Established And Profitable Laundromat With Growth Potential

HS Listing ID-72964 Business Highlights Established, profitable laundromat Semi-absentee ownership Annual gross revenue: approximately $240,000 Annual cash flow / SDE: approximately $70,000 Asking price: $375,000 Strong cash flow margin: approximately 29.2% Excellent long-term lease: approximately 11 years remaining Low monthly rent: only $2,800/month 32 modern Huebsch machines 16 washers 16 dryers Equipment is approximately 4 years old Clean, modern, well-maintained facility 3 part-time employees Approximately $50,000 annual payroll Established wash-and-fold service Modern card payment system Low reported utility expenses: Water: approximately $400/quarter Gas: approximately $815/month Electric: approximately $1,075/month Sewer tax: approximately $800/year Opportunity for an owner-operator to increase profitability Potential to expand wash-and-fold volume Opportunity to introduce/expand pickup and delivery Potential for additional commercial laundry accounts Opportunity to improve digital marketing and local promotions Potential to implement loyalty programs and increase repeat business Opportunity to optimize machine pricing and utilization A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION