Hot Listing
Turn Key Laundromat with 22 Years of Term Remaining & Strong Cash Flow
Business Description
Free Standing Building with 12 Exclusive Parking Spaces
Established Laundromat business for Sale by an Absentee Owner. Prime Lawrence, MA location in Business for over 20+ Years. Term Remaining: 7.5 years + (3) 5-year options (total 22 years)
An exceptional opportunity to acquire a well-established, fully operational laundromat. This turn-key laundromat business has been serving the local community for over two decades and is currently being sold by an absentee owner, presenting immediate upside potential for a hands-on operator or investor seeking a stable, cash-generating business in a densely populated and growing market. This laundromat is a proven performer in a dense, working-class community where the demand for laundry services remains consistently strong. Whether you're an experienced operator looking to expand or an investor seeking a dependable cash-flow business, this opportunity combines operational stability with room to grow.
Features & Highlights
1. 4,000 square feet of open-plan interior space built out for efficient laundromat operations.
2. 12 dedicated parking spaces in a private lot – a rare amenity in the area.
3. Highly visible signage.
4. Extensive package of commercial-grade washers and dryers, well-maintained and fully operational.
5. Clean, bright interior with customer seating, folding areas, and vending options.
6. Long-term lease in place with favorable terms for continuity and stability.
7. Absentee ownership—significant room for revenue growth through hands-on management.
8. Solid base of repeat customers, walk-in traffic, and established local reputation.
9. Recession-resistant business model in a high-demand urban neighborhood.
10. Minimal staffing requirements and low fixed overhead.
NDA must be executed for more information. Proof of Funds required.
An exceptional opportunity to acquire a well-established, fully operational laundromat. This turn-key laundromat business has been serving the local community for over two decades and is currently being sold by an absentee owner, presenting immediate upside potential for a hands-on operator or investor seeking a stable, cash-generating business in a densely populated and growing market. This laundromat is a proven performer in a dense, working-class community where the demand for laundry services remains consistently strong. Whether you're an experienced operator looking to expand or an investor seeking a dependable cash-flow business, this opportunity combines operational stability with room to grow.
Features & Highlights
1. 4,000 square feet of open-plan interior space built out for efficient laundromat operations.
2. 12 dedicated parking spaces in a private lot – a rare amenity in the area.
3. Highly visible signage.
4. Extensive package of commercial-grade washers and dryers, well-maintained and fully operational.
5. Clean, bright interior with customer seating, folding areas, and vending options.
6. Long-term lease in place with favorable terms for continuity and stability.
7. Absentee ownership—significant room for revenue growth through hands-on management.
8. Solid base of repeat customers, walk-in traffic, and established local reputation.
9. Recession-resistant business model in a high-demand urban neighborhood.
10. Minimal staffing requirements and low fixed overhead.
NDA must be executed for more information. Proof of Funds required.
About the Business
- Years in Operation
- 19
- Facilities & Assets
- Equipment Mix:
12 x 20 lb Washers
11 x 30 lb Washers
12 x 40 lb Washers
3 x 80 lb Washers
52 x 30 lb Dryer Pockets
Additional Amenities:
Cold Drink Machine
Snack Machine
Security Cameras
Folding Tables
25 Laundry Carts
Customer Seating
TVs
Brand new POS system - Market Outlook / Competition
- Located in the of Lawrence, sits on a high-traffic arterial road that connects residential and commercial zones. The surrounding area is composed primarily of multifamily housing, local businesses, churches, schools, and neighborhood services—creating a dense, walkable environment that supports consistent customer flow.
- Opportunities for Growth
- Opportunity to increase and grow services such as wash-and-fold, drop off dry cleaning, pickup & delivery.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Lease Expiration
- 9/30/2032
About the Sale
- Seller Motivation
- Absentee Owner Selling Businesses
- Transition Support
- Minimal staffing requirements and low fixed overhead.
- Financing Options
- Financing Available For Qualified Operators/Buyers
Listing Info
- ID
- 2372387
- Listing Views
- 17899
Listing ID: 2372387 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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