Coin Operated Laundromat, with Laundry Service ...

Indianapolis, IN
Marion County

Asking Price: Annual Revenue:
$175,000 $182,000

Services: Dry Cleaning & Laundry

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RE: Coin Operated Laundromat, with Laundry Service ... Broker: Gary Rapp
Owner Financing is Available!

Quick Facts

Asking Price: $175,000
Annual Revenue: $182,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $160,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 4
BBN Listing #: 163153586
Broker Reference #: INDIAIN001-N1816

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Business Overview:

IBA is offering a full-service coin operated laundromat with laundry service for sale. The 2,700 square foot (approx.) facility is the end unit in a shopping center. This gives it two entrances and ample parking. It is highly visible because of its location at the intersection of two busy roads. The laundromat provides self-serve and professional laundry services to local residents and businesses. The laundromat offers dry cleaning and drop off services, making it easy for customers to get clean clothes fast! Focusing on convenience and customer service, this coin operated laundromat cleans to customers specifications. Normal turnaround times are 24 hours. Same-day service is offered too. The coin operated laundromat has 50 Speed Queen washers and 50 dryers. There are three washer sizes to handle single and double loads as well as jumbo loads. Laundry carts and folding tables are available to make this never-ending chore easier. In addition to an arcade, multiple TVs, free Wi-Fi and coffee are available to pass the time. Other extras include: • Vending machines • Change machine • Full time attendant • Security system The laundromat runs a laundry pickup and delivery service. It provides customizable laundry services for anyone not wanting to do laundry. An online platform allows clients to customize most aspects of the service including: • What detergents, softeners, and water temperatures to use • Special instructions regarding stains, particular garments, drying, etc. • How to fold or hang items • Setting up a weekly routine or on an as-needed basis The service sends email and text reminders when picking up or dropping off. Being highly responsive as well as reasonably priced, it is no wonder their clients love them! Now’s the time to come clean and admit that you’ve always wanted to own a laundromat. Talk to your broker about this one before it’s gone!

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Reason for Selling:

Seller is moving out of state

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.

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