Hot Listing
Turnkey Laundromat For Sale – High Traffic Location, Growing Revenue!
Business Description
HS Listing ID-65047
This is a well-maintained, owner-operated laundromat located in a busy plaza in Hampden County, Massachusetts. The facility offers a large parking lot for customer convenience and has been fully upgraded with modern infrastructure.
Asking Price: $490,000Facility Size: Approx. 2,000 SQF (to be confirmed by the owner).
Current rent: $2,076/month with a 2% annual increase.
CAM: $444/month (includes taxes).
3 years remaining on lease with two 5-year renewal options.
Landlord is flexible and willing to negotiate with a well-qualified tenant.
Equipment & Operations:
Total 44 units all refurbished put into service 1.5 years ago.
Total washers 23.
Total dryers 21.
75% of machines are card-operated; the rest are coin-operated.
All new floors, electrical system, plumbing, roof, venting, and water heater.
Nets $100,000 per year.
Grossing $8,500 per week.
Additional Income Streams:
Wash & Fold Services:
Offers wash-and-fold services with a few delivery accounts handled by the owner.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
This is a well-maintained, owner-operated laundromat located in a busy plaza in Hampden County, Massachusetts. The facility offers a large parking lot for customer convenience and has been fully upgraded with modern infrastructure.
Asking Price: $490,000Facility Size: Approx. 2,000 SQF (to be confirmed by the owner).
Current rent: $2,076/month with a 2% annual increase.
CAM: $444/month (includes taxes).
3 years remaining on lease with two 5-year renewal options.
Landlord is flexible and willing to negotiate with a well-qualified tenant.
Equipment & Operations:
Total 44 units all refurbished put into service 1.5 years ago.
Total washers 23.
Total dryers 21.
75% of machines are card-operated; the rest are coin-operated.
All new floors, electrical system, plumbing, roof, venting, and water heater.
Nets $100,000 per year.
Grossing $8,500 per week.
Additional Income Streams:
Wash & Fold Services:
Offers wash-and-fold services with a few delivery accounts handled by the owner.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $2,076.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2333504
- Listing Views
- 6455
Listing ID: 2333504 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 SaleMassachusetts Businesses for SaleMassachusetts Personal Product & Service Businesses for SaleMassachusetts Coin Laundry & Laundromat Businesses for Sale
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