Highly Profitable Laundromat For Sale - Metro Area.

Financial Information

  • Asking Price: $799,999
  • Gross Revenue: $235,190
  • Cash Flow: $174,341
  • Down Payment: $127,000
  • FF&E (Included): $100,000
  • Inventory: N/A
  • Financing: Yes

Business Location

  • St. Paul-Minneapolis-Twin Cities
  • Minnesota
Primary Business Category:

Coin Laundromat in an ideal location managed by one long-time employee with increasing sales. Seller is semi-absentee - working around 2 hours/week for ongoing management. All machines accept payment via a Phone App which is helping drive sales. Revenue was held back by major street construction from summer of 2017 to the summer of 2019 that made finding and accessing the laundromat difficult. A price increase of over 10% after construction was completed has helped boast profit. Laundromat is well maintained and features the most reliable brands in the industry. The is a great opportunity for the right buyer. Washers: 32 Stack Dryers: 12 Super-Sized Dryers: 2 Coin Changer: 3 Vending Machine: 2


Financing Comments

SBA Financing


Reason For Sale
Access to Capital
  • Home Based: No
  • Year Established: 2001
  • Franchise: No
  • Year Acquired: 2001
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 1
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: N/A

Contact Business Broker

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Business Listed by

Sunbelt Minneapolis

Contact:
Office Phone: 612-455-0880
Mobile Phone:
Listing ID: MINNEMN003-N2279

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.