Growing Laundry Service Business

Not Disclosed, IA


Asking Price: Annual Revenue:
$295,000 $435,002

Services: Dry Cleaning & Laundry


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RE: Growing Laundry Service Business Broker: Scott Stricker

Quick Facts

Asking Price: $295,000
Annual Revenue: $435,002
Net Profit: Not Disclosed
Cash Flow: $123,862
Total Debt: Not Disclosed
FF&E: $82,826
Real Estate: Not Disclosed
Year Established: 2020
Employees: 19
BBN Listing #: 457535915
Broker Reference #: 2967

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Business Overview:

This Growing Laundry Service Business in Iowa focuses on wash and fold services for both residential and commercial clients. The business is centered around free pick-up and delivery with a 24-hour turn around. They offer a fully customized experience with the ability for customers to specify when their laundry is picked up and delivered, how their items are laundered, and if they are folded or hung. The business has grown very quickly servicing over 500 routine clients in 2022 with a total customer list over 1,800.

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Property Features and Assets:

The business occupies a 3,000 square foot facility with plenty of space for growth.

Market Competition and Expansion:

This business is well positioned for growth. Opportunities include expanding its pick-up and delivery locally and by running more shifts to accommodate existing demand. The business could also grow by setting up additional locations throughout Iowa. The business is poised to strategically market its laundry services to more commercial clients such as gyms, acupuncturists, massage therapists, golf clubs, caterers, and medical offices.

Reason for Selling:

More Time With Family.

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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