Business for Sale Overview:
This business began in 1993 in the basement of the food co-op and operated as a coin-up laundromat. As local businesses began to request laundry service the owner took on commercial accounts, eventually outgrowing the space and purchasing a parcel of land across the street with some existing buildings the following year. Construction on a new building was completed in 1995, and the business continued to grow as another commercial laundry business closed and sold its customer list to this company, and new equipment was purchased to keep up with the work. The current owners purchased the company in 2005 and expanded the facilities in the existing building, adding even more equipment and installing a solar hot water heating system, delivery trucks, and making other improvements. Due to the owners’ dedication, this company has not only doubled its revenues, but has built an excellent reputation in the community. Their services are in high demand, as there are no other commercial laundry businesses in the area, and the company often has to turn new accounts away. There remains room for expansion with the 3,600 square foot building and .4 acres housing the business, and new ownership could expand and add additional clients in the future.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Owners wish to relocate out of state.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.