggest the new buyer look into installing.

26 washers & 20 dryers - 10-15 years old. All are Dexter except 6 new Samsung washers.

Store uses coins and Pay range. Store has 3 new change machines.

Great rent at $1775 per month for approx. 4000 sq ft. Laundromat operates from 4000 sq ft and has 11 years left on lease. Store also subleases space in building which is about 1,000 sq ft. Total building is about 5,000 sq ft.

Seller spends about 4-5 hours a week in store running operations and another 4-5 hours doing pick up deliveries. He is transitioning to Doordash/Uber through his POS for deliveries.

Van can be purchased separately for $7,000. it is a 2012 Ford Econoline 350 with 225,000 miles in excellent running condition.

List Price is $325,000 Slightly Negotiable
Some Seller Financing Will Be Considered

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BROKER's NOTE ON ABSENTEE: This store is run mostly absentee but as a former laundromat owner and broker who does 20 plus laundromats a year, the more time you spend at a store and manage it, the better. Most times when you see absentee, it just means that the owner has no set hours working the store, BUT, they need to be there weekly checking inventory, collecting cash, checking on maintenance, reviewing operations, managing work flow, managing staff, etc. Thus, you should always plan and on being at any store, even if marketed as "Absentee" for 10-15 hours a week minimum. Just my 2 cents but there is so much misleading info on laundromats in Social Media today. I tell all of my clients, "Laundromats are always more work than you think." Great business but if time is a concern, it may not be right for you.