Loading...

This established laundromat is equipped with 28 washers and 32 dryers, along with vending machines for snacks, soda, and toys. Additional income is generated through retail soap sales, and the facility is enhanced with TVs and security cameras for customer comfort and safety. Sale includes all repair tools, spare parts, and an inventory valued at $1,000. The favorable lease terms include a 10-year agreement with nine years remaining and two optional five-year extensions, with rent set at $3,404 per month (triple net included).
Boasting a prime location off the main road, this laundromat benefits from being the only provider in a vibrant, rapidly growing community. With six apartment complexes within a half-mile—three of them within walking distance—there is a consistent influx of new and repeat customers. The city’s robust population growth continues to drive strong revenue performance.
Future growth is highly promising, fueled by the area’s expanding residential base. A major untapped opportunity exists in launching a commercial delivery service, extending Wash-N-Fold offerings to local hotels, Airbnbs, and restaurants. This could optimize equipment usage and staff productivity, significantly boosting overall profitability.
Due to seller confidentiality, detailed balance sheets, customer concentration, tax returns, and supplier agreements require executing our digital bilateral NDA.
Free for qualified buyers & acquisition searchers.
Calculate fair market enterprise value and compare EBITDA multiples against industry benchmarks.
Launch Valuation Calculator