Well Established Sacramento Laundromat

This well established and long standing laundromat has been in operation and serving the South Sacramento community for many years. The business is ideally positioned in a modest 6 tenant shopping center that has great frontage to a main thoroughfare and garners excellent traffic exposure. It occupies a relatively small footprint of approximately 1,500 sq ft. There is sizable parking lot directly in front of the space which provides convenient in and out access for customers. There is an abundance of residential housing within very close proximity, so the business is well situated in an area that offers access to the target demographic and client base.

The laundromat is predominantly outfitted with Continental washers and dryers. None of the machines are equipped with card readers, so they accept quarters only. An itemized Equipment List is below for reference:

15) 20lb Continental washers
4) 20lb Maytag washers
8) 30lb Continental washers
7) 60lb Continental washers
13) 20lb Continental stack dryers
2) 75lb ADC dryers
1) American changer free standing machine
1) Standard change maker in-wall machine
1) In-Wall soap dispenser with 7 dispensaries

Presently the business is open 7 days a week from 8am to 9pm. The owner’s involvement is limited to approximately 12-15 hours per week and mainly consists of tasks such as: coin counts, paying utility bills, cleaning the space, monitoring the machines, etc. Overall, this is a non labor intensive business that doesn’t require the owner’s physical presence or constant operational oversight. Additionally, there is 1 part-time employee who assists in overseeing aspects of the business when the owner is not present.

LEASE TERMS:
Base Rent: $2,500/mo
Lease Expiration: 12/31/2027
Rent Bumps: N/A
Option Periods: The landlord is open to extending the lease term to ensure security in the buyer’s investment.
Utilities: Water, Garbage, Sewar are all on a single meter for the shopping center and added onto the rent. Power and Gas are separately metered and paid by Tenant directly to the
respective utility providers.

Laundromats offer a highly desirable, passive business model as they are relatively easy to manage with few moving parts. If you are seeking an opportunity that doesn't require your constant oversight and can yield consistent returns while having low operational maintenance, then this is an ideal opportunity to suit those investment needs.