$1.5M High-Income Laundromat | Financing Approved

This is one of the strongest laundromats I have come across and an excellent opportunity for a buyer looking for a proven, semi-absentee operation without taking on a headache.

The loan has already been approved with 50% down, and the interest rate came in much lower than anticipated. Due diligence has been completed, the numbers match, and the inspection is complete.

The business is only 5 years old, with modern equipment, a strong hybrid cash + card payment system, excellent branding and reviews, and a highly trained staff that is expected to stay. Wash-and-fold income is also continuing to grow.

Highlights:

Need NDA and meeting in person prior to releaseing information
Financing approved at 50% down
5-year-old modern facility and equipment
61 washers / 37 dryers
Approx. 3,600 SF
Rent only $5,400/month + NNN
4 years remaining + two 5-year options but landlord will extend for a longer lease
Hybrid cash/card system with trackable revenue
Fully trained staff in place
Strong reviews, branding, and repeat customer base
Growing wash-and-fold business
Excellent location surrounded by apartments, major retailers, highways, and new development
Cooperative, easy-to-work-with landlord

For someone looking for a high-income laundromat that is already established, staffed, verified, and operating smoothly, I highly recommend taking a serious look at this opportunity.