High Volume, Profitable Laundromat in San Francisco - SALE PENDING
Asking Price: | $331,000 |
Gross Revenue: | $240,000 |
Cash Flow: | $80,000 |
EBITDA: | $80,000 |
Thank you everyone for your interest, but we have accepted an offer at this time. If the offer falls through, I will update our listing accordingly and reach out to everyone who has submitted an intake form. Best of luck with your search!
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Outstanding opportunity to own a clean, safe, and high performing laundromat in a desirable San Francisco neighborhood! Loyal customer base, strong online presence and brand, widely loved by the neighborhood.
This gem of a laundromat is a fantastic starter business or semi-passive investment for the right buyer. Easy to understand business model. Recession resistant and resilient - regardless of what’s going on in the economy, customers will always need to wash their clothes.
Machines maintained by local affordable maintenance technician - no handyman skills needed to be a thriving owner of this business, but a motivated buyer could easily improve profits by learning how and doing maintenance themself.
This laundromat isn’t just self serve - it has a thriving wash and fold business, including a mix of commercial and retail clients. New customers currently come in through word of mouth and excellent online reviews - no paid advertising. The laundromat is not operating at full capacity - there are times of day when there are open machines, creating a huge opportunity for the new owner to expand the wash & fold service.
The laundromat is operated primarily by 2 hard working and enthusiastic employees. Current owners work 5-10 hours/wk.
Door unlocks automatically in the morning, employee closes up at night.
Laundromat is being sold transparently (asking price) at a fairly priced market rate of 4.2x multiple of 80k SDE, for $331,000.
Cash offers only - prospective buyer must show proof of funds before signing NDA.
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