High Volume, newly Remodeled Laundromat for Sale

Saint Paul, MN
Ramsey County

North Metro

Asking Price: Annual Revenue:
$2,200,000 $548,000

Services: Dry Cleaning & Laundry

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RE: High Volume, newly Remodeled Laundromat for Sale Broker: Mac Thelen

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $548,000
Net Profit: $367,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2001
Employees: 3
BBN Listing #: 240140231
Broker Reference #: 8197mt

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Business Overview:

This listing is a Laundromat based St. Paul Metro. The equipment is all less than 2 years old and integrated with credit card readers and Spyderwash. This Laundromat is being run mostly unattended, with automatic locks for opening and closing. Some competition came into the area and initially affected sales, but the competition has already been absorbed, and customers are coming back. There are many opportunities to grow sales including advertising and offering other services such as wash and fold or dry-cleaning drop off

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Property Features and Assets:

The business operates in a 3,600 square foot location with a monthly base lease of $3,080. A full equipment list is available.

Reason for Selling:

Partership divesting.

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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