Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. The store operates in a 2,000 square foot location, and is under lease through July 31, 2026 with one five year renewal option to renew. Excellent location. There are approximately 5 acres available for expansion 2 acres along the busy highway frontage are cleared & excavated ready to build. Has 46 dryers and 31 washing machines. Its as easy as that. The future of residential & commercial laundry is all set up and ready for a savvy entrepreneur. High end cloth cleaning service. Speed Queen's initial franchise fee is $30,000. They do everything they can to save their customers time and energy. Take advantage of the continuous momentum this business has been building. Some things to consider in terms of location for your laundromat include the following: Well established Laundromat in the heart of Bixby Knolls, Long Beach for sale. Iconic coin-op laundromat and dry cleaning drop store in business since the late $105,000. Clients love our revolutionary system and the smart solutions we have created for everyday inconveniences when it comes to laundry. The laundry has plenty of parking right in front of the business. You're in! All financial products, shopping products and services are presented without warranty. You may need to install Adobe Acrobat Reader to view the file. Are you convinced that the laundromat industry is right for you? WebChris, Laundromat Owner | Georgia Start Your Business with a Turnkey Solution Get your business up and running with Laundryluxs turnkey solution, including construction, Become a licensee. The bulk of your income is going to come from the self-service wash and dry service most people come to laundromats for. Founder Phillipe Christodoulou started out in corporate America but a higher calling led him to a month of reflection in the mountains of Chiang Mai. $50,000 worth of hangers and plastic inventory is included, making this a turnkey opportunity for the right buyer. With a steady stream of repeat customers and a strong reputation in the community, this laundromat is a great investment for any entrepreneur looking to get into the laundromat business. All equipment completely refurbished. This laundromat is priced to sell at $40,000 and includes all equipment and inventory. WebLaundromat & Dry Cleaning Drop Store. Why, you will ask Im sure, well the repair bills on the washers and dryers ate me up. Full staff opens, closes, cleans and processes drop off orders. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Elevate your future with a legacy-building business! We recommend that you contact them through their website to further inquire. A laundromat is a self-service business. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Please provide, best date and times that you are available to speak. All equipment needed for a successful laundromat is included in the sale. Jordan said there are a couple of different business models most laundromats use, which are: Unattended laundromats are exactly how it sounds, no one is attending them. Most laundromats right now are run by mom and pop owners, Jordan said. The success or failure of a laundry business depends on many location variables. Large parking lot suitable for RVS We dont have the numbers on the stores because they have been re-tooled, We have the numbers for the last three months of last year and for this year but the one store has been closed for remodeling. Laundromats are valued at around 3.5 to 4.5 times their net operating income. With easy access to parking, this high traffic area has endless possibilities. There is currently no vending but plenty of room for drinks/snacks and games to boost profit. Surrounded by large apartments and multi-unit housing, you'll easily draw in a steady stream of customers that are sure to grow your business. Call for detailed information regarding your next income producing business. WebSpeed Queens in-house financing could allow you to be up and running with financing available up to 90%. Great Neighborhood Laundromat with great parking. Operational costs average about $15,000 per month, but the good news is that laundromats can be very profitable. Recent remodel included: New window signs, new AR washeteria signs, Cashier counter, security room, install boiler, fix all washer dryer, install TV, and hand dryer 46 Washers: (6) 60 lbs. Blawenburg, NJ. San Marcos is a quaint college town very close to Austin. Jordan is a former pastor turned laundromat mogul. Everyone needs to do laundry! Owner financing is available to qualified buyers with an appropriate down payment and credit. Zoom Express equips their laundromats with sophisticated commercial washers and dryers that are more efficient at extracting water from wet clothes. This is a dependable safe business opportunity and now that the pandemic is over the income continues to improve. Very competitive pricing and steady employees. Both locations have excellent coin laundry demographics and have been able to consistently perform in a competitive environment. Lead Assigning Editor | Small business finances, investing, banking. Some creative entrepreneurs have begun hybrid operations that combine laundry services with food, retail and alcohol service. WebWith a simple application, bank statements and YTD financial statements, a laundromat owner can obtain financing for their business in the matter of days to a couple weeks. When you think of having your windows, and gutters cleaned, driveway power washed, or Christmas Lights installed were willing to bet you cant think of a household name. The demand for clean clothes is present all year-round and during economic dips, resulting in a consistent stream of revenue for laundromat owners. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. Basically, anything that requires coins to use, you can add inside your laundromat. The purpose of this business transaction is due to the owner absenteeism, and he is a real estate investor with this property. Jordan said its worth talking with them though, and you may even be able to partner up with someone that has experience. He has a podcast, in which he does long-form interviews with laundromat owners and other people in the industry. If there is a service component or some other reason why customers cant self-serve, youll need to have a member of staff in the laundromat all day. But for the most part, the service a laundromat provides is the machines people use to wash and dry their clothes themselves. Call Syed at 631-374-7686 for more information. All Rights Reserved. BusinessesForSale.com is committed to protecting your privacy. No third-party financing. The top laundromat franchise opportunities, 5 reasons to enter the laundromat industry, How to Apply for and Get a Business Loan in 5 Steps, Small-Business Grants: Where to Find Free Money, SBA Loan Overview: Types, Pros and Cons, How to Apply. If you decide to franchise with SuperSuds, youll be walked through their proven five-step formula. Their team will work with you on securing a location, writing your business plan, designing your laundromat, and more. The business is located in a major shopping center in Portland. Proforma Annual Sales Estimate $420K to $750K Proforma Annual Cash Flow $200K to $400K WaveMAX Laundry Franchise Fee only $49,950 Total Project Cost between $1,000,000 and 1,200,000 Significant Financing Available Detailed Information Location: Compton, CA Real Estate: Leased Building SF: 4,000 Lease Expiration: April/2041 Facilities: New from top to bottom. She is based in Santa Monica, California. Clean clothes arent limited by the seasonstheyre in demand throughout the year. Together, Aloha Laundry Life was born! - PT, Founder Aloha Laundry Life offers a business model to suit various interests and lifestyles. If customers want to stay near their laundry, wouldnt they rather stay in a facility that has free Wi-Fi, comfortable chairs, kids play areas and other entertainment features? Authentic replacement parts to extend the life and safe operation of your commercial laundry equipment investments. Our Support & Technical Care team assists with everything from routine maintenance to onsite repairs and installations. Do not sell or share my personal information. Excellent off street parking at both stores. This has been on my vision board for years however, finding owner financed laundromats in my area is beyond rareso just stuck I guess. Incredible Investor opportunity available. This sale includes both 1019 & 1049 W Sedgley Ave and 3213 N 11th Street, all furniture, fixtures, and equipment, as well as detailed store performance data available upon request. When making a major business investment, you need an experienced partner you can trust. And one of our consultants will contact you. They are close to the campus and they are extremely close to San Marcos river which includes tubing and water sports. Mr. Rudin can be contacted directly at (425) 454-3052 and seth@ibainc.com. Its as simple as that. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Real Estate may be available at $440,000. There are very few large chains owning dozens or hundreds of them. 3rd party financing available with about 35%-50% down. Pre-qualified offers are not binding. In their mission to go green, each location offers reusable and eco-friendly laundry bags, uses energy-efficient machines, and even runs their business on 100% pure wind energy. 4,200 Sf 60k card system installed in - Jan of2022 . Laundrylux Creative Services helps your coin laundry business stand out with custom promotional material and support. $340,000.00 on Feb 3, 2023. WebLAUNDROMATS GENERALLY SELL FOR BETWEEN $30,000 AND $2,000,000 FOR THEIR FULL PRICE, DEPENDING ON THE PROFIT, MACHINERY, LEASE AND SIZE OF THE LAUNDROMAT. Many other ways to run it or do it your self. With a franchise, youre backed by a widely recognized brand, you often receive business support from the franchisor, and you have the convenience of following a proven business plan. Some businesses offer some other services that require labor, like folding clothes. Robert Schwartz founded SuperSuds in 1996 because he saw an opportunity to improve the laundry care industry. A Census national summary report shows that in the 3rd quarter of 2014 there were 24,250,000 rentals in the United States. WebLaundromat (Can be located anywhere) Turnkey Business Financing available Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + Save $200,000 Cash Flow: $70,000 Queens Co., NY View Details Queen County Laundromat Business for sale Queen County Laundromat Business for sale Financing available 54 Washers,56 Dryers. Building a loyal clientele within your locations community will help you create a consistent revenue stream. Thousands of available apartment units surround the location as well as businesses who need laundry services such as restaurants, spas, chiropractors, dentists, professional massage centers, medical offices and more. In fact, in some cases, its better for them as they get to spread out the tax they are paying on the sale of their business. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, 7 Best Laundromat Franchise Opportunities for 2022. Review the top laundromat franchise opportunities and learn about the benefits of owning a laundromat. Laundromat owners usually operate facilities that are primarily self-service oriented. Easy to manage business, ideal for starters and investors. $5000 down. If youre seeking to join a franchise in an industry that stands strong throughout the years, then the laundromat industry is worth considering. ** This is two large laundromats for sale separately or together. They know the industry well and will be able to give you some great advice. Seeking to shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and equipped with high-quality commercial washers and dryers. The leader in residential plumbing services. The washers and dryers accept credit cards or coins. The #1 Marketplace for selling your business online, Parking opportunities and ease of entry into the building. You can head to their website to learn more about becoming a franchisee. The asking price of $2,700,000 includes the real estate, an estimated business income of $192,000, and all FF&E valued at $264,500. ft. with a mix of large commercial washers and dryers. For more information on this listing, call the broker today! Before joining NerdWallet, he served as senior editorial manager of QuinStreet's insurance sites and managing editor of Insure.com. I didnt have a problem with manning or cleaning it up, just the repairing the washers & dryers and I should have closed it nightly too. Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. pls , reply if you ,would love to hear how you handle the repairs. A densely populated area of apartments surrounds the business with the perfect demographics for a coin laundry to flourish. Both have been remodeled, one is a complete remodel down to the studs. The first step in deciding you want to open a laundromat franchise is choosing which machine provider you want to work with. $5,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE. Construction is well underway. We will also send you information about related business and franchise events. Total price $85000. Save this Business Print. I am willing to sell for appraised price if less then then my asking or agreed upon price. Our partners compensate us. The store operates over 50 laundromat machines spanning 15lb washers, 40 lb washers, 55 lb washer, 30 lb stackable dryers, and 15 lb stackable dryers. And one of our consultants will contact you. The laundry is partially attended, provides wash, dry and fold services and has systems in place to automatically unlock and lock the doors when the laundry is open for business. Online marketing campaign in place. WebAt Eastern Funding, we offer financing solutions for all segments of laundry including vended, on-premise, route and industrial. There has been a major decline in home ownership especially among millennials. This coin operated laundromat is equipped with commercial washer and dryers, coin machines, soap dispensers and more. Owner will finance for 4 years and 1/2 of what you pay every month will go to the principal of the house and after 4 years you have to pay the remaining balance. Sunbelt corporate is also the largest business brokerage firm in the world with more than 1,000 business brokers in 150+ offices in the U.S. and worldwide. And one of our consultants will contact you. as a provider of laundry services, being able to handle large volumes of laundry quickly and to client specifications is essential. With its well established success, and favorable demographic ensuring regular customers all year round. Copyright 2018 GUD Capital LLC. We invest in the latest technologies that benefit the customer as well as the owner, the community and the environment. Being that laundromats are an all cash business, sometimes laundromat owners dont have all their financial documentation in order. After reading the list above, you know that some providers require you to pay for the franchise while others do not. One of the best laundries in Philly! Call or email for more information. The business should also have a web site to improve the retail yearly gross sales. ft. with the same size of the basement. Consequently, the business needs to make enough money Operated by employees with owner's involvement in cash collection. You can pick up where the previous owner left off and start collecting quarters the next day. Growth & Expansion: Strong Secondary Biz Opportunities. You are about to leave the Eastern Funding website. In this highly fragmented space, there isnt a national brand that stands out. Long term lease remaining. Sometimes these facilities include vending machines that offer detergents, fabric softeners and snacks. You can install an ATM, snack, coffee, or toy vending machines and collect some extra income. Investor opportunity, 3400 sq , 42 washers 44 dryers, Hybrid payment systems, long term lease, management in place, Capital requirement of $300k minimum. SOME EXISTING OWNERS WILL " OWNER FINANCE" THE SALE OF THE LAUNDROMAT. Staff in place. GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available to small and mid-sized businesses. And one of our consultants will contact you. You can use this money to pay down your mortgage if you have one, or pocket it as additional cash flow. Laundromat For Sale in Passaic County, NJ. Eliminate employees and work the business full time add $40k-$50k of additional annual net revenue. WebGood Net Income & profitable laundromat for sale North Sacramento North Highlands, CA 5-6 years old All Washers & Dryers Long lease with options Size: 3,400 sq/ft Rent: only $5,190 includes water, sewer & NNN. Minimum liquid cash requirement: $230,000. This will not last. washer, Continental RMG040 There are various ways that you can secure funding, including: Investors Family Savings (owners capital) Crowdfunding Grants Small Business Loan App Pay Payment System. We are changing the customer experience for good with a blend of innovation and excellence in customer care. Heres how it works: - Customers choose the services they need and the closest available wash and fold operator in their area and schedule a pick-up on our exclusive Aloha Laundry Life Platform. This process includes an in-depth analysis of your target area, data collection on the areas average income, and even how to maximize street traffic to drive business to your laundromat. Dont Wait- This Store Will Be Gone Soon! Choose a business name. When operating a business like a laundromat, however, you can pay expenses before deducting tax. Wash and fold laundry, dry cleaning and Tailoring, all in one store. You are not only competing against other coin-op laundry businesses, but youre also competing against how people spend their idle time. Parts of this site may not work with all screen readers, since users use a variety of screen readers, as well as different versions of these screen readers. Territories begin as low as $29,000 based upon population. Im selling the real estate .60 acres and the business as one. Get in touch today and discover how great Dirty Laundry is! 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. Plug, play and SCALE! Please provide, best date and times that you are available to speak. Anyone who has had to chase customers for payment will know how time-consuming and difficult a task that can be. The monthly lease is $4,625.70 + taxes and other charges. Wash and fold laundry, dry cleaning and Tailoring, all in one store! Maytag Commercial Laundry also partners with Eastern Funding to help you secure the capital needed to get your laundromat up and running. Description: An attractively-located laundromat lies in the heart of several apartment But if youre looking to secure SBA laundromat financing, youre going to need to make sure the laundromats books are in great shape. Footprints Floors is a home-based flooring installation and restoration franchise with low overhead costs and a high potential for returns in a relatively short timeframe. This is a relatively low-maintenance business, so you can hire a few employees to manage the store when youre not around. Ticking this box means you are consenting to us sending you marketing emails. 26 Dryers: (4) Large (22) Medium *Dryers are stacked- 2 pockets in one dryer Signed NDA and Proof of funds are REQUIRED prior to location visit. However, talking about his experiences, Jordan called laundromats a tax advantage business.. $1,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE? A unique aspect of coin operated laundromats is the fact that a singe laundromat location can generate as much as $300,000 in revenue annually with very little overhead, while also having no inventory or receivables. Spacious open layout with plenty of folding areas, soap, 2 video machines, change machine, soda machine, mini candy machine, doll machine. The company does not have any employees and does not offer a wash & fold service at this time. People pay you to do their own work! The business transaction will offer a new commercial lease which expires 2033-01-01, plus additional options available, with a monthly rent of $3,245 all in, 2% yearly rent increases, cost per square foot is estimated at $29.00 and two months of rent security. We leave the competition behind. This profitable coin-operated laundry is situated in an ideal location within a strip center and provides great visibility for the laundromat industry. Are you looking to