Green Green Green! required licenses, no web site, no social media venues, displays, shelving, no POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. I bought it two years ago during the pandemic, I renovated it, and every month the business grows in sales. Dansbury equipment and securty is automtated and accessed remotely. Established Neighborhood Laundromat for sale in NJ. Detailed. The net operating income of a laundromat is calculated by deducting all the operating expenses from the income a laundromat is making. If you need finance for a laundromat, Jordan said there are several ways you can raise the funds to purchase a business. We offer our customers the choice to do their own laundry or utilize our wash-dry-fold services, typically done in 24 hours, and we now offer drop-off service as well. Will Sell fast! Established in 1996, the website is an international marketplace of businesses for sale. Copyright 2018 GUD Capital LLC. Three long term employees. Operated by employees with owner's involvement in cash collection. Don't miss this rare opportunity to own a coin operated 24/7 laundromat completely self serviced. SuperSuds does not list any franchise fees or costs on their website. 3 Year Average Return on the investment - 19.5% pa 3 Year Average Return on the revenue - 24.5% pa BUSINESS SUMMARY Simple all-cash coin laundry business in a safe and secure area the two locations are approximately 2 miles apart. Store security and anti-theft practices are implemented, and we have the best security and camera systems in the industry. With a steady stream of repeat customers and a strong reputation in the community, this laundromat is a great investment for any entrepreneur looking to get into the laundromat business. She is based in Santa Monica, California. Competition: Limited, Town Moratorium for New laundry Businesses. Or maybe their credit isnt quite good enough for bank-rate small business financing. The Market is booming and changing due to the introduction of new technology. All financial products, shopping products and services are presented without warranty. When you open your own laundromat, you can expect a 20% to 35% ROI with a 95% success rate. The owner invested own water well system cost him $170,000.00. Save this Business Print. 26 Dryers: (4) Large (22) Medium *Dryers are stacked- 2 pockets in one dryer Signed NDA and Proof of funds are REQUIRED prior to location visit. With a large 2600 sq ft store and a full basement, there's plenty of space for operations. 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. How to Pick The Right Location For Your Laundromat, Creative Services for Laundromat Marketing. This modern laundromat company which consists of approximately 1,800 square feet with an attractive appearance is located on an active commercial avenue with other local businesses. Eliminate employees and work the business full time add $40k-$50k of additional annual net revenue. Current lease is 5,670/month all NNN included-15 years remaining Low to no maintenance costs for new owner. If youre an employee, youll know that tax is taken from your salary before you receive it. The leaders at Speed Queen Laundromats have modernized their processes with cloud-based management controls and the latest commercial washer models. Parts of this site may not work with all screen readers, since users use a variety of screen readers, as well as different versions of these screen readers. KW Commercial is pleased to present a unique investment opportunity, Maytag Coin Laundromat, the well-established laundromat business located at 1019-49 W Sedgley Ave, Philadelphia, PA 19140. GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available to small and mid-sized businesses. No thanks. 12 years on lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. WebWith 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. This was the reason Jordan bought his first laundromat, to get into a business where he doesnt have to be present all the time. Pre-qualified offers are not binding. $5000 down. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. Wanting to make the laundromat more enjoyable, all SuperSuds locations are furnished with flat-screen TVs, WiFi, and radio. 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. WebChris, Laundromat Owner | Georgia Start Your Business with a Turnkey Solution Get your business up and running with Laundryluxs turnkey solution, including construction, Laundrylux provided me a turn-key solution including assistance with location selection, demographics, store design and signage, construction, proper laundromat equipment selection, and laundromat financing. The leader in residential plumbing services. Your other option is to buy an existing laundromat. You can head to their website to learn more. Both stores profitable and always well maintained by same owner since January 2010 (first store) and March 2013 (2nd store). Long lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. The current owner is willing to provide training and support during the transition period to After reading the list above, you know that some providers require you to pay for the franchise while others do not. Location: Kings County, New York, US. Anyone who has had to chase customers for payment will know how time-consuming and difficult a task that can be. Make sure to check your email (including spam/promotions) for your free welcome gift. He believes in this model so much that hes put together a team of investors and is looking to buy up larger laundromats and real estate in the future. 3rd party financing available with about 35%-50% down. 4 55 lb. I searched for a better way to be part of this multi-billion dollar industry. Wash and Fold is a growing service which represents roughly 12% of sales with an average sale of $40.00 per transaction. Some companies will only finance people with experience running a laundromat. Absentee management. Being that laundromats are an all cash business, sometimes laundromat owners dont have all their financial documentation in order. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Also, they will help you with your interior designing, marketing campaigns, and website design. San Marcos is a quaint college town very close to Austin. If you decide to franchise with WaveMAX Laundry, they will have you follow their proprietary approach for finding the right location. There is none of that with laundromats. Minimum liquid cash requirement: $300,000. as a provider of laundry services, being able to handle large volumes of laundry quickly and to client specifications is essential. Description: An attractively-located laundromat lies in the heart of several apartment This laundromat is priced to sell at $40,000 and includes all equipment and inventory. This frees up your time and energy to create a work-life balance many entrepreneurs strive for. Fantastic Hudson county laundromat! When evaluating offers, please review the financial institutions Terms and Conditions. The purpose of this business transaction is due to the owner absenteeism, and he is a real estate investor with this property. We use cookies to to make sure you have the best experience on our website. Weve designed an all-inclusive system that allows our Franchisees to focus on what matters most, the customer experience and networking in their city. The new owner can run semi-absentee or eliminate the Manager and run it for more cashflow. The laundromat was purpose-built and had been operating as a laundromat for 10 years. ft. - Renovated with new machines, floors, counters, