Hot Listing
Coin Op Laundromat-Brand New Machines-Location Location Location
Business Description
JUST REDUCED…!!!!!…COMPLETELY REDONE WITH NEW WASHERS AND DRYERS JUST INSTALLED.......This established laundromat location is on track to produce $114,000 of annual net income. ($9,000.00 per month)Located on a high traffic street corner. Business has 5 star reviews on google. Income can potentially increase with wash and fold revenue. Currently ran absentee. Owner operator can produce additional cash flow operating the business. If your looking for an absentee business that will generate cash flow while still doing your day job or if your looking to add this asset to your current portfolio this is the business for you.
Long lease already in place for new owner. This coin op laundromat also offers some gaming and vending machines. Approximately $500k in just brand new washers and dryers alone.
All potential buyers must submit proof of funds in order to receive additional information. Potential buyers who do not have the necessary down payment requirements will not be given additional information, no exceptions! Please email statements to Myagentsalim@gmail.com
Update!!!
2025 Year to date P&L Jan.-Jun.:
Gross Washer and Dryer Revenue $81,036.00
Gross Arcade and Vending Revenue. $20,083.50
Total Gross Revenue $101,119.50
Expenses:
Rent $9,000.00
Avg. Utilities $19,200.00
Employees $10,200.00
Internet $642.00
Alarm $180.00
Insurance $2,100.00
Total Expenses: $41,322.00
Net Profit (6 Months) $59,797.50
Most laundromats peak between year 2 and 3. There is still greatpotential for additional income to be produced. In addition Laundromats typically produce most of their income with higher sales from November to January with summer months being the slowest in the year.
YTD Average monthly Income currently: $9,966.25
Financing can be obtained for new and/or existing qualified laundromat owners with a minimum of 35% down .
After an offer is made and accepted potential buyer and/or buyers will have the opportunity to conduct their due diligence within a specified period to verify all income and expense reports.
Long lease already in place for new owner. This coin op laundromat also offers some gaming and vending machines. Approximately $500k in just brand new washers and dryers alone.
All potential buyers must submit proof of funds in order to receive additional information. Potential buyers who do not have the necessary down payment requirements will not be given additional information, no exceptions! Please email statements to Myagentsalim@gmail.com
Update!!!
2025 Year to date P&L Jan.-Jun.:
Gross Washer and Dryer Revenue $81,036.00
Gross Arcade and Vending Revenue. $20,083.50
Total Gross Revenue $101,119.50
Expenses:
Rent $9,000.00
Avg. Utilities $19,200.00
Employees $10,200.00
Internet $642.00
Alarm $180.00
Insurance $2,100.00
Total Expenses: $41,322.00
Net Profit (6 Months) $59,797.50
Most laundromats peak between year 2 and 3. There is still greatpotential for additional income to be produced. In addition Laundromats typically produce most of their income with higher sales from November to January with summer months being the slowest in the year.
YTD Average monthly Income currently: $9,966.25
Financing can be obtained for new and/or existing qualified laundromat owners with a minimum of 35% down .
After an offer is made and accepted potential buyer and/or buyers will have the opportunity to conduct their due diligence within a specified period to verify all income and expense reports.
About the Business
- Years in Operation
- 1
- Employees
- 1
- Facilities & Assets
- Completely renovated location. Everything new and redone
Listing Info
- ID
- 2344475
- Listing Views
- 12822
Listing ID: 2344475 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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