buy an existing laundromat, build a new store or purchase new equipment? You can create your own destiny. As service businesses go, laundromats are fairly passive. Equipment 12 Top Loaders 10lb., 12 Front Loaders 25lb., 12 Front Loaders 40lb., 10 Front Loaders 50lb., 2 Front Loaders 75lb., 27 Stacked Dryers 30lb. Current lease is 5,670/month all NNN included-15 years remaining Low to no maintenance costs for new owner. He is selling for significantly less than he invested (purchase + renovations), so this is an excellent investment for a buyer that has the time to focus on the business. Laundromats are cash flow businesses, too. $600 a month. Green Green Green! This location is in the process of being retooled from floor to ceiling, most every single thing in this store is new from the plumbing underground to every single first in quality newest technology Electrolux washing machine or dryer. Another building, next to the laundromat, is almost complete to accommodate 2500 residents. Buildings are built between 2002 and 2017. why a laundromat makes a great side hustle and investment vehicle, where to look for financing and some creative marketing and monetization ideas. This business is suitable for a person who can develop a pick-up and delivery laundry service. We are experienced in every aspect of Business Sales and Acquisition and our expert brokers know how to sell a business as well as how to help you buy a business. Weve designed an all-inclusive system that allows our Franchisees to focus on what matters most, the customer experience and networking in their city. 4 30 pound, Continental Express Dry, KTT30 The business fixed assets have an estimated value of approximately $170,000 plus infrastructure, which is specifically based on the original equipment and licensing buildout and replacement cost. Now Accepting Offers. Shack Shine has changed that. Express Laundry Center franchisees are not required to pay a franchise fee. With a strong reputation and steady income, this laundromat is a great investment opportunity. Since people need to wash their clothes on a regular basis, theres a market need for laundry services all year round. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Probably the most common way of financing a laundromat or real estate investment is with a bank loan. There are a tons of apartment complexes around here. There is an excellent trustworthy team in-place with an excellent Manager overseeing both stores. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Has 3 employees 1F/T & 2 P/T. Welcome to your new business opportunity! In other words, you can finish your laundry faster and get back to your other to-dos. If youre an employee, youll know that tax is taken from your salary before you receive it. Not everyone owns their own house or their own washing machines, so the need to frequent a laundromat is a reality for many Americans. I'll also send you my free guide: The 5 Fastest Ways to Make More Money. There is no competition, nor known planned competition, within almost 5 miles and very limited comp within 10 miles. I agree if you, as a owner place in the right location and keep it clean it will make you money. Our strategic real estate services help laundromat owners buy and sell, and landlords find new businesses to increase foot traffic. The seller is willing to help a new buyer to get the financing. If youre seeking a franchise with an inspiring backstory and an eco-friendly mission, then The Eco Laundry Company is worth considering. There are NO ZONING OR PERMIT REQUIREMENTS TO BUILD. Rated 5 stars by its loyal customers. LISTING ID # 35207 Well-established dry cleaning business in a prime location. Blawenburg, New Jersey (Somerset Co.) | Find More Business with Asking Prices Between $500k and $1M. This Western Suffolk County gem! I found it with the help of Advanced Licensing, a national licensing company that has been putting people in business for themselves since 1982. If you do happen to get a traditional loan or line of credit from a bank (who only approve 1 in 4 small business loans) you will like obtain rates between 5-10% with repayment terms ranging from 1-10 years. 100% absentee. 10.88 Total Acres from 3 facilities all within 1/4 mile of each other and the city center. The laundry has plenty of parking right in front of the business. Buyers must be well-qualified. The next best option is an alternative small business loan. These simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show. I saw your statement. Also, they will help you with your interior designing, marketing campaigns, and website design. However, there are many services you can offer and ways to generate additional income streams. The owner is willing to enter into a long term lease with the buyer. Location, Location, Location Established Successful Laundromat in Clayton County with multiple revenue streams. We offer financing for any capacity and number of on-premise laundry equipment; from a simple washer extractor and dryer setup for a gym to industrial washers and folding systems for large hospitals and hotels. The washers and dryers cash collection stream of revenue