Owner Financing is Available!
Business Overview:
Terrific City Laundromat! Full-service neighborhood Laundromat and dry cleaning drop store. Provides a clean and comfortable environment for all the local resident’s laundry needs. The business is located in a row of very nice commercial storefronts in Boston. This part of Boston has a HUGE number of customers that depend on this laundromat for all of their laundry needs. The business is in a well-lit area, with free parking available in front of the building. It is easily accessible on foot to the many nearby residents and multiple apartment buildings. Security cameras scan the premises 24/7. The laundromat is 100% attended during the open hours of the business. The owner does not work at the business, except for accounting and general management responsibilities. There is a staff in place that takes care of all the laundry work. The Laundromat business ranges from $16,000 to $18,500 per month in total revenue.
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:
The laundromat is located in a well laid-out, user-friendly space featuring over 20 washers and over 20 dryers as well as change machines, soft drink and soap vending, laundry folding tables, customer seating and backroom storage. The laundry machines are VERY YOUNG. They were all purchased new from 2005 through 2009. The machines are on a concrete slab to prevent vibration. Wash/dry/fold and dry-cleaning drop-store services are available in addition to the coin-op self-serve laundry facilities.
Market Competition and Expansion:
Very little nearby competition. This laundromat is clearly the nicest and cleanest with the newest machines in the area.
Reason for Selling:
Owner is relocating
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.
- This is not a distressed business or bankruptcy situation.