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- RE: Recession-Resistant Laundromat With Real Estate
- Contact: Myles Hammonds
Quick Facts
| Asking Price: | $300,000 | |
| Annual Revenue: | $248,445 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $65,297 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1018916 | |
| Broker Reference #: | 69071-618291 |
Business Overview:
The business is a recession-resistant laundromat serving the Kansas City community with commercial-grade, high-capacity washers and dryers in an approximately 4,000-square-foot retail space, averaging about $20,000 per month in revenue. The business provides an essential, recurring service with a simple operating model and minimal inventory. It has grown through word of mouth with no formal marketing. Owner involvement is limited to a few hours each morning, with a long-tenured staff in place, and a buyer can be trained in about one week. The lease was recently renewed for 5 years with an option to renew again or purchase the real estate, and portions of the building are rented to two tenants for supplemental income. Growth opportunities include digital marketing and loyalty programs, wash-and-fold and dry-cleaning services, pickup and delivery, commercial laundry accounts with hotels, salons, gyms, and healthcare facilities, and additional locations.
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Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
The Real Estate is available but is not included the Sales Price.
Reason for Selling:
Other opportunities. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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