Established Laundromat And Pickup/Delivery Laundry Business
Well-established laundromat and laundry pickup/delivery business located in a central Chesapeake location with a strong, long-term lease. The business features state-of-the-art, newer equipment that remains under warranty, a nicely built-out facility, several branded delivery vans, and an established pickup and delivery operation. Revenue is approximately split 50/50 between traditional laundromat services and pickup/delivery services, providing multiple revenue streams and significant opportunity for continued growth. The business is semi-absentee operated with an experienced manager and a strong team already in place. A simple, well-run business with modern equipment, an established customer base, and upside to grow both the laundromat and pickup/delivery sides of the operation.
Location
Located in good area for Laundromats, good anchor, and centrally located for the pickup service.
Employees
10
Lease Terms
Aug 2031
Real Estate
Lease
Trading Hours
6am-10pm
Leasehold Rent
$67,668 per annum
Management Type
This business is owner operated.
Owner Financing
Owner financing is available. Please contact the seller for more information.
Support & Training
2 weeks
Expansion Potential
Additional advertising for the laundromat in the local area, grow residential and commercial pick up accounts.
Competition / Market
There is not a lot of laundromats in the area and they provide a premium pick up service that makes it hard for others to compete.
Inventory / Stock Value
$1,000 - included in the asking price
Reason for Selling
Moving out of area
Financials
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