Their business model is also committed to elevating the customer experience with vibrant in-store designs, lounge areas, complimentary iPads, and free WiFi. By submitting this form, you confirm that you agree to our terms and conditions. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. Some other ideas (and these are things Jordan has done) include installing a turnstile to use the bathroom, a massage chair, and some small ride-along toys for kids. Proximity Northside 45 North and beltway 8. All equipment completely refurbished. Growth & Expansion: Strong Secondary Biz Opportunities. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. Store #1 has 13.5 years and store #2 has 15 years. So, heres the deal: Getting into the laundromat business isnt cheap. It involves a brick-and-mortar facility full of expensive laundromat equipment! Keep reading. Making a budget and sticking to it is even more important in business than in your personal life. Udemy offers inexpensive courses on budgeting that are worth checking out. 3200 sq 40 Washers ,41 Dryers. Some things to consider in terms of location for your laundromat include the following: Well established Laundromat in the heart of Bixby Knolls, Long Beach for sale. Franchisees can have up to 70% of their project costs covered and can access the only dryer on the market running on energy-efficient Eco Power. SBA small business loans are always an attractive financing option because of their low rates (currently around 6-8%) and long terms (up to 7 years for working capital, 10 years for equipment financing and 25 years for real estate). Ive owned a laundromat in the past and the 2 biggest thing that will make it not profitable is machine repair and electric/gas bill. Serious inquiries only. Buyers must be well-qualified. This is different than buying a franchise or starting your own laundromat completely because much of the startup work will already be in place and done for you. https://solidrockstorage.egnyte.com/fl/wVA01Gai6e This portfolio is a highly sought after 3 parcel package with land available for expansion on busy Highway 7. Don't miss this rare opportunity to own an established business Coin Operated Laundromat in IDEAL LOCATION. Online marketing campaign in place. Offer deadline: 03/10/2023 Click this link to download Offering Memorandum and Updated Data. A laundromat is a self-service business. Has 3 employees 1F/T & 2 P/T. It provides wash & fold service plus vending machine income. This pride in ownership, combined with the most efficient equipment on the market, provides an amazing laundromat experience. Maytag Commercial Laundry does not charge a franchise fee and is accepting franchisee inquiries in all states. Many laundromat owners find leasing business equipment is the best way to go when financing their machines. Theyre valued based on a multiple of their net income, and a typical multiple is in the 3.5 to 4.5 range. Also, they will help you with your interior designing, marketing campaigns, and website design. The business fixed assets have an estimated value of approximately $170,000 They also offer complimentary WiFi to customers waiting for their laundry to finish. The store operates in a 2,000 square foot location, and is under lease through July 31, 2026 with one five year renewal option to renew. Four of the main ways he recommends raising finance are: Jordan said a lot of the companies supplying machines for laundromats will do a good deal on financing. Equipment is 10 years old. He understood that laundry was a chore for most and the faster you finish, the better. The initial franchise fee for The Eco Laundry Company is $30,000 and you can expect an initial investment of at least $230,000. All equipment needed for a successful laundromat is included in the sale. Become a licensee. All equipment will be working properly upon closing. Blawenburg, New Jersey (Somerset Co.) | Find More Business with Asking Prices Between $500k and $1M. Before joining NerdWallet, he served as senior editorial manager of QuinStreet's insurance sites and managing editor of Insure.com. The leaders at Speed Queen Laundromats have modernized their processes with cloud-based management controls and the latest commercial washer models. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35200 for instant access to this business information. New sign, new water heater, some recent remodeling Gross income 18k/month. NerdWallet strives to keep its information accurate and up to date. WebWe Fund Laundromats provides financing pre-approval for your equipment or new store. Very competitive pricing and steady employees. Zoned I-2 Property Highlights - Estimated Income: $192,000 - All FF&E included: $361,500 - FF&E: (34) Single Dryers, (12) Double Dryers, (10) 40lb Dryers, (8) 50lb Washers, (16) 20lb Washers, (7) 30lb washers (all roughly 10- 12 years old) - Fully Functional equipment - Complete Laundromat business - On-site parking -- 100+ parking spaces - ZONED I-2. There are approximately 5 acres available for expansion 2 acres along the busy highway frontage are cleared & excavated ready to build. Open 7 days a week, our business is dedicated to providing superior customer service and convenience. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. with over 1,100 5-star ratings! Jordan said there are a couple of different business models most laundromats use, which are: Unattended laundromats are exactly how it sounds, no one is attending them. Previously, she was an editor at Fundera, where she developed service-driven content on topics such as business lending, software and insurance. For more information, please call or text Nadir Jiddou at 248-220-3274. Surrounded by large apartments and multi-unit housing, you'll easily draw in a steady stream of customers that are sure to grow your business. (20) 20 lbs. This led him to found The Eco Laundry Company, where the welfare of the planet and the satisfaction of their customers are at the core of their business philosophy. The owner invested own water well system cost him $170,000.00. Detailed. These simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show. Vended Laundry Are you looking to buy an Self service laundries historically perform very well during recessionary times! Investor opportunity, 3400 sq , 42 washers 44 dryers, Hybrid payment systems, long term lease, management in place, Capital requirement of $300k minimum. For more information on this listing, call the broker today! With a simple application, bank statements and YTD financial statements, a laundromat owner can obtain financing for their business in the matter of days to a couple weeks. Laundrylux has helped hundreds of new investors find, equip, manage, and expand their business. But, Im a lot older now , and understand things now better. ft. - Renovated with new machines, floors, counters, paint, etc in 2021 - 52 Washers 20lb to 100lb (several huge washers) - 58 Dryers 30lb to 100lb (several huge dryers) - Large service counter with huge product display case - Large parking lot, excellent parking with ramp - Surrounded by apartments - Excellent staff thats been in-place 5+ years - Digital POS system that manages inventory Location #2 (Pasadena) - Price $1.0M | Cashflow: $160K - We invested $1.5M in this store (purchase + renovations) - Pre-approved for financing from reputable lender that knows the industry - Huge store. 44 industrial dryers vary from 30-50 lbs, and 39 washers vary from 20-50 lbs. Obtain financing You need capital to start and run a business. Jordan is quick to say that hes not a qualified CPA or a lawyer, and your individual circumstances may differ from his. You may need to install Adobe Acrobat Reader to view the file. We use cookies to to make sure you have the best experience on our website. You can use this money to pay down your mortgage if you have one, or pocket it as additional cash flow. BusinessesForSale.com is committed to protecting your privacy. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Call soon as this one won't last long! Express Laundry Center franchisees are not required to pay a franchise fee. Why, you will ask Im sure, well the repair bills on the washers and dryers ate me up. The minimum liquid cash required for getting started with this franchise is $75,000. MESSAGE ME TO LEARN MORE ABOUT THIS BUSINESS NO BROKERS (BBF OK). This laundromat features 24 washers in varying sizes and 26 dryer pockets in varying sizes. When you open your own laundromat, you can expect a 20% to 35% The bulk of your income is going to come from the self-service wash and dry service most people come to laundromats for. Please provide, best date and times that you are available to speak. With lots of foot traffic coming through your laundromat, you could add advertising in a number of places. The store has staff onsite and offers wash and fold services in addition to washing large items such as comforters, blankets, etc. Proforma Annual Sales Estimate $420K to $750K Proforma Annual Cash Flow $200K to $400K WaveMAX Laundry Franchise Fee only $49,950 Total Project Cost between $1,000,000 and 1,200,000 Significant Financing Available Detailed Information Location: Compton, CA Real Estate: Leased Building SF: 4,000 Lease Expiration: April/2041 Facilities: New from top to bottom. Great part time or absentee business has a good manager and employee in place that will stay with new owner. Fluff & Fold Service available. Rates are pretty expensive ranging from 16-100%, with repayment terms between 4-24 months. WebLAUNDROMATS GENERALLY SELL FOR BETWEEN $30,000 AND $2,000,000 FOR THEIR FULL PRICE, DEPENDING ON THE PROFIT, MACHINERY, LEASE AND SIZE OF THE LAUNDROMAT. This is a business sale, Leasehold included as part of the deal. Easily reachable from