Self-Service Laundromat with Wash and Fold Service

Henderson, NV
Clark County

Asking Price: Annual Revenue:
$1,900,000 $906,380

Services: Dry Cleaning & Laundry

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RE: Self-Service Laundromat with Wash and Fold Service Broker: Ron Smith
License #: S.0013503.LLC

Quick Facts

Asking Price: $1,900,000
Annual Revenue: $906,380
Net Profit: $661,040
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $335,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 3
BBN Listing #: 44555142
Broker Reference #: 101-21680

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Business Overview:

Excellent 4,100 square feet laundromat location with easy access for loading and unloading. Open 7 days a week, fully attended, safe and clean with all front load, under 5 years 20, 40, 60 and 80 lbs. washer. 30 and 50 lbs. dryers, large 60 and 80 lbs. commercial washers available for large loads and heavy-duty cleaning. Wash and fold service on-site. Seller says, additional income possibilities are dry cleaning drop-store, commercial accounts from local hotels. Extend hours to remain open 24 hours per day.

Seller is an absentee owner and employ local Operations Manager who manages daily activity, hiring/firing, supervisory and equipment maintenance.

Seller is retiring and ready to make a deal with qualified buyer. Proof of funds required prior to disclosing location or financial information.
For a quick response to your inquiry, please contact Ron Smith (RE# S.0013503.LLC; Business Broker Permit# BBP.0000462).

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Property Features and Assets:

This is a leased location of 4,129 square feet with a Total monthly rent of $5,032. Lease ends 09/2031 with Three 5-years options. Seller is active with 3 Full Time employees. Hours of operation are 7am-1am Sunday to Saturday. $1,500 in inventory and $335,000 in FF&E included in the asking Price. $300,000 made in leasehold improvements.

Reason for Selling:

Seller is retiring.

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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