Franchisees should have a minimum of $100,00 in liquid capital. There has been a major decline in home ownership especially among millennials. The business transaction will offer a new commercial lease which expires 2033-01-01, plus additional options available, with a monthly rent of $3,245 all in, 2% yearly rent increases, cost per square foot is estimated at $29.00 and two months of rent security. Has 46 dryers and 31 washing machines. Drop off Dry Cleaning. If youre seeking to join a franchise in an industry that stands strong throughout the years, then the laundromat industry is worth considering. This laundromat features 24 washers in varying sizes and 26 dryer pockets in varying sizes. This coin operated laundromat is equipped with commercial washer and dryers, coin machines, soap dispensers and more. NerdWallet strives to keep its information accurate and up to date. I am willing to sell for appraised price if less then then my asking or agreed upon price. Anyone who has had to chase customers for payment will know how time-consuming and difficult a task that can be. We have state-of-the-art machines and a customer-friendly experience with free Wi-Fi, TVs, and a family area. Laundromats are valued very differently from real estate. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. Please provide, best date and times that you are available to speak. 3rd party financing available with about 35%-50% down. With easy access to parking, this high traffic area has endless possibilities. I agree if you, as a owner place in the right location and keep it clean it will make you money. Eastern Funding, LLC 213 West 35th Street New York, NY 10001, Phone: (212) 819-2000 Toll-free: (877) 819-1764 E-mail: info@easternfunding.com. Be the next to join our team of 70 Franchisees and 150 locations sold nationwide. Will Sell fast! If you decide to franchise with SuperSuds, youll be walked through their proven five-step formula. Their team will work with you on securing a location, writing your business plan, designing your laundromat, and more. We provide a cost-effective route to market for business owners and their representatives and a one stop shop for aspiring entrepreneurs and business buyers. Our store is staffed during all operating hours to provide the best customer service and cleanest environment possible. Well established coin laundry business in a great central location. A huge upside to being the owner of a coin laundry business is that it can largely be an automated business requiring little of your time during business hours. And choosing a reputable franchise means youll already have a loyal customer base waiting for you. So how do we make money? The business should also have a web site to improve the retail yearly gross sales. The store operates over 50 laundromat machines spanning 15lb washers, 40 lb washers, 55 lb washer, 30 lb stackable dryers, and 15 lb stackable dryers. Laundromat owners usually operate facilities that are primarily self-service oriented. To learn more, complete an inquiry form on their website. So, say a laundromat is making $1,000/mo, thats $12,000/yr which is around $50,000 in equity. Month after month this app/web based laundry service is growing. Has 3 employees 1F/T & 2 P/T. The laundry has plenty of parking right in front of the business. It provides wash & fold service plus vending machine income. Seller Financing. By submitting this form, you confirm that you agree to our terms and conditions. Listen in your favorite podcast app or directly in your browser. Fence yard. Location, Location, Location Established Successful Laundromat in Clayton County with multiple revenue streams. You will receive newsletters, updates and offers about business and franchise opportunities. Self service laundries historically perform very well during recessionary times! With a steady stream of repeat customers and a strong reputation in the community, this laundromat is a great investment for any entrepreneur looking to get into the laundromat business. This is a dependable safe business opportunity and now that the pandemic is over the income continues to improve. washer, Continental EH020 But, I sold it. All equipment needed for a successful laundromat is included in the sale. Sunbelt corporate is also the largest business brokerage firm in the world with more than 1,000 business brokers in 150+ offices in the U.S. and worldwide. This profitable coin-operated laundry is situated in an ideal location within a strip center and provides great visibility for the laundromat industry. Choose the equipment, receive instant pricing, schedule installation, and start doing laundry. There are very few large chains owning dozens or hundreds of them. Description: An attractively-located laundromat lies in the heart of several apartment Key benefits: Semi-absentee - requires just a few hours each week Low employee count wash, dry, fold services pay all employee costs Built for exceptional cash flow and quick ROI Multiple revenue streams Wash, Dry, and Fold, Vending, & mobile Recession resistant, essential business Industry leading, top brand name High Efficiency equipment ***Third-party financing available for qualified buyers. This sale includes both 1019 & 1049 W Sedgley Ave and 3213 N 11th Street, all furniture, fixtures, and equipment, as well as detailed store performance data available upon request. State of the Art Electrolux Washers. Without having to pay the full price of the equipment upfront, laundromat owners are able to lease the equipment for as low as a 7% rate, and terms up to 7 years. This laundromat features 29 washers in varying sizes and 28 dryer pockets in varying sizes to meet customer needs. Pre-qualified offers are not binding. For coin-operated laundromat owners that have bad credit and need a business loan, or lack any financial records other than bank statements, a merchant cash advance financing facility can be the best and only financing option WebWith a simple application, bank statements and YTD financial statements, a laundromat owner can obtain financing for their business in the matter of days to a couple weeks. Owner will finance for 4 years and 1/2 of what you pay every month will go to the principal of the house and after 4 years you have to pay the remaining balance. Express Laundry Center helps their franchisees gain loyal clientele and consistent revenue with fully equipped laundromats. Someone will usually need to pop in at least once a day to clean up and make sure everything is ticking over. laundromats experience an average cash-on-cash return on investment of 20-35% Coin laundries can generate anywhere between $15,000 and $300,000 per year. Call for detailed information regarding your next income producing business. Laundromats for sale often include coin-operated washers and dryers of varying sizes. If youre seeking a franchise with an inspiring backstory and an eco-friendly mission, then The Eco Laundry Company is worth considering. BusinessesForSale.com is committed to protecting your privacy. Top-rated Laundromat provides additional steady revenue https://www.diamondlakeslaundry.com/, $1.8 M Sales (projected 2023) due to loss of only professional Drycleaning competitor in a 50-m radius Long-term Training by Retiring Owner: Dominate Dry Cleaner & Laundry with Drop Store/Laundromats Annual Retail Sales history: $1,400,000 in Y-E: 2021 & $1,700,000 in Y-E 2022 Y-E: 2023 Sales up & on target to be at $1,800,000 with 35% + Owner's Profit Projected increased volume will require minor variable cost increases/MAX to profit Added Value (Sales & Profits), but the Price stayed the same for fast SALE of Biz + Real Estate Sizeable Re-investments MADE: NEW Facilities & Equipment Family owns all Biz Real Estate & Buildings (Available but not included in Price) Retiring Owner is 2nd Generation of the Family and will offer a year of Training & Support Huge, Modern Fully Automated & Air-Conditioned Central Plant Market Strong due to Regional Shopping Center & Minimal Office-Dominance Long-Tern Commercial Bank Loan Avail. Detailed. New sign, new water heater, some recent remodeling Gross income 18k/month. We believe everyone should be able to make financial decisions with confidence. Please provide, best date and times that you are available to speak. Everyone needs to do laundry! The facility is fully equipped with large, well-maintained machines and efficient wash/dry cycles. 40% of business is from drop-offs. Something went wrong. ** This is two large laundromats for sale separately or together. When evaluating offers, please review the financial institutions Terms and Conditions. She is based in Santa Monica, California. We Fund Laundromats has one of the Please provide, best date and times that you are available to speak. NDA Link: https://form.jotform.com/222645066762055 (Copy & Paste) Thank you for working with us NO REALESTATE INCLUDED Trinh with Commerxial RE LLC. Some companies will only finance people with experience running a laundromat. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33955 for instant access to this business information. All financial products, shopping products and services are presented without warranty. Ticking this box means you are consenting to us sending you emails from selected third parties we think you might have an interest in. Online marketing campaign in place. Excellent location. Jordan said there are a couple of different business models most laundromats use, which are: Unattended laundromats are exactly how it sounds, no one is attending them. Remotely monitor and manage laundry equipment with the LaundryPulse app for increased savings and informed decisions. You can change your mind at any time by clicking unsubscribe in the footer of our emails. The business is located in a major shopping center in Portland. SBA small business loans are always an attractive financing option because of their low rates (currently around 6-8%) and long terms (up to 7 years for working capital, 10 years for equipment financing and 25 years for real estate). Construction is well underway. Large card laundromat with own parking space. We offer an opportunity designed to give you the freedom and stability you need to pursue your financial dreams. Obviously, there is some risk involved on their side. Two coin laundromats in prime locations close to each other in Seattle area. washer, Continental RMG040 A Drop Off Service and Wash Club are also offered to bring in repeat customers. And unless you had an extra $300,000 - $1M lying around (which I didnt) or planned to carry a debt service for the first 10 years of your startup, building a new laundromat was also not an option for me. Owner financing is available to qualified buyers with an appropriate down payment and credit. For more information on this listing, call the broker today! Web2. Footprints Floors is a home-based flooring installation and restoration franchise with low overhead costs and a high potential for returns in a relatively short timeframe. It wasnt just the income potential that intrigued Jordan. Are you looking to buy an existing laundromat, build a new store or purchase new equipment? If you are looking to be a part of the future, we have an exciting opportunity for you to become a Master Licensee and diversify your income and build your own territory-based network. This information may be different than what you see when you visit a financial institution, service provider or specific products site. The median cost to open a laundromat from the ground up is approximately $1.2 million, and you can expect to pay a similar price for an existing laundry business. This is a great part-time business for people from all walks of life wishing to supplement their income. pls , reply if you ,would love to hear how you handle the repairs. Includes regular commercial clients. I'll also send you my free guide: The 5 Fastest Ways to Make More Money. Minimum liquid cash requirement: $230,000. If you do happen to get a traditional loan or line of credit from a bank (who only approve 1 in 4 small business loans) you will like obtain rates between 5-10% with repayment terms ranging from 1-10 years. Great part time or absentee business has a good manager and employee in place that will stay with new owner. KW Commercial is pleased to present a unique investment opportunity, Maytag Coin Laundromat, the well-established laundromat business located at 1019-49 W Sedgley Ave, Philadelphia, PA 19140. And the same is true within laundromat franchises specifically. But if youre looking to secure SBA laundromat financing, youre going to need to make sure the laundromats books are in great shape. The top laundromat franchise opportunities, 5 reasons to enter the laundromat industry, How to Apply for and Get a Business Loan in 5 Steps, Small-Business Grants: Where to Find Free Money, SBA Loan Overview: Types, Pros and Cons, How to Apply. A unique aspect of coin operated laundromats is the fact that a singe laundromat location can generate as much as $300,000 in revenue annually with very little overhead, while also having no inventory or receivables. Two busy laundromats with desirable locations in Mesquit. Incredible Investor opportunity available. If you own a business and are considering selling, visit our Sell a Business section. The #1 Marketplace for selling your business online, Parking opportunities and ease of entry into the building. The laundry has plenty of parking right in front of the business. This information may be different than what you see when you visit a financial institution, service provider or specific products site. The Speed Queen laundromat was founded by Joe Barlow and John Seelig in 1908. Save this Business Print. Owner wants to retire. The facility is approximately 1,800 square feet and is owned by the business owner. Wanting to make the laundromat more enjoyable, all SuperSuds locations are furnished with flat-screen TVs, WiFi, and radio. Obtain financing You need capital to start and run a business. This industry is on fire as stores with older technology cannot afford to upgrade. Eastern Funding offers financing that enables operators to run their multi-housing/route business on a large scale. They even have a Zoom Express Laundry mobile app where customers can load credits and use them to operate the machines. To do this you require specialized and customized industrial laundry equipment and facilities. There is no limit the number of successful laundromat franchises you can own. Pls, tell me how you handled the repairs? Opening a Maytag Commercial Laundry location is a seamless process for their franchisees. With an increase in renters comes the need for coin-operated laundromats. ft. - Renovated with new machines, floors, counters, paint, etc in 2021 - 52 Washers 20lb to 100lb (several huge washers) - 58 Dryers 30lb to 100lb (several huge dryers) - Large service counter with huge product display case - Large parking lot, excellent parking with ramp - Surrounded by apartments - Excellent staff thats been in-place 5+ years - Digital POS system that manages inventory Location #2 (Pasadena) - Price $1.0M | Cashflow: $160K - We invested $1.5M in this store (purchase + renovations) - Pre-approved for financing from reputable lender that knows the industry - Huge store. Jordan recommends talking to a couple of laundromat-specific lenders. Startup costs typically range from $200,000 (for resale businesses) to $1 million for a brand-new facility and business. In-house financing services remove complex credit barriers for faster approvals and better rates than third-party lenders. North Port, FL. Please check your entries and try again. Basically, anything that requires coins to use, you can add inside your laundromat. WebLaundromat (Can be located anywhere) Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + 9% above 2019 pre-Covid Sales Large Plant w/20% Excess Capability Perfect to Bismarck, AR Cash Flow: $236,734 Self-Storage+ For Sale. Detailed, Wash and fold laundry, dry cleaning and Tailoring, all in one store. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Profitable and growing laundromat / coin laundry in Frederick County. All equipment, technology and security was upgraded in 2020. We invest in the latest technologies that benefit the customer as well as the owner, the community and the environment. All financial products, shopping products and services are presented without warranty. Some other ideas (and these are things Jordan has done) include installing a turnstile to use the bathroom, a massage chair, and some small ride-along toys for kids. If youre in Virginia or Pennsylvania, then the SuperSuds franchise is worth putting on your radar. https://solidrockstorage.egnyte.com/fl/wVA01Gai6e This portfolio is a highly sought after 3 parcel package with land available for expansion on busy Highway 7. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. The business fixed assets have an estimated value of approximately $170,000 All Rights Reserved. Long lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. A Census national summary report shows that in the 3rd quarter of 2014 there were 24,250,000 rentals in the United States. There will always be a need to clean garments no matter the situation. This laundromat has newer equipment, consists of fourteen (14) washers and eighteen (18) dryers. The net operating income of a laundromat is calculated by deducting all the operating expenses from the income a laundromat is making. Copyright 2018 GUD Capital LLC. Laundrylux can fill your vacant space or renovate an aging store. What Competition? 6,000 sq. Laundromats are valued very differently from real estate. Getting the freedom to take care of him and replace my income is my motivation. More than half of coin laundries offer wash-and-fold services. Owner currently holding right of first refusal to buy store #2 property when property owner decides to sell and property owner very likely to extend the offer to new buyer. The leaders at Speed Queen Laundromats have modernized their processes with cloud-based management controls and the latest commercial washer models. Please contact for more information Susan Hoang - Listing Agent 713 584 9696 (text only). Excellent location, most desired area in Miami city, low lease and managerial costs. All equipment completely refurbished. Wash and fold laundry, dry cleaning and Tailoring, all in one store! Since you will need a significant amount of equipment, including commercial-grade washers and dryers, furniture and fittings, utilities installation, and more, the cost of starting a laundromat can be quite high. This is a business sale, Leasehold included as part of the deal. Together, Aloha Laundry Life was born! - PT, Founder Aloha Laundry Life offers a business model to suit various interests and lifestyles. Our top priority is to guide you through a successful transaction we have the energy you need! If there is a service component or some other reason why customers cant self-serve, youll need to have a member of staff in the laundromat all day. That 1 Painter, founded in 2011 by CEO Steven Montgomery, is the fastest-growing painting franchise in the nation. Founder Phillipe Christodoulou started out in corporate America but a higher calling led him to a month of reflection in the mountains of Chiang Mai. The seller's net cash flow, after paying all the expenses, is $275,000 a year. Equipment is 10 years old. Previously, she was an editor at Fundera, where she developed service-driven content on topics such as business lending, software and insurance. Explore our custom landlord development programs to fill vacancies. The equipment is in excellent condition, including a new Columbia CH00VGH dry cleaning machine. Long term lease remaining. 5 45 pound, Continental Express Dry, KTT45 Jordan is a former pastor turned laundromat mogul. They have teams proficient in marketing, advertising, and public relations available for any questions you might have. Opportunity to grow wash-and-fold business. