Turnkey Self-Service Laundromat in Memphis Market

MEMPHIS, Tennessee

Asking Price $425,000 Year Established 2018
Annual Revenue $189,995 Reason for Selling Relocating  
Annual P/L $0 Attention Kelvin Woods
Annual Cash Flow $124,352 Listing Number 1020355  
# of Employees Business Category Services: Dry Cleaning & Laundry

Business Overview:

Business Overview

An opportunity to acquire an established self-service laundromat with wash-and-fold capabilities in the Memphis market. The business features commercial-grade washers and dryers, modern laundry-card payment technology, substantial equipment investment and an established customer base.

The operation serves a predominantly renter-occupied residential market and offers a platform for an incoming owner to optimize operations, increase equipment utilization and expand convenience-based laundry services.

Investment Highlights

·        Commercial-grade laundry equipment with multiple load capacities

·        Majority of primary machines installed in 2023

·        Self-service and wash-and-fold revenue opportunities

·        Existing digital payment infrastructure

·        Base rent of approximately $2,000 per month

·        Opportunity for a streamlined, lower-touch operating model

·        Potential expansion through apartment partnerships and commercial laundry accounts

·        Seller financing may be considered for a qualified buyer

Growth Potential

The existing facility provides an opportunity to expand revenue without the expense of building a new laundromat. A buyer may pursue targeted local marketing, improved customer retention, wash-and-fold growth, commercial accounts and more efficient labor management.

Ideal Buyer

Well-suited for an owner-operator, an experienced laundry entrepreneur, or an investor with an appropriate management plan seeking an established laundromat in the Memphis area.

Additional information available upon execution of a confidentiality agreement and completion of buyer qualification.

Property Features and Assets:

Market Competition and Expansion:

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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