Laundromat on Hawaii’s Big Island - Still Open

Not Disclosed, HI
Hawaii County

Near Customers


Asking Price: Annual Revenue:
$299,000 $223,000

Services: Dry Cleaning & Laundry


Request More Information
Contact the Seller

RE: Laundromat on Hawaii’s Big Island - Still Open Broker: Thomas Caltrider

Quick Facts

Asking Price: $299,000
Annual Revenue: $223,000
Net Profit: Not Disclosed
Cash Flow: $89,500
Total Debt: Not Disclosed
FF&E: $144,300
Real Estate: Not Disclosed
Year Established: 1999
Employees: 2
BBN Listing #: 707952757
Broker Reference #: Big Is. Laundromat

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This 20 year plus coin operated laundromat, located on Hawaii’s Big Island, is being offered for sale due to the owner’s pending relocation back to the US mainland.

They have 32 machines (20 washing machines and 12 dryers), 22 of which were recently purchased and are still under manufacturer’s warranty, and all other needed assets to operate this very profitable business. They estimate that 90% of their customer are local residents and therefore their revenues are not directly affected by tourism.

Sales revenues are strong and growing, they were up 29% in 2019 versus 2018. 2019 sales of $220,000 generated over $89,000 of owner’s profit (“SDE”).

This is an easy business to operate in a beautiful part of Hawaii’s paradise. This business is being offered on a fully turnkey basis and the owner will provide a 5 year non-compete agreement.

They did not have to close the Business due to the virus.

To receive a detailed 40+ page Confidential Business Profile with all financial and other business details please contact us for a Non-Disclosure Agreement.

Is now the time to own a business in Hawaii’s paradise?

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Leased Monthly Rent: $2,870.34, includes CAM and GET; $2.392 per square feet per month;($34,444 per year).

Market Competition and Expansion:

Limited direct competition.

Reason for Selling:

Relocation

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!