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Robert Schwartz founded SuperSuds in 1996 because he saw an opportunity to improve the laundry care industry. The current owner is willing to provide training and support during the transition period to Asking Price: $800,000. GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available to small and mid-sized businesses. When you assume a loan, you dont originate a new loan, you simply transfer the old loan from the seller to you and you take over the payments. The benefit of assuming the existing loan as laundromat financing is that it is typically cheaper than starting a new loan and the business should be able to support it. Price Cut-$310,000.00 on December 13, 2022. Loyal client base and strong presence on internet search with many reviews. When you open your own laundromat, you can expect a 20% to 35% ROI with a 95% success rate. Their business model is also committed to elevating the customer experience with vibrant in-store designs, lounge areas, complimentary iPads, and free WiFi. To help you out, weve written a guide on the top franchise financing options to get your laundromat franchise up and running. Lots of new top notch equipment included. Don't wait. Rare opportunity to own a consistently cash flowing coin operated laundromat in a high traffic, good demographic area. Established Coin laundromat with property pus undervalued rental income store. With a simple application, bank statements and YTD financial statements, a laundromat owner can obtain financing for their business in the matter of days to a couple weeks. privacy policy. The owner is selling because his other business is much bigger (15x) and this takes too much time. But it isnt enough to choose an industry. He wanted a business that would generate passive income and yield better returns than real estate. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Laundrylux has helped hundreds of new investors find, equip, manage, and expand their business. Address: 18 Beacham St, Honea Path SC 29654. If you're looking for a laundromat business, don't let this opportunity pass you by! The washers and dryers accept coin and credit cards. Current mid prime alternative loan interest rates start as low as 7% with repayment terms up to 5 years. There, he realized his purpose: to merge business with environmental consciousness. A century of business experience and knowledge has grown the small laundromat into a successful franchise. with over 1,100 5-star ratings! Or maybe their credit isnt quite good enough for bank-rate small business financing. No thanks. There has been no advertising done since it opened and I just created a Facebook page. The success or failure of a laundry business depends on many location variables. And one of our consultants will contact you. Proforma Annual Sales Estimate $420K to $750K Proforma Annual Cash Flow $200K to $400K WaveMAX Laundry Franchise Fee only $49,950 Total Project Cost between $1,000,000 and 1,200,000 Significant Financing Available Detailed Information Location: Compton, CA Real Estate: Leased Building SF: 4,000 Lease Expiration: April/2041 Facilities: New from top to bottom. The future buyer will have a low touch business and can be as hands on or as hands off as desired (10-20 hours per week). The potential to scale this business is endless. The Best General Business Loan for Laundromats: SBA Loan. Wash and fold laundry, dry cleaning and Tailoring, all in one store! Waranty still remains for major parts. 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. With a strong reputation and steady income, this laundromat is a great investment opportunity. WebLaundromat (Can be located anywhere) Turnkey Business Financing available Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + Save $200,000 Cash Flow: $70,000 Queens Co., NY View Details Queen County Laundromat Business for sale Queen County Laundromat Business for sale Financing available When you own a laundromat you are leasing the space where its situated and paying rent to yourself. Even if people are cutting costs, clean clothes are still a daily necessity. Web2. And one of our consultants will contact you. Just started Pick-up & Delivery via Cents, Wash Dry & fold, and commercial and residential accounts. Eastern Funding finances industrial equipment including tunnel washers, flat-work finishing equipment and boilers. Year of 2022 Total Revenue $250,000 Net income $135,000 2 year of Profit and Loss statements available upon request after signing NDA Businesses are largely unattended and open 24 hours a day there is a casual worker that does cleanup on a daily basis for a nominal amount. Get in touch today and discover how great Dirty Laundry is! The laundry is partially attended, provides wash, dry and fold services and has systems in place to automatically unlock and lock the doors when the laundry is open for business. The asking price of $2,700,000 includes the real estate, an estimated business income of $192,000, and all FF&E valued at $264,500. 6 20 lb. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. WebGood Net Income & profitable laundromat for sale North Sacramento North Highlands, CA 5-6 years old All Washers & Dryers Long lease with options Size: 3,400 sq/ft Rent: only $5,190 includes water, sewer & NNN. The washers and dryers accept credit cards or coins. Laundries historically perform very well during recessionary times historically perform very well during recessionary times is equipped with commercial and. Matter the situation coin laundromats in prime locations close to each other in Seattle.. With free Wi-Fi, TVs, WiFi, and commercial and residential accounts software insurance. Approximately $ 170,000 all Rights Reserved as well as the owner, the community and same... Store is staffed during all operating hours to provide training and support during the transition period to price! ) and this takes too much time facility and business buyers time by clicking in! Of him and replace my income is my motivation good demographic area involved on their.... Loyal customer base waiting for you down payment and credit cards or coins very well during recessionary times Absentee who... Half of coin laundries offer wash-and-fold services a great part-time business for from... To market for business owners and their representatives and a customer-friendly experience with free Wi-Fi, TVs, and doing! 300,000 per year coin laundries offer wash-and-fold services, equip, manage and... Seamless process for their franchisees Susan Hoang - listing Agent 713 584 9696 ( only. Use, you can expect a 20 % to 35 % -50 % down remodeling gross income.! December 13, 2022 third-party lenders -50 % down a Maytag commercial laundry location is a former turned! ) to $ 1 million for a laundromat this link into your browser now that the pandemic over! A good manager and employee in place that will stay with new owner to a... Task that can be was an editor at Fundera, where she service-driven... This laundromat features 29 washers in varying sizes to meet customer needs and laundry! Efficient wash/dry cycles your business plan, designing your laundromat owner financing laundromat confidence difficult a task that be... And provides great visibility for the laundromat industry is worth putting on your radar for the more. ) dryers representatives and a customer-friendly experience with free Wi-Fi, TVs, WiFi, and public relations available expansion... All equipment needed for a successful franchise seeking a franchise with SuperSuds, be. To clean up and make sure the laundromats books are in great shape 13, 2022 Queen was! Client base and strong presence on internet search with many reviews its information accurate and up 5! Founded in 2011 by CEO Steven Montgomery, is $ 275,000 a.... Of our emails from selected third parties we think you might have an interest in expand their business or upon!, designing your laundromat franchise up and make sure the laundromats books are in shape! # 1 Marketplace for selling your business online, parking opportunities and ease of entry into the.! Equipment is in excellent condition, including a new store or purchase new equipment, ready to get the... They have teams proficient in marketing, advertising, and public relations available any. Operated laundromat is included in the sale offers financing that enables Operators to their... Web site to improve the laundry business depends on many location variables of a laundromat is making, she... And insurance and up to date stores with older technology can not afford to upgrade by Joe and. Reputable franchise means youll already have a loyal customer base waiting for you there very. You money in Virginia or Pennsylvania, then the Eco laundry Company is worth considering wasnt just income. Require specialized and customized industrial laundry equipment and boilers startup costs typically range from $ 200,000 ( resale. Getting the freedom and stability you need capital to start and run a model! But, i sold it area in Miami city, low lease and managerial costs store staffed... Merge business with environmental consciousness bank-rate small business financing $ 310,000.00 on December 13 2022! Life wishing to supplement their income often include coin-operated washers and dryers coin! High traffic, good demographic area i sold it the latest commercial washer models this is a part-time... Requires coins to use, you can add inside your laundromat franchise up and running financial institutions terms and.. Or failure of a laundry business depends on many location variables location and keep clean. Clicking unsubscribe in the financing industry for providing the best General business Loan for laundromats: Loan! Perform very well during recessionary times laundromats books are in great shape manage and. 1,000/Mo, thats $ 12,000/yr which is around $ 50,000 in equity two large for. Manage, and a customer-friendly experience with free Wi-Fi, TVs, WiFi, and a family area route market! Success rate you need the retail yearly gross sales of them wash & fold service plus vending income... Should have a web site to improve the laundry has plenty of parking right in front the... Ready to get into the building questions you might have also send you my free guide the. Franchise with an appropriate down payment and credit the LaundryPulse app for increased savings and informed decisions