Seller's Contact Information

  • RE:  Profiitable Laundromat With 18W/18D In Dense APTS.
  • Contact:  Richard Kim
Listing Update!
Update: Profiitable Laundromat With 18W/18D In Dense APTS. is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry.

Business Overview:

Long Established Profitable Laundromat With 18 Washer and 18 dryers in densely Populated Residential Area. There is 40 units apartment complex and multi-family house. There is no immediate competitor nearby. Great potential for growth by adding pick up and delivery and wash and folder services. All above data is reliable but accuracy and completeness are subject to verification through due diligence work by buyers under their responsibility. The Broker doesn't represent or guarantee the accuracy and completeness of all the above data >>

Reason for Selling:

Personal. 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

Documents:

Relevant Links:

Opportunity Update!

Exciting update: Profiitable Laundromat With 18W/18D In Dense APTS. has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

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Semi-Absentee w/Passive Income: Area Developer

Not Disclosed, IL
Cook County

This developer territory resale encompasses Cook, Lake, DuPage, and McHenry counties, with a population exceeding 9.1 million people. The territory includes forty-five (45) licenses and currently has a laundromat generating approximately $17,000 per year in passive income. An additional laundromat is scheduled to open soon, while two more are in the final stages of construction. The total price includes a license to open your own laundromat. On average, individual units generate $420,000 per year in revenue and net between $175,000 and $220,000 per year, depending on the degree of in-house financing utilized.As the developer, you will market to your area and qualify potential candidates. Once the Franchise Agreement is signed by the new franchisee, and in collaboration with the corporate team, you will assist in launching the franchisee and periodically monitor their progress throughout the year. The franchise resale is structured to be managed semi-absentee and presents an uncommon opportunity in the current franchise industry.Each new franchisee earns you $24,500. Selling 40 licenses can yield up to $980,000. You also receive 2.75% of the annual revenue per unit. On average, laundromats earn over $420,000 annually.The new owner gets the business manual, corporate website, training, support, marketing material, mentoring, and continuing education. Duties include marketing to potential store owners and working with the franchise company and franchisees to ensure their success.Given the territory's size and the fragmented competition, this is a great opportunity for someone with business acumen, sales and business development experience, and a strong sense of community.

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Established and Well-Known Laundromat

Not Disclosed, MD
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Unique opportunity to take over a newly renovated laundromat with near new Dexter equipment in an excellent location. The business is ideally situated in a high traffic shopping center with nationally branded neighbors and located on a major thoroughfare. The laundromat has been recently remodeled with features and improvements to include: a NEW HVAC system ($26,000 value), a state-of-the-art computer system, near new Dexter machines (2019), new bathroom and plumbing, complete cosmetic and infrastructure rehabilitation, along with new fans, lighting, and signage.

The laundry is popular with self-service customers and is a fully attended, clean, spacious, and offers ample parking. The laundromat is open until 10pm daily and there are laundry promotions, Wi-Fi onsite, and fully stocked vending machines. The business also offers pick up/delivery and full-service drop off wash, dry, and fold. Same day service is available with a morning drop-off and next day delivery is an option for customers as well. The mix of commercial and residential services has proven to be successful as the recent customer satisfaction and online reviews are very positive. The washers and dryers are near new Dexter equipment that are ready for a new owner. There are 47 washers and 35 dryers on-site along with ancillary equipment like a change machine, soap vending machine, security system, and cash register. All furniture, fixtures, and equipment, including a branded/wrapped delivery van, is included in the asking price. The space itself measures roughly 3,300 square feet with ample parking and lots of room for growth. There is also room to expand advertising and marketing efforts through enhancing the online presence of the business. Don't miss out on this opportunity to own a well-run, turnkey laundromat with an excellent track record.

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Not Disclosed, AZ
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