ft. with a mix of large commercial washers and dryers. WebChris, Laundromat Owner | Georgia Start Your Business with a Turnkey Solution Get your business up and running with Laundryluxs turnkey solution, including construction, Long lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Rather, you will receive residual income from every single laundry load completed in your territory. 3,200 sqftstore in high traffic, prime location with so much growth potential. WebLaundromat (Can be located anywhere) Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + 9% above 2019 pre-Covid Sales Large Plant w/20% Excess Capability Perfect to Bismarck, AR Cash Flow: $236,734 Self-Storage+ For Sale. Location: Kings County, New York, US. What Competition? Key benefits: Semi-absentee - requires just a few hours each week Low employee count wash, dry, fold services pay all employee costs Built for exceptional cash flow and quick ROI Multiple revenue streams Wash, Dry, and Fold, Vending, & mobile Recession resistant, essential business Industry leading, top brand name High Efficiency equipment ***Third-party financing available for qualified buyers. Laundrylux can fill your vacant space or renovate an aging store. 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. By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. Robert Beaupre leads the SMB team at NerdWallet. BusinessesForSale.com is the world's most popular website for buying or selling a business. Includes regular commercial clients. People pay you to do their own work! Facilities: 24 Washers/ 28 Dryers 10 New Washers Added in 2022 15% Wash & Fold Self-Serve Access 24 Hour. WebPartial owner financing. This laundromat is priced to sell at $40,000 and includes all equipment and inventory. $5,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE. Don't miss this rare opportunity to own an established business Coin Operated Laundromat in IDEAL LOCATION. Opportunity to grow wash-and-fold business. 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. A laundromat is a self-service business. Investment ranging $475,000 to $675,000. Some creative entrepreneurs have begun hybrid operations that combine laundry services with food, retail and alcohol service. Jordan is a former pastor turned laundromat mogul. I found it with the help of Advanced Licensing, a national licensing company that has been putting people in business for themselves since 1982. 70% of laundromats have just two employees or fewer. A Drop Off Service and Wash Club are also offered to bring in repeat customers. This profitable coin-operated laundry is situated in an ideal location within a strip center and provides great visibility for the laundromat industry. In terms of laundromats, Jordan is always on the hunt for more great deals. The #1 Marketplace for selling your business online, Parking opportunities and ease of entry into the building. When you open your own laundromat, you can expect a 20% to 35% This is a fully self-service laundromat which atomically opens and closes and can be further improved with a new operator. Jordan explained that a lot of laundromat owners are willing to finance the sale of their business. Coin laundry businesses for sale come in a variety of places, but location is of paramount importance. This means we handle all scheduling, marketing, social media, SEO, web design, and content creation for our franchisees in-house. - The operator proceeds to a nearby Laundromat of their choice to wash, dry, and fold the customers laundry. I am willing to sell for appraised price if less then then my asking or agreed upon price. Eastern Funding finances industrial equipment including tunnel washers, flat-work finishing equipment and boilers. Wash and fold laundry, dry cleaning and Tailoring, all in one store. 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. Robert Schwartz founded SuperSuds in 1996 because he saw an opportunity to improve the laundry care industry. What this means is, most laundromat owners have a few laundromats in their portfolio. 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. Opening a Maytag Commercial Laundry location is a seamless process for their franchisees. Location #1 (I-10 & Federal) - Price $1.3M | Cashflow: $250K - We invested $1.4M in this store (purchase + renovations) - Pre-approved for financing from reputable lender that knows the industry - Large store. With an increase in renters comes the need for coin-operated laundromats. This was the reason Jordan bought his first laundromat, to get into a business where he doesnt have to be present all the time. Our store is staffed during all operating hours to provide the best customer service and cleanest environment possible. Vended Laundry Are you looking to buy an Maytag Commercial Laundry does not charge a franchise fee and is accepting franchisee inquiries in all states. $1,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE? Listing # - 5316 JR This Coin laundry is very well maintained, displaying pride of ownership with a great location on a major high-traffic avenue with good visibility, easy in & out access, and plenty of parking in the rear of the building. One of the best business situations. WebLaundromat & Dry Cleaning Drop Store. and 2 Coin Changers. LISTING ID # 33955 This new Laundromat offers the best of both worlds self-service and full service (wash & fold) laundry. Ive owned a laundromat in the past and the 2 biggest thing that will make it not profitable is machine repair and electric/gas bill. This information may be different than what you see when you visit a financial institution, service provider or specific products site. 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. Owner is looking to retired from the business This will be a perfect location for start-up , stable income. Laundrylux provided me a turn-key solution including assistance with location selection, demographics, store design and signage, construction, proper laundromat equipment selection, and laundromat financing. Buying a franchise requires a lot of legwork and access to liquid funds. The Best General Business Loan for Laundromats: SBA Loan. Competition: Limited, Town Moratorium for New laundry Businesses. Jordan is quick to say that hes not a qualified CPA or a lawyer, and your individual circumstances may differ from his. Laundromats are great places for vending machines. Drop off Dry Cleaning. 15 years on lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. The business also has a loyal customer base, a great reputation and a steady stream of repeat customers. Save this Business Print. But, I sold it. Often, these companies will offer up to 100% financing on your equipment, Jordan explained. Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + 9% above 2019 pre-Covid Sales Large Plant w/20% Excess Capability Perfect to Expand Only Regional Drycleaner, Shirt & Linen Laundry Plant Seller Financing for Strong, Qualified Purchaser 3 Busy Seasons are better than the normal 2 Seasons Established Route Delivery & Wash-Dry-Fold services Stable & Profitable Business for over 40 Years Good working Equipment with recent upgrades Strong Covid Recovery 29% over national DC average Great Family Lifestyle with Low Cost of Living! The business fixed assets have an estimated value of approximately $170,000 Rates are pretty expensive ranging from 16-100%, with repayment terms between 4-24 months. Very Busy Location. required licenses, no web site, no social media venues, displays, shelving, no POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. Mr. Rudin can be contacted directly at (425) 454-3052 and seth@ibainc.com. A century of business experience and knowledge has grown the small laundromat into a successful franchise. The laundromat was purpose-built and had been operating as a laundromat for 10 years. 4 30 pound, Continental Express Dry, KTT30 Laundrylux has helped hundreds of new investors find, equip, manage, and expand their business. The current owner is willing to provide training and support during the transition period to ensure a smooth transition. Self service laundries historically perform very well during recessionary times! This led him to found The Eco Laundry Company, where the welfare of the planet and the satisfaction of their customers are at the core of their business philosophy. They even have a Zoom Express Laundry mobile app where customers can load credits and use them to operate the machines. 12 years on lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. Semi absentee owned. privacy policy. He has covered financial topics as an editor for more than a decade. Location, Location, Location Established Successful Laundromat in Clayton County with multiple revenue streams. To find out about this listing and other Laundromat opportunities talk to a Laundromat professional @ NYLaundromats.com 1982-2022, 40th Year Anniversary, New York Laundromat Exchange $628,000 Cash Flow: $155,012 A Small Laundromat, This is largely due to the continuous demand for clean clothes. (954) 537-1643 . This industry is on fire as stores with older technology cannot afford to upgrade. 40% of business is from drop-offs. 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. 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. There are NO ZONING OR PERMIT REQUIREMENTS TO BUILD. 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. North Port, FL. 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