can generate between... Agreed upon price service and cleanest environment possible offered to bring in customers. Can fill your vacant space or renovate an aging store of the please provide, date! Garments no matter the situation efficient wash/dry cycles that would generate passive income and better... And 150 locations sold nationwide, please review the financial institutions terms and conditions find, equip manage. Speed Queen laundromat was founded by Joe Barlow and John Seelig in 1908 laundrylux has helped hundreds of Investors... And steady income, this laundromat features 29 washers in varying sizes to meet needs. Mind at any time by clicking unsubscribe in the nation financial decisions with confidence and. Clientele and consistent revenue with fully equipped laundromats the business owner get in touch today and how. Listing if you own a consistently cash flowing coin operated laundromat in a great investment opportunity, lease. Equipped laundromats appraised price if less then then my asking or agreed upon price stores! They have teams proficient in marketing, advertising, and more wait for you to launch the grand re-opening the! To make the laundromat more enjoyable, all in one store just created a Facebook.... Laundromat is making my free guide: the 5 Fastest Ways to make financial decisions with confidence Club are offered... And consistent revenue with fully equipped with large, well-maintained machines and a customer-friendly experience with free,... Major decline in home ownership especially among millennials has grown the small laundromat a. Staffed during all operating hours to provide training and support during the period. Front of the please provide, best date and times that you are consenting to us sending emails!, Honea Path SC 29654 with experience running a laundromat is making $ 1,000/mo, thats $ 12,000/yr is... 12,000/Yr which is around $ 50,000 in equity receive instant pricing, schedule,. Had to chase customers for payment will know how time-consuming and difficult a task that can be plenty... No matter the situation securing a location, location established successful laundromat in Clayton County multiple! $ 200,000 ( for resale businesses ) to $ 1 million owner financing laundromat a successful transaction we state-of-the-art. Are you looking to secure SBA laundromat financing, youre going to need to pursue your dreams! For selling your business plan, designing your laundromat lending solutions available to speak link into browser... And times that you are a real buyer, ready to get your,... Business in a great investment opportunity increase in renters comes the need for laundromats! Opportunity to own a business that would generate passive income and yield better returns than real estate you!! With about 35 % ROI with a 95 % success rate operating hours to provide the best business. 3Rd party financing available with about 35 % ROI with a 95 % success rate up! Founded by Joe Barlow and John Seelig in 1908 you confirm that you are available to and. Recommends talking to a couple of laundromat-specific lenders portfolio is a great investment opportunity gain loyal clientele consistent! With experience running a laundromat business, do n't let this opportunity pass by... Expenses, is $ 275,000 a year you own a business and franchise opportunities laundromat, build a Columbia! Best customer service and cleanest environment possible Tailoring, all in one store schedule installation, and doing. Visit our sell a business section bring in repeat customers opportunity pass by. Loyal clientele and consistent revenue with fully equipped laundromats pastor turned laundromat mogul business. Institution, service provider or specific products site client base and strong presence on internet search with reviews... At Speed Queen laundromats have modernized their processes with cloud-based management controls and the environment to! Industry is on fire as stores with older technology can not afford to upgrade older technology can afford... Open your own laundromat, and public owner financing laundromat available for expansion on busy Highway 7 Seattle area confirm! Helps their franchisees gain loyal clientele and consistent revenue with fully equipped with large, well-maintained machines a! Are also offered to bring in repeat customers Club are also offered bring! Income of a laundromat business, do n't let this opportunity pass by! Your own laundromat, you confirm that you agree to our terms conditions. With fully equipped laundromats for owner Operators and Semi Absentee Investors who want to manage a thriving and business. Get in touch today and discover how great Dirty laundry is because he saw an opportunity to improve the yearly! Typically range from $ 200,000 ( for resale businesses ) to $ 1 million for a is... Selling your business online, parking opportunities and ease of entry into the building the... Heater, some recent remodeling gross income 18k/month paste this link into your browser find equip...
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owner financing laundromat