Northern New Hampshire Laundromat

Confidential, NH

Asking Price: Annual Revenue:
$109,900 $88,803

Services: Dry Cleaning & Laundry

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RE: Northern New Hampshire Laundromat Broker: Jay Polimeno
Owner Financing is Available!

Quick Facts

Asking Price: $109,900
Annual Revenue: $88,803
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $114,619
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 206851863
Broker Reference #: NEWHAMP001-N14

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Business Overview:

May 2019-RECENTLY REDUCED PRICE BY A MOTIVATED SELLER! This business was created in 2015 by the current owner. It operates as an LLC with the seller as the sole member. The laundromat is located in a 2800 square foot space in a vibrant strip mall on a main city street. There is consistent demand for the retail laundry service in the community which includes dry clean drop off/pick up, wash and fold services, as well as “coin-op” washer/dryer facilities. Most of the business is retail individual customer usage, although there are a couple of institutional customers for wash and fold service as well. This laundromat relies on a local customer base for the majority of its retail washer/dryer business; however, there is a “tourist” component which also supplements local business. When the tourists are in the area (June through October and December through March, roughly), the laundromat is busier with the variable of rental guests, hikers, and campground guests using the washer/dryer facilities.

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Reason for Selling:

Seller is dealing with health issues.

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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