Hot Listing

Recently Renovated Laundromat Including Real Estate!

Asking Price$239,000

Cash Flow
$30,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$75,000

Inventory$1,500
Included in asking price
FF&E$50,000
Included in asking price
Real Estate$350,000
Included in asking price
Vending/Seating
Front of Building
Dexter Front Loader
Dexter Dryers
New Cabinets/ Store Counter
Top Loader Washers
Vending/Seating
Front of Building
Save1/6
Hot Listing

Recently Renovated Laundromat Including Real Estate!


Asking Price$239,000

Cash Flow
$30,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$75,000

Inventory$1,500
Included in asking price
FF&E$50,000
Included in asking price
Real Estate$350,000
Included in asking price

Seller Financing Available
Business Description
For Sale: Flashes Laundry – Cash-Flowing Laundromat + Prime Real Estate + Expansion Goldmine
-1 S Myrtle Ave, Willard, OH 44890
- Asking: $229,999 | - Appraised: $350,000 (Post-Renovation)
- Financials Available to Qualified Buyers | - 100% All-Cash Business

- Investor Alert: This is Not Just a Laundromat — It’s a Fully Renovated, Income-Generating, Real Estate-Backed ATM with Expansion Potential on Tap.
Located on a high-visibility downtown corner lot, Flashes Laundry combines rock-solid business income, real estate ownership, and untapped upstairs development potential into one powerhouse investment opportunity.

Whether you're looking for a low-maintenance, cash-based business or a high-yield real estate play with add-on value—this checks every box.

THE BUSINESS: Clean, Updated, and Profitable
Fully operational, well-known community laundromat with steady local traffic and zero labor-intensive complexity.

$80,000 in recent renovations mean no deferred maintenance and no surprises.

Open 7 days a week with self-serve convenience and customer loyalty.

Operates as an all-cash business — no invoicing, no accounts receivable, just real-time income.

INCLUDED ASSETS – Revenue Engines That Never Sleep
Dexter Front-Load Commercial Washers – Industry-leading equipment. Durable, efficient, and customer-approved.

Commercial Top-Load Washers – Great for quick cycles. Built for turnover.

Dexter Stack Dryers (Gas) – Maximum drying power in minimal space. Fast, reliable, and cost-effective.

Laundry Vending Machine – Passive profit selling soaps, dryer sheets, and more.

Every machine is positioned for speed, volume, and simplicity — keeping customers cycling and the money flowing.

SYSTEMS THAT KEEP YOUR TIME FREE AND PROFITS SECURE
Modern Camera Security System – Interior and exterior coverage with remote access. Monitor operations anywhere, anytime.

Brand-New HVAC System – Installed June 2025, ensuring customer comfort and equipment safety year-round.

Upgraded Plumbing, Electrical & Water Heaters – Included in the $80K renovation. This place is built for business, not band-aids.

REAL ESTATE: You Own It. You Control It.
Sale includes the land and building — full ownership on a premium downtown corner lot.

Appraised at $350,000 after renovation — yours for just $229,999.

High foot traffic, easy access, and great curb appeal.

This is income-producing real estate from day one — and that’s before you even touch the upstairs.

SECOND FLOOR: A Blank Canvas for Your Next Stream of Revenue
Upstairs is completely cleaned out to the studs, ready for a transformation.

Ideal for:

-Apartments or short-term rentals

-Professional offices or studios

-Expansion of laundry services

-Creative commercial use

With utilities accessible and structure intact, you’re holding a second income stream just waiting to be activated.
WHY INVESTORS LOVE THIS:
- Real estate + business in one
- Fully renovated – zero capex needed
- Secure, camera-monitored operations
- All-cash income – no billing, no delays
- Expansion-ready space for huge upside
- Priced well below market value
- Recession-resistant, essential industry
- Easy to manage or outsource

- Bottom Line:
You're buying:

A cash-spinning laundromat

A corner-lot commercial building

A renovated, maintenance-free facility

A ready-to-build second floor

A business that needs no employees, no marketing gimmicks, and no headaches

All for $120,000 LESS than its current appraised value.

Let’s talk.
Qualified buyers can review full financials with a signed NDA. Schedule your walkthrough today. Opportunities like this don’t stay on the market — they get scooped up by smart money.
About the Business
Years in Operation
1
Number of Employees
0
Facilities & Assets
INCLUDED ASSETS – Revenue Engines That Never Sleep
Dexter Front-Load Commercial Washers – Industry-leading equipment. Durable, efficient, and customer-approved.

Commercial Top-Load Washers – Great for quick cycles. Built for turnover.

Dexter Stack Dryers (Gas) – Maximum drying power in minimal space. Fast, reliable, and cost-effective.

Laundry Vending Machine – Passive profit selling soaps, dryer sheets, and more.

Every machine is positioned for speed, volume, and simplicity — keeping customers cycling and the money flowing.

New HVAC as of 06/26
Market Outlook / Competition
Flashes Laundry is the only laundromat in downtown Willard and just 1 of 2 in the entire town. Unlike its highway-adjacent competitor, Flashes is walkable, highly visible, and benefits from steady foot traffic. Laundromats are recession-proof, essential services with low overhead and consistent demand—making this location a rare, cash-flowing asset with virtually no direct competition.
Opportunities for Growth
SECOND FLOOR: A Blank Canvas for Your Next Stream of Revenue
Upstairs is completely cleaned out to the studs, ready for a transformation.

Ideal for:

- Apartments or short-term rentals

- Professional offices or studios

- Expansion of laundry services

- Creative commercial use

With utilities accessible and structure intact, you’re holding a second income stream just waiting to be activated..

Wash and Fold Services, Commercial Accounts and More.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,500
About the Sale
Seller Motivation
The owners have several other investments including 4 restaurants, a large renta
Transition Support
Owners are willing to provide full transition of business.
Financing Options
Seller's open to Creative Financing
Listing Info
ID
2374624
Listing Views
9351
Business Location

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Adam Ryman

Listing ID: 2374624 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.