Retail ServicesVerified Seller
Thriving Laundromat in Palm Beach County - $450K - $105K Cash Flow
Palm Beach County, Florida
Asking Price$450,000
Annual Revenue$260,000
EBITDA / Cash FlowUpon Request
Executive Overview
Discover a profitable and established laundromat in the bustling Palm Beach County, FL, with a strong cash flow and ample opportunities for growth. With an asking price of $450,000 and a cash flow of $105,000, this business is a turnkey opportunity in a high-traffic shopping center.
Key Investment Highlights
- •Prime location in a high-traffic shopping center with excellent visibility
- •Thriving wash & fold and delivery services with demand for further expansion
- •Newer Dexter washers & dryers alongside well-maintained equipment
- •Security system, bill changer, TVs, and customer amenities included
- •Current hours: 8 AM - 7 PM (closed one day a week) – Expanding hours presents an easy growth opportunity
Established in 1990, this laundromat has been a staple in the community for over 30 years, offering both self-service laundry and a highly profitable wash & fold service. Situated in a shopping center anchored by Publix and McDonald's, it benefits from a loyal customer base and consistent revenue streams.
The in-demand pickup & delivery operation currently serves a 2-mile radius, with significant potential to expand the service area and tap into an underserved market. Furthermore, per-pound pricing for the wash & fold service has remained unchanged for years, presenting an immediate opportunity to adjust rates and increase revenue.