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Business For Sale

Coin Laundry

Raleigh - Wake County, NC

Services: Dry Cleaning & Laundry

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$450,000
$448,961
Not Disclosed
$114,110
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
6
648327526

Business Overview:

This is a great opportunity to own a pair of well established coin laundromats. Both laundries are attended and they have a solid and loyal customer base. The laundromats combined have 58 front load machines, 12 top loaders, 28 double pocket dryers, 18 large capacity dryers and six change machines. Coin-op revenue is supplemented by detergent sales, vending of snacks and drinks and consignment arcade games. The addition of commercial accounts and wash and fold could greatly add to the profits of the laundromats. The coin laundry business has long been shown as a great business and is perfect as an absentee owner business.

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.

Property Features and Assets:

One laundromat is located in a shopping center and is 6,427 square feet in size and the other is located in a small strip center and is 2,650 square feet. Both laundromats have ample parking for customers.

Market Competition and Expansion:

The laundromats are well established and they are the premier laundries serving their markets. The addition of wash and fold and commercial accounts could greatly add to the profits of the laundromat.

Reason for Selling:

Dissolution of partnership.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: