Absentee Laundromat Opportunity

Not Disclosed, UT
Washington County


Asking Price: Annual Revenue:
$299,900 $150,183

Services: Dry Cleaning & Laundry


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RE: Absentee Laundromat Opportunity Broker: Skyler Ence
Owner Financing is Available!

Quick Facts

Asking Price: $299,900
Annual Revenue: $150,183
Net Profit: Not Disclosed
Cash Flow: $101,307
Total Debt: Not Disclosed
FF&E: $220,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: Not Disclosed
BBN Listing #: 189957058
Broker Reference #: 35715-983129

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Business Overview:

ABSENTEE OPPORTUNITY. Coin-operated, fully self-service laundromat offering services to the local community 24 hours a day. Customers have the option to choose from washing machines and dryers of various sizes, including high capacity for larger household items. Vending machines for laundry soap, bleach and fabric softener are on site along with vending machines with beverages for the customers to enjoy while waiting.

The laundromat was started in 1984. In 1997. The first few years owning the business the seller put time and money into cleaning up the property, buying new equipment and adding amenities they converted the operation from drop off and self-serve to fully self-serve, allowing them to play a more absentee role in the business. Since its purchase the town has grown, and the location continues to be a key to its success.

The location continues to be the biggest competitive advantage of this business. Located on a heavily trafficked corner and in close proximity to several RV parks.

Adding additional high capacity machines could add additional revenue into the business. Also giving the option to use debit or credit cards on the machines would expand options for capturing additional business.

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.

Reason for Selling:

Retirement

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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