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Turnkey Laundromat with Rental Income Potential- Huge Value-Add Opport
Business Description
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NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min
•Business Overview:
?Family-owned since 2007
?Laundromat generates approximately $50,000 annual net income 2024
?All-cash business
•Equipment:
?14 washers: 8 double-load, 6 triple-load (brands: Maytag & Wascomat)
?20 dryers (brand: Huebsch)
?Machines are over 20 years old and may require updating
•Building Details:
?1,550 sqft property
?Includes a 3-bedroom, 1.5-bathroom unit upstairs
?Upstairs unit rental potential: approximately $1,300/month
•Operating Details:
?Closed on Tuesdays and Thursdays
?Operating Hours: 42
?Owner operated
?Monthly utility bills: $1,500
?Taxes: $2,500 yr
?Insurance: $2,400 yr
?Zoned: CMX1 (Mixed-use commercial/residential zoning)
•Potential: Opportunity to modernize equipment and potentially increase revenue. Increase profitabilitiy with increase operating hours
NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min
•Business Overview:
?Family-owned since 2007
?Laundromat generates approximately $50,000 annual net income 2024
?All-cash business
•Equipment:
?14 washers: 8 double-load, 6 triple-load (brands: Maytag & Wascomat)
?20 dryers (brand: Huebsch)
?Machines are over 20 years old and may require updating
•Building Details:
?1,550 sqft property
?Includes a 3-bedroom, 1.5-bathroom unit upstairs
?Upstairs unit rental potential: approximately $1,300/month
•Operating Details:
?Closed on Tuesdays and Thursdays
?Operating Hours: 42
?Owner operated
?Monthly utility bills: $1,500
?Taxes: $2,500 yr
?Insurance: $2,400 yr
?Zoned: CMX1 (Mixed-use commercial/residential zoning)
•Potential: Opportunity to modernize equipment and potentially increase revenue. Increase profitabilitiy with increase operating hours
Listing Info
- ID
- 2321211
- Listing Views
- 9253
Listing ID: 2321211 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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