Ideally Located Laundromat For Sale With Parking
Business Description
HS Listing ID-67533
Well-Established Operation – Successfully owned and operated by the same owner for over 20 years.
Favorable Lease Terms – Owner of the property (not included in sale) will provide a new 10+ year lease with a target base rent
of $2,500/month and modest 2.5% annual increases.
Spacious Facility – Large 3,000+ sq. ft. layout housing 36 Maytag washers and 46 Maytag dryers.
Absentee Ownership – Currently run absentee with owner visiting only 1–2 times per week.
Staff in Place – Store is managed by 1 full-time and 1 part-time employee who oversee wash & fold operations.
Modern Systems – Equipped with a POS system and card payment machines, ensuring verifiable and transparent sales records.
Prime Location – Strategically positioned on a main road with parking included, driving consistent customer traffic.
Attractive Valuation – Perfectly priced around a 3.5x multiple, supported by favorable lease terms, absentee ownership, solid infrastructure, and decently aged machinery.
Reason for Sale – Owner is looking to retire after more than two decades of successful operation.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Well-Established Operation – Successfully owned and operated by the same owner for over 20 years.
Favorable Lease Terms – Owner of the property (not included in sale) will provide a new 10+ year lease with a target base rent
of $2,500/month and modest 2.5% annual increases.
Spacious Facility – Large 3,000+ sq. ft. layout housing 36 Maytag washers and 46 Maytag dryers.
Absentee Ownership – Currently run absentee with owner visiting only 1–2 times per week.
Staff in Place – Store is managed by 1 full-time and 1 part-time employee who oversee wash & fold operations.
Modern Systems – Equipped with a POS system and card payment machines, ensuring verifiable and transparent sales records.
Prime Location – Strategically positioned on a main road with parking included, driving consistent customer traffic.
Attractive Valuation – Perfectly priced around a 3.5x multiple, supported by favorable lease terms, absentee ownership, solid infrastructure, and decently aged machinery.
Reason for Sale – Owner is looking to retire after more than two decades of successful operation.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $2,500.00 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Yes.
Listing Info
- ID
- 2413024
- Listing Views
Listing ID: 2413024 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.
Businesses for SalePennsylvania Businesses for SalePennsylvania Personal Product & Service Businesses for SalePennsylvania Coin Laundry & Laundromat Businesses for Sale
Similar Listings
