See Similar Listings

Two Established Laundromat - "HIGH APARTMENT CONCENTRATION"

DeKalb County, GA

Seller Financing Available

listing image
Asking Price:$475,000
Gross Revenue:$286,000
Cash Flow:$126,500
Listing ID: 2312905Listing provided by BizBuySell
BUSINESS DESCRIPTION

Own 2 out of only 4 laundromats strategically located in the heart of DeKalb County, home to the region's highest concentration of apartment dwellers. These laundromats have served the community for over 20 years, with the current owner successfully operating both for the past 8 years.

Highlights Include:

Full-Service Options: Both locations offer dry cleaning, wash-and-fold services, and self-service laundry.
State-of-the-Art Equipment: Featuring multiple washer and dryer sizes, including large-capacity machines for heavy-duty loads.
Convenient Hours: Open daily from 8 AM to 8 PM, ensuring accessibility for all customers.
Ample Parking: Off-street parking makes visiting hassle-free for patrons.

Capitalize on this unique opportunity to own an established, profitable business in a high-demand market!

PLEASE NOTE: NO CIM FOR LISTING

DETAILED INFORMATION
Location
DeKalb County, GA
Inventory
Included in asking price
Employees
2
Facilities
Both Facilities have the following: 1) Front area for retail, wash & Fold, dry cleaning and snacks 2) Folding tables and rolling baskets 3) Washers and dryers: a) Location 1: 24 dryers and 35 washers. Main Brand Electrolux b) Location 2: 30 Dryers and 29 washers. MAin Brand IPSO
Competition
Approximately 85% of housing units in the area are renter-occupied, primarily concentrated in apartment complexes. The region is recognized for having one of the highest ratios of apartments to single-family homes in Georgia, with an estimated 50 apartment communities serving its population of 14,537 residents. This makes the area a hub for renters and an ideal location for businesses catering to apartment dwellers. Currently, there are two other laundromats operating in the vicinity, serving this densely populated community.
Growth & Expansion
1) Extend hours 2) Delivery 3) expand C-store offering 4) Add Other services
Financing
Will be considered based on buyer.
Support & Training
Owner will work with buyer for 2 weeks.
Reason for Selling
Changing investment goals
Report an Issue with this listing
profile-img
Ramzi
Daklouche
logo-img
Phone Number
Ramzi Daklouche
Call Phone