HS Listing ID-70867

Asking Price: $140,000
Cash Flow: Approx. $45,000–$47,000 SDE
Gross Revenue: Approx. $86,000–$90,000 annually
Location: Central Louisiana
Real Estate: Leased
Business Type: Coin Laundry / Laundromat

This established owner-operated laundromat presents an opportunity for an owner-operator or investor seeking a value-add business with recurring cash flow and upside potential. The business operates in a high-visibility downtown corridor with steady customer traffic and minimal staffing requirements.

The operation is primarily self-service laundry with additional wash-and-fold revenue and a small commercial account already in place. The current owner spends only a few hours per day overseeing operations, making this a relatively simple business to manage.

The facility is approximately 2,500 square feet and includes:
• 17 Speed Queen dryers
• Approximately 25–30 Hybush and Maytag washers
• Existing customer base
• All operational equipment included in sale

Key highlights include:
• Consistent repeat customer traffic
• Strong reported margins
• Low overhead structure
• Simple operating model
• Month to month lease with landlord reportedly open to a long term agreement
• Minimal payroll and staffing requirements

There is significant upside for a buyer willing to modernize and improve operations. Potential growth opportunities include:
• Adding digital/card payment systems
• Upgrading older equipment
• Expanding wash and fold services
• Adding vending and ancillary revenue streams
• Growing commercial laundry accounts
• Improving facility aesthetics and pricing power

The current ownership structure relies heavily on family labor and internally handled maintenance, which has helped maintain strong margins. Buyers should expect some future capital expenditures related to aging equipment and operational improvements.

Financial overview:
• Gross Revenue: Approx. $86,444
• Reported Net Income: Approx. $43,510
• Adjusted Seller Discretionary Earnings: Approx. $45K–$47K
• Utilities represent the largest expense category

The owner is selling to free up capital for a personal home purchase. Seller may consider limited seller financing for qualified buyers.

Important Notes:
• This is NOT an SBA financeable opportunity
• Looking for cash buyers or buyers with readily available capital
• NDA and proof of funds required prior to release of detailed financials and seller introduction

This business is best suited for:
• Owner operators
• First-time business buyers
• Investors seeking a turnaround/value-add opportunity
• Buyers looking for stable cash flow with operational upside

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION