(LEE) Laundromat w/ Real Estate-So. Shore

Norfolk, MA
Norfolk County

Asking Price: Annual Revenue:
$319,000 Not Disclosed

Services: Dry Cleaning & Laundry

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RE: (LEE) Laundromat w/ Real Estate-So. Shore Broker: MING DONG

Quick Facts

Asking Price: $319,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 1
BBN Listing #: 389131418
Broker Reference #: ray

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Business Overview:

This high traffic location near many apartments and single and multi-family homes. Corner location great exposure. This is a single story semi free standing building with approximately 1,200 square feet with basement. The laundromat consist of 12 Maytag top load washers at $3, 2 IPSO 35# washers at $6, 4 IPSO #18 washers at $ 4, 2 double stack May dryers at 5 min $0.25, and 10 American Dryers at 5min,at 0.25. 4column soap dispense, 3=2column bagger, scale, 5 laundry carts, folding tables, 24000btu air conditioner, and exhaust fans, etc.

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Market Competition and Expansion:

A large laundromat was closed up.. the landlord of the property did not renew his lease and rented it to a food establishment, creating a void in the neighborhood.

Reason for Selling:


Additional Details:

  • The property is owned.
  • 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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