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Asking Price$275,000
Revenue$289,000 Established1981
Cash Flow$74,700 Employees2 full, 4 part
FF&EUndisclosed FranchiseNo
Inventory$2,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is more than just a self-service laundromat for sale! Along with coin operated washers and dryers, it offers dry cleaning drop off, wash/dry/fold services, and tanning; making it easy and convenient for customers to go home with clean clothes and a fresh glow!

It literally outshines the competition! It is exceptionally clean and well lit, with plenty of parking. It has all the amenities needed to help customers complete their laundry and to keep from getting bored while doing it! Typical laundromat amenities include carts, folding tables, change machines, and a laundry soap vending machine. Non-typical amenities include a variety of snack machines, TVs, tables with seating, video games, and free Wi-Fi.

The self-service laundromat for sale has only had two owners in over 30 years, showing the stability and, the need, for this high quality business in the community. It is ideally located on a very busy main street. It is surrounded by apartment complexes, many within walking distance, making it very convenient for customers.

The coin laundry market is recession proof. In fact, it actually thrives during recessions as more people cannot afford to repair their own machines, have downsized to rentals, or are just trying to save money on utilities. It also grows as the population increases. This industry is still strong and growing even after 70 years. Shifts from home ownership to rentals, new technology, additional services, and a trend towards clean, well-lit atmospheres will increase the earning potential of businesses in this industry.

A new owner will get a thriving business with attentive employees dedicated to their work and an excellent customer base to draw from. Assets include 40 washers, 39 dryers and 10 tanning beds. This is a great business for a new owner to invest in or as an add-on to expand a growing business.

Required Licenses: Business
Training/Support:Seller will negotiate a transition period
Seller Financing:Seller will consider some financing for a qualified buyer
Sale Reason:Other Business Demands
Ad #87141
Seller Reference #INDIAIN001-N1556
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Contact This Seller
Richard Hester
(317) 662-2059
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