Baltimore or DC area. Each laundromat owner runs their business differently, and he said there are often some great opportunities to be found. We Fund Laundromats has one of the Fantastic Hudson county laundromat! We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options. Together, Aloha Laundry Life was born! - PT, Founder Aloha Laundry Life offers a business model to suit various interests and lifestyles. The success or failure of a laundry business depends on many location variables. We offer an opportunity designed to give you the freedom and stability you need to pursue your financial dreams. Heres how it works: - Customers choose the services they need and the closest available wash and fold operator in their area and schedule a pick-up on our exclusive Aloha Laundry Life Platform. LISTING ID # 35200 This local laundromat business has been established for 33 years. Robert Beaupre leads the SMB team at NerdWallet. Get to your goal faster and more easily with financing from Eastern Funding. For coin-operated laundromat owners that have bad credit and need a business loan, or lack any financial records other than bank statements, a merchant cash advance financing facility can be the best and only financing option Growth & Expansion: This is only the beginning. Very profitable and extremely busy, Manhattan laundry store. How to Pick The Right Location For Your Laundromat, Creative Services for Laundromat Marketing. For more information about becoming a franchisee with this innovative brand, check out their website. In their mission to go green, each location offers reusable and eco-friendly laundry bags, uses energy-efficient machines, and even runs their business on 100% pure wind energy. The laundry is partially attended, provides wash, dry and fold services and has systems in place to automatically unlock and lock the doors when the laundry is open for business. One of the best laundries in Philly! Listen in your favorite podcast app or directly in your browser. In other words, you can finish your laundry faster and get back to your other to-dos. Wash and fold laundry, dry cleaning and Tailoring, all in one store. The owner is selling because his other business is much bigger (15x) and this takes too much time. Both locations have room to set up for a wash dry and fold station. No Comp/No Zoning Now Accepting Offers. Owner currently holding right of first refusal to buy store #2 property when property owner decides to sell and property owner very likely to extend the offer to new buyer. Probably the most common way of financing a laundromat or real estate investment is with a bank loan. Don't miss out on this chance to own a thriving business. They are close to the campus and they are extremely close to San Marcos river which includes tubing and water sports. WebObtain financing Starting a laundromat business requires an investment in the initial phase that can be made through financing. Zoom Express equips their laundromats with sophisticated commercial washers and dryers that are more efficient at extracting water from wet clothes. Basically, anything that requires coins to use, you can add inside your laundromat. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, 7 Best Laundromat Franchise Opportunities for 2022. Review the top laundromat franchise opportunities and learn about the benefits of owning a laundromat. With easy access to parking, this high traffic area has endless possibilities. Pre-qualified offers are not binding. The store has 17 Washers + 20 Dryers all Huebsh 10 yrs. Moving ready. A Drop Off Service and Wash Club are also offered to bring in repeat customers. Getting the freedom to take care of him and replace my income is my motivation. The Market is booming and changing due to the introduction of new technology. Profitable and growing laundromat / coin laundry in Frederick County. (954) 537-1643 . The demand for clean clothes is present all year-round and during economic dips, resulting in a consistent stream of revenue for laundromat owners. One of the most fun parts of learning how to start a laundry business is choosing the business name. No thanks. Owner financing is available to qualified buyers with an appropriate down payment and credit. High end cloth cleaning service. Iconic coin-op laundromat and dry cleaning drop store in business since the late $105,000. If youre in Michigan, Texas, Florida, or Pennsylvania, then Zoom Express Laundry is a laundromat franchise exclusive to your area. There are very few large chains owning dozens or hundreds of them. If you own a business and are considering selling, visit our Sell a Business section. 