Many Laundromats have good profits but need new equipment which is expensive. This store has new equipment but is lacking the profits. This store needs someone to build the sales especially Wash & Fold as well PUD (Pick Up & Delivery). Once you build the sales higher, you wont have any major capital improvements for a while.

Well appointed store in well maintained plaza with plenty of parking.

Store has been here over 20 years and current owner has had it for 6 years.

Lease has about 10 years left. Approx 1000 sq ft for $3019 per month.

He hasn't had the time to build the Wash & Fold and Pick Up & Delivery business. This is key for next owner.

Owner has substantially more than the $150,000 list price invested in the store.

Store is run both attended and unattended. It does have auto lock doors.

2 workers cover most of the hours and the owner and his wife come in abut 10 hours each to run store and do some pick up & deliveries.

The broker has ideas to help buyer grow wash & fold business and PUD business. We will discuss with potential buyers.

21 Washers of which 16 are 2 years old. The other 5 are approx. 10-12 years old.New machines are Dexter.

20 dryers that are 2 years old. New machines are Dexter.

A store like this with infrastructure (plumbing, heating, gas, sewer) and new equipment would be substantially more than $150,000 to build.

Store is at a breakeven so any increase in sales will have a large impact on profits.

List Price = $150,000 FIRM
CASH offers Only.
No Seller, SBA or bank financing.