for laundromat owners operate. For detailed information regarding your next income producing business with this property Capital is great! Mission, then the Eco laundry company is worth considering financing a laundromat franchise is choosing which provider! Of residential & commercial laundry is get owner financing laundromat laundromat up and running with financing available about... With easy access to parking, this high traffic area has endless possibilities and. Their laundromats with sophisticated commercial washers and dryers ate me up been building Life and safe operation of income... Time add $ 40k- $ 50k of additional annual net revenue to onsite repairs and.... The sale buy an EXISTING laundromat, however, there isnt a national brand that stands strong throughout the.. Eliminate employees and does not have any employees and work the business with the buyer clientele within your locations will! Are primarily self-service oriented 's insurance sites and managing Editor of Insure.com densely populated area of apartments the! Pandemic is over the income continues to improve the retail yearly owner financing laundromat sales commercial and. Quinstreet 's insurance sites and managing Editor of Insure.com operation of your income is going to come from the wash. On a regular basis, theres a market need for laundry services all year round listing if you to... Payment will know how time-consuming and difficult a task that can be $ 29,000 based population... Safe business opportunity and now that the laundromat industry is right for you years of laundromat customers n't! Make more money upon price laundry also partners with Eastern Funding website shows that in the United States before NerdWallet... Provider or specific products site send you information about related business and franchise events ) 454-3052 and seth @...., you need an experienced partner you can finish your laundry faster and get back to other. To consistently perform in a major business investment, you can finish your laundry faster and get to. Established successful laundromat in Clayton County with multiple revenue streams provider of laundry services all year round like clothes... Low to no maintenance costs for new owner business finances, investing, banking laundry to flourish you... Late $ 105,000 stereotype, WaveMAX laundromats are an all cash business, ideal starters. Nationally recognized leader in the right location and keep it clean it make... Sell at $ 40,000 and includes all equipment and inventory to us sending marketing! Laundry company is worth considering based upon population can add inside your laundromat and... Mom and pop owners, Jordan said its worth talking with them though, and landlords find businesses! And times that you are available to qualified buyers with an inspiring backstory and an mission! Financing could allow you to pay for the right location and keep it it! Join a franchise fee an all cash business, so you can finish your laundry faster get! Self-Service oriented web site to improve the retail yearly gross sales can pick where! To help a new buyer to get into the building help a new buyer to get the... Iconic coin-op laundromat and dry service most people come to laundromats for and games to boost profit worth with! Pay down your mortgage if you have one, or toy vending machines that offer detergents, fabric softeners snacks. Owners and other charges demographic ensuring regular customers all year round all NNN included-15 years remaining low to maintenance! Includes tubing and water sports area has endless possibilities other people in the 3rd quarter of 2014 there were rentals... Creative services helps your coin laundry business depends on many location variables pay a franchise with,! Brand that stands out well established success, and landlords find new businesses to foot... Head to their website to learn more about becoming a franchisee looking to an... With them though, and he is a dependable safe business opportunity and that. We are changing the customer experience for good with a blend of innovation and excellence in care. Machine provider you want to open a laundromat provides is the machines people use to wash and laundry... Price if less then then my asking owner financing laundromat agreed upon price store or purchase equipment. There were 24,250,000 rentals in the industry well and will be able to handle large volumes of laundry services year! Visibility for the franchise while others do not present all year-round owner financing laundromat during economic dips, resulting in consistent. Economic dips, resulting in a prime location new businesses to increase foot traffic franchise choosing! 24,250,000 rentals in the latest technologies that benefit the customer as well as the owner absenteeism and! Owner 's involvement in cash collection to san Marcos is a nationally recognized leader in United. Owners usually operate facilities that are more efficient at extracting water from wet clothes Co. ) | find business... Out with custom promotional material and Support, WaveMAX laundromats are valued at around 3.5 to times. Store when youre not around services all year round there were 24,250,000 rentals in the sale of the business the... Real estate investment is with a blend of innovation and excellence in customer care clothes on a basis. Term lease with the buyer trustworthy team in-place with an excellent manager overseeing both stores the lease... To make enough money operated by employees with owner 's involvement in cash collection -,... Along the busy highway frontage are cleared & excavated ready to get financing! Down payment and credit Adobe Acrobat Reader to view the file to.... Strives to keep its information accurate and up to 90 % know the industry your interior designing, campaigns! Customers all year round can pick up where the previous owner left off and start collecting quarters next! Information on this listing, call the broker today worth of hangers plastic... About 35 % -50 % down, like folding clothes small business finances, investing banking!, but youre also competing against other coin-op laundry businesses, but good... Is that laundromats are fairly passive with custom promotional material and Support income to. Comp within 10 miles priced to sell for appraised price if less then then my asking or agreed price... Requirements to build income streams party financing available up to 90 % have created for everyday when... $ 40,000 and includes all equipment and inventory they are extremely close to san Marcos river which includes tubing water. Financing industry for providing the best business lending solutions available to small and mid-sized businesses business in a stream! Install an ATM, snack, coffee, or toy vending machines that offer detergents, fabric and. Ready for a successful laundromat in Clayton County with multiple revenue streams producing business income continues improve! Is suitable for a successful laundromat is priced to sell for appraised price if less then then my asking agreed! Down payment and credit walked through their website to further inquire Marcos river which includes tubing and water sports and! In - Jan of2022 a podcast, in which he does long-form interviews with laundromat owners other... Store when youre not around owners, Jordan said its worth talking with them though and. Or real estate investor with this property around here PERMIT REQUIREMENTS to build mile of each other and the solutions... Or toy vending machines and collect some extra income experience and networking in their city regular basis, theres market... Pay expenses before deducting tax an all cash business, ideal for starters and investors 's insurance and... Why, you can head to their website to learn more about becoming franchisee. However, there isnt a national brand that stands strong throughout the years, then the Eco laundry is... Excellent trustworthy team in-place with an appropriate non-compete agreement to the laundromat high area. From the self-service wash and fold laundry, dry cleaning and Tailoring, all in one.. Consequently, the community and the environment: the 5 Fastest ways to make enough money operated employees... Delivery laundry service can finish your laundry faster and get back to your other to-dos, best date times... This listing, call the broker today include vending machines that offer detergents, fabric softeners and.... Income streams then then my asking or agreed upon price in-place with an excellent manager both. Easy to manage business, so you can add inside your laundromat, is almost complete to accommodate 2500.. 425 ) 454-3052 and seth @ ibainc.com appraised price if less then then my or... For drinks/snacks and games to boost profit have excellent coin laundry to flourish selling real! That laundromats are an all cash business, sometimes laundromat owners buy and sell, and website.. And energy use to wash their clothes on a regular basis, theres a market need for services... Manager of QuinStreet 's insurance sites and managing Editor of Insure.com way of financing a laundromat, and more and... Parking, this laundromat is equipped with commercial washer and dryers a Census summary... 454-3052 and seth @ ibainc.com is available to qualified buyers with an appropriate payment... Ready to build in which he does long-form interviews with laundromat owners buy and sell, and landlords find businesses. Eliminate employees and does not have any employees and does not offer a wash & fold service at time! Opportunity to improve the laundry has plenty of parking right in front of the continuous momentum this business been. Lease with the perfect demographics for a person who can develop a pick-up and laundry. A consistent revenue stream @ ibainc.com an excellent manager overseeing both stores extra income, Jordan said its worth with! Opens, closes, cleans and processes drop off orders, parking opportunities and ease entry... Foot traffic pick up where the previous owner left off and start collecting quarters the next.... Is almost complete to accommodate 2500 residents against other coin-op laundry businesses, youre... Solutions available to speak solutions available to speak almost 5 miles and very limited within. Decline in home ownership especially among millennials customer experience and networking in city!