Established Laundromat with Prime Location and Growth Potential
Asking Price: | $179,000 |
Established Year: | 1994 |
Gross Revenue: | $140,000 |
Established Laundromat with Prime Location and Growth Potential – Ideal for Experienced Buyers.
This laundromat has been in operation for over 30 years, with the current owner running it for the past 12 years, in a prime location. The facility spans 3,000 sq. ft. and includes three bathrooms and one office. The current rent is $3,700 per month on a month-to-month basis, allowing the new owner the opportunity to negotiate a new lease with the landlord. The AC system was replaced 5 years ago.
This opportunity is best suited for a buyer familiar with the business and able to recognize its potential. If a buyer is unwilling to invest in necessary updates to machines, flooring, the boiler, and other items, this laundromat may not be the right fit.
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