Newly remodeled South Metro Laundromat for Sale

Minneapolis, MN
Hennepin County

South Metro


Asking Price: Annual Revenue:
$839,900 $345,000

Services: Dry Cleaning & Laundry


Request More Information
Contact the Seller

RE: Newly remodeled South Metro Laundromat for Sale Broker: Mac Thelen

Quick Facts

Asking Price: $839,900
Annual Revenue: $345,000
Net Profit: $139,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 5
BBN Listing #: 595640231
Broker Reference #: 8196mt

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This listing is a Laundromat based South Minneapolis. The equipment is well maintained or recently updated. This Laundromat is fully attended over the weekends by 3 shifting part time employees. 2 part time employees partially tend the Laundromat during the week with cleaning and customer service being the primary duties. Automatic locks are installed for opening and closing. Some competition came into the area couple years ago and initially affected sales, but the competition has already been absorbed, and customers are coming back. There are many opportunities to grow sales including advertising and offering other services such as wash and fold or dry-cleaning drop off.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The business operates in a 4,495 square foot location with a monthly base lease of $4,775. The lease is extended out to 2033, with very low increases. A full equipment list is available.

Reason for Selling:

Partnership divesting.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!