Coin-Op Laundromat

Oklahoma City, OK
Oklahoma County

Metro Area


Asking Price: Annual Revenue:
$250,000 $209,000

Services: Dry Cleaning & Laundry


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RE: Coin-Op Laundromat Broker: Fred Phillips
Owner Financing is Available!
Seller will consider financing buyer with 50% down, negotiable terms.

Quick Facts

Asking Price: $250,000
Annual Revenue: $209,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 662255040
Broker Reference #: 4001-1331

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Business Overview:

Rare opportunity! The owner of this long time family owned coin operated laundromat is putting their very well established and successful laundromat on the market for the first time. This laundromat has been in business for decades and now has generations of customers coming back. Highly visible location on high traffic corridor. Premises are kept clean, well lit, and an attendant is on site during operating hours. Friendly environment. Property is included in asking price.

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Property Features and Assets:

Highly visible location on major corridor.

Market Competition and Expansion:

There are a couple laundromats within its market area. Any of the following would be expected to provide additional revenue: Add alteration services; market to commercial accounts; add a web presence (owners not doing this); freshen up the exterior and interior with fresh paint. Also, the owner indicates that an owner/operator that is bilingual would be a plus (owner is not bilingual).

Reason for Selling:

Retirement

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.

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