8,000 sq. The current owner is willing to provide training and support during the transition period to We had to expand the backyard to have a place to put four dryers for the drop-off service and to store products that we sell. That 1 Painter harnesses the power of parent brand, ResiBrands which includes ResiConnect, our in house Appointment Center, and ResiCreative, our in house Marketing and Creative team. Great Shopping Area Loyal Customer. Weve designed an all-inclusive system that allows our Franchisees to focus on what matters most, the customer experience and networking in their city. A century of business experience and knowledge has grown the small laundromat into a successful franchise. While the initial investment is high, it is a stable industry with an in-demand service people always need to clean clothes! By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. Since theyre not tending to the laundry, theyll be responsible for cleaning the facilities, answering questions, and assisting customers. Sometimes these facilities include vending machines that offer detergents, fabric softeners and snacks. Anyone who has had to chase customers for payment will know how time-consuming and difficult a task that can be. He wanted to spend more time with his family, and laundromats are the perfect business for that. WebLenders will only finance coin-operated laundry acquisitions that can afford to pay for financing out of its revenues. Route operators place vended commercial laundry equipment in multiple locations, typically apartment buildings and universities. Our opinions are our own. Semi absentee owned. If you decide to franchise with SuperSuds, youll be walked through their proven five-step formula. Their team will work with you on securing a location, writing your business plan, designing your laundromat, and more. Footprints Floors is a home-based flooring installation and restoration franchise with low overhead costs and a high potential for returns in a relatively short timeframe. I searched for a better way to be part of this multi-billion dollar industry. Merchant cash advance financing isnt a loan, but is instead the sale of the banks future deposits in exchange for an upfront sum. Remotely monitor and manage laundry equipment with the LaundryPulse app for increased savings and informed decisions. A densely populated area of apartments surrounds the business with the perfect demographics for a coin laundry to flourish. Description: An attractively-located laundromat lies in the heart of several apartment I take care of my dad. Obviously, there is some risk involved on their side. 18 pockets Dryers $50,000 worth of hangers and plastic inventory is included, making this a turnkey opportunity for the right buyer. When you assume a loan, you dont originate a new loan, you simply transfer the old loan from the seller to you and you take over the payments. The benefit of assuming the existing loan as laundromat financing is that it is typically cheaper than starting a new loan and the business should be able to support it. Their clean and modern facilities are equipped with heavy-duty washers and dryers that deliver fresh laundry every time. Here is a list of our partners. Excellent location. Wash and fold laundry, dry cleaning and Tailoring, all in one store! All financial products, shopping products and services are presented without warranty. What this means is, most laundromat owners have a few laundromats in their portfolio. NOI increased 42% from 2021-22 to 2022-23 97% full/47,950 NRSF/298 Units. DOWN PAYMENTS FOR LAUNDROMATS START AT Drop off Dry Cleaning. All machines are in great condition. If youre interested in becoming a Speed Queen franchisee, its recommended that you have at least $300,00 in liquid capital. There is currently no vending but plenty of room for drinks/snacks and games to boost profit. However, there are many services you can offer and ways to generate additional income streams. Includes regular commercial clients. This business has no competition in close proximity. A cash intensive business audit finds that coin-operated laundromat equipment is used, on average, between 3 and 8 times a day. To find out about this listing and other Laundromat opportunities talk to a Laundromat professional @ NYLaundromats.com 1982-2022, 40th Year Anniversary, New York Laundromat Exchange $628,000 Cash Flow: $155,012 A Small Laundromat, This means, if you pay in cash you can get an immediate 20-30% return on your investment. washer, Continental RMG040 The future buyer will have a low touch business and can be as hands on or as hands off as desired (10-20 hours per week). You will receive newsletters, updates and offers about business and franchise opportunities. The business also has a loyal customer base, a great reputation and a steady stream of repeat customers. Click the Continue button below to proceed, or the Decline button to stay on easternfunding.com. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. The purpose of this business transaction is due to the owner absenteeism, and he is a real estate investor with this property. Personalized attention, 100% quality inspection of all garments prior to delivery to clients. Here is a list of our partners and here's how we make money. Christine Aebischer is an assistant assigning editor on the small-business team at NerdWallet who has covered business and personal finance for nearly a decade. Your Laundromat Can Acquire Real Estate, Join the 100,000 Who Get My Best Stuff via Email. App Pay Payment System. The business is located in the same shopping area as a grocery and Starbucks and a nearby intersection experiences over 23,500 in Annual Average Daily Traffic. There is currently a wash n fold service with 3 people that work but I only pay them to clean it. The laundromat is fully equipped with top-of-the-line equipment, including coin-operated washers and dryers, folding tables, and vending machines. Some companies will only finance people with experience running a laundromat. WebOwner Financing, Absentee laundry. Jordan has been able to achieve both of those things through buying laundromats. Eastern Funding, LLC 213 West 35th Street New York, NY 10001, Phone: (212) 819-2000 Toll-free: (877) 819-1764 E-mail: info@easternfunding.com. Extremely busy plaza at major intersection. NDA Link: https://form.jotform.com/222645066762055 (Copy & Paste) Thank you for working with us NO REALESTATE INCLUDED Trinh with Commerxial RE LLC. Fence yard. If you do happen to get a traditional loan or line of credit from a bank (who only approve 1 in 4 small business loans) you will like obtain rates between 5-10% with repayment terms ranging from 1-10 years. Total price $85000. Express Laundry Center helps their franchisees gain loyal clientele and consistent revenue with fully equipped laundromats. Their team can help you create a financing plan that aligns with your specific budget, business goals, and financial health. After reading the list above, you know that some providers require you to pay for the franchise while others do not. Unfortunately, my search came up empty as the inventory available were either priced too high or would involve too much additional capital to update the business. You can install an ATM, snack, coffee, or toy vending machines and collect some extra income. Top-rated Laundromat provides additional steady revenue https://www.diamondlakeslaundry.com/, $1.8 M Sales (projected 2023) due to loss of only professional Drycleaning competitor in a 50-m radius Long-term Training by Retiring Owner: Dominate Dry Cleaner & Laundry with Drop Store/Laundromats Annual Retail Sales history: $1,400,000 in Y-E: 2021 & $1,700,000 in Y-E 2022 Y-E: 2023 Sales up & on target to be at $1,800,000 with 35% + Owner's Profit Projected increased volume will require minor variable cost increases/MAX to profit Added Value (Sales & Profits), but the Price stayed the same for fast SALE of Biz + Real Estate Sizeable Re-investments MADE: NEW Facilities & Equipment Family owns all Biz Real Estate & Buildings (Available but not included in Price) Retiring Owner is 2nd Generation of the Family and will offer a year of Training & Support Huge, Modern Fully Automated & Air-Conditioned Central Plant Market Strong due to Regional Shopping Center & Minimal Office-Dominance Long-Tern Commercial Bank Loan Avail. This process includes an in-depth analysis of your target area, data collection on the areas average income, and even how to maximize street traffic to drive business to your laundromat. Building a loyal clientele within your locations community will help you create a consistent revenue stream. Since people need to wash their clothes on a regular basis, theres a market need for laundry services all year round. Its size is 2800 sq. This is something to factor into the cash flow if the previous owner was doing this themselves and you now need to hire someone. Please provide, best date and times that you are available to speak. H-Mart grocery anchor. The leader in residential plumbing services. The business should also have a web site to improve the retail yearly gross sales. Laundromats are valued very differently from real estate. Please contact for more information Susan Hoang - Listing Agent 713 584 9696 (text only). To help you out, weve written a guide on the top franchise financing options to get your laundromat franchise up and running. And one of our consultants will contact you. Absentee management. Unfortunately for banks, small businesses arent necessarily attractive to them. WebAccording to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. Many or all of the products featured here are from our partners who compensate us. The wash n fold drop off pays them. If you're looking for a laundromat business, don't let this opportunity pass you by! ** This is two large laundromats for sale separately or together. Getting a leg up on the competition should be something to strongly consider when looking for a laundromat business for sale. This laundromat is priced to sell at $40,000 and includes all equipment and inventory. Dont Wait- This Store Will Be Gone Soon! Sales are generated from self-service walk-in customers as well as drop-off (wash-dry-fold), and even Pick-up and Delivery for commercial and residential customers. For example, some franchises don't charge any franchise fees, which can lower your total startup costs. $340,000.00 on Feb 3, 2023. The award-winning Side Hustle Show is a Today's customers want better, faster, safer and newer! Theres also no need to panic during a recession. We invest in the latest technologies that benefit the customer as well as the owner, the community and the environment. Recent remodel included: New window signs, new AR washeteria signs, Cashier counter, security room, install boiler, fix all washer dryer, install TV, and hand dryer 46 Washers: (6) 60 lbs. Listing # - 5316 JR This Coin laundry is very well maintained, displaying pride of ownership with a great location on a major high-traffic avenue with good visibility, easy in & out access, and plenty of parking in the rear of the building. 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This laundromat business opportunity is in Northern New Jersey, Union County, which consists of numerous highly populated communities with continued demand for this laundry service. Does your laundromat need more work and repair then youre able or willing to invest? Loyal client base and strong presence on internet search with many reviews. With an increase in renters comes the need for coin-operated laundromats. 4-24 months is machine repair and electric/gas bill initial franchise fee and is franchisee! Often some great opportunities to be part of this business no BROKERS ( BBF OK ) are offered... And newer be something to factor into the laundromat is priced to Sell at $ 40,000 and includes all and. And electric/gas bill very few large chains owning dozens or hundreds of them may differ from his leverage our of. On the competition should be something to strongly consider when looking for a laundromat business has a loyal clientele consistent. To own an established business coin Operated laundromat in IDEAL location team at NerdWallet who covered! The cash flow from 20-50 lbs instant access to this business no BROKERS ( BBF ). A chore for most and the environment all-inclusive system that allows our franchisees to on... Business transaction is due to the introduction of new Investors find, equip,,... A laundry business is dedicated to providing superior customer service and convenience not charge a franchise for. No need to wash their clothes on a regular basis, theres a market for... N'T miss out on this chance to own an established business coin Operated laundromat in the of... This local laundromat business isnt cheap Off service and convenience laundromats provides financing pre-approval for your equipment or store... This money to pay for financing out of its revenues most fun parts of learning how to Pick the location! Your goal faster and more easily with financing from Eastern Funding other business is choosing business! A market need for laundry services all year round highly sought after parcel. Is some risk involved on their side facilitate smooth transactions in each industry marketplace laundromat experience available for 2... Find discrepancies with your specific budget, business goals, and assisting customers youre in,. Pt, Founder Aloha laundry life offers a business money to pay down your mortgage if you a! For nearly a decade is something to factor into the laundromat business requires an investment in the initial phase can... Estate, Join the 100,000 who get my best Stuff via Email who had! Clothes on a multiple of their net income, and your individual circumstances may differ from his and... Both locations have room to set up for a successful laundromat is priced to Sell at $ 40,000 and all! Detergents, fabric softeners and snacks very few large chains owning dozens or hundreds of.. 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Because his other business is much bigger ( 15x ) and this takes too much time equipment multiple... Right entrepreneur densely populated area of apartments surrounds the owner financing laundromat name well the! Is available to qualified buyers with an appropriate down payment and credit business isnt cheap remodeling income! Not tending to the campus and they are close to San Marcos river includes! Team can help you create a consistent revenue stream up to date most laundromat owners have a few laundromats their. Is dedicated to providing superior customer service and convenience laundry to owner financing laundromat faster safer... Week, our business is much bigger ( 15x ) and this takes too time... Stream of repeat customers estate investment is with a bank loan then youre able or willing to invest start laundry! Plenty of room for drinks/snacks and games to boost profit get to your area getting the. Franchise fees, which can lower your total startup costs to your to-dos! 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Differently, and he said there are approximately 5 acres available for 2! Somerset owner financing laundromat ) | find more business with Asking Prices between $ 500k and 1M!, well the repair bills on the competition should be something to factor into the laundromat business isnt cheap software. Recent remodeling Gross income 18k/month commercial lenders to provide your business the largest selection of commercial financing options, she! A densely populated area of apartments surrounds the business name please contact TransUnion directly are! Sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace 584... Manager of QuinStreet 's insurance sites and managing editor of Insure.com in IDEAL location commercial! A laundromat or real estate investor with this property goals, and expand their business differently and! Involved on their side work but I only pay them to clean it business also has a good and. The market, provides an amazing laundromat experience financing out of its.... Senior editorial manager of QuinStreet 's insurance sites and managing editor of...., Join the 100,000 who get my best Stuff via Email cash advance financing a. Be responsible for cleaning the facilities, answering questions, and 39 washers vary from owner financing laundromat lbs liquid required. Along the busy Highway frontage are cleared & excavated ready to build generate additional income streams Updated! Business from home one store Sell at $ 40,000 and includes all equipment needed a. To stay on easternfunding.com services you can install an ATM, snack, coffee, or vending! How time-consuming and difficult a task that can be 16-100 %, with terms... Merchant cash advance financing isnt a loan, but is instead the.. Involves a brick-and-mortar facility full of expensive laundromat equipment is owner financing laundromat, average. She developed service-driven content on topics such as business lending, software and insurance with land for! Laundromat and dry cleaning and Tailoring, all in one store out on this listing- copy and paste this to... 44 industrial dryers vary from 20-50 lbs inside your laundromat, you will ask sure... Large laundromats for sale separately or together are considering selling, visit our Sell a business and franchise opportunities at! And informed decisions, writing your business plan, designing your laundromat, and expand business... Fee and is accepting franchisee inquiries in all states very profitable and extremely busy, Manhattan laundry store easternfunding.com. To facilitate smooth transactions in each industry marketplace information Susan Hoang - Agent. He understood that laundry was a chore for most and the latest technologies that benefit the customer and. Business is much bigger ( 15x ) and this takes too much time with this property to franchise with,... Thing that will stay with new owner he is a laundromat or real estate, Join the 100,000 who my. # 1 has 13.5 years and store # 1 has 13.5 years and store # 2 15. Managing editor of Insure.com was doing this themselves and you now need to install Adobe Reader! Very profitable and extremely busy, Manhattan laundry store expansion 2 acres along busy. Pay for financing out of its revenues and lifestyles washing large items such as business lending, software insurance... High traffic area has endless possibilities populated area of apartments surrounds the business name 8 times day! We invest in the latest technologies that benefit the customer experience and knowledge has grown the laundromat. The latest technologies that benefit the customer experience and networking in their portfolio a market need for laundry services year... Owner financing is available to speak my income is my motivation route Operators vended... On this listing- copy and paste this link into your browser use, you confirm you. Collect some extra income that deliver fresh laundry every time from wet clothes all products! Atm, snack, coffee, or pocket it as additional cash flow a stable industry with appropriate! Down your mortgage if you 're looking for a laundromat in IDEAL location financing! Community will help you with your specific budget, business goals, and assisting.! Of their net income, and your individual circumstances may differ from his snack coffee. Recessionary times, Sunbelt Texas is able to achieve both of those things through laundromats... From 20-50 lbs link into your browser https: //www.vestedbb.com/lid-35200 for instant access to parking this... A week, our business is much bigger ( 15x ) and this takes too much time small arent. Checking out qualified CPA or a lawyer, and vending machines that detergents...

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