Business For Sale

Fully Automated Laundromat No Coins Needed

Not Disclosed, NC
Mecklenburg County

Asking Price: Annual Revenue:
$60,000 $75,036

Services: Dry Cleaning & Laundry

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RE: Fully Automated Laundromat No Coins Needed Broker: Shane Hull

Quick Facts

Asking Price: $60,000
Annual Revenue: $75,036
Net Profit: Not Disclosed
Cash Flow: $14,580
Total Debt: Not Disclosed
FF&E: $145,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 2
BBN Listing #: 624543260
Broker Reference #: 9075-680167

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Business Overview:

Fully automated laundry facility that is always open. This location provides unmatched customer flexibility when deciding the best time to address your laundry needs. Whether it's after work, at night or in between grocery shopping this facility allows the customer freedom to choose when is best. Located in a busy strip center with two major anchors makes this business the ideal location for services offered.

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Property Features and Assets:

Multiple tenant building with two strong anchor stores. Owner plans to retain channel letters.

Market Competition and Expansion:

Newly established business open 1 year. Currently this facility does not offer a Wash & Fold service. Adding this option can increase revenues an estimated $30,000/year. Also, Increasing to market rate is an option to drive growth. This facility is currently operating below market price for washer and dryer use. Example: Current dryer price is .10 cents for 6 minutes. Market average is .25 cents for 6 minutes.

Reason for Selling:

Other business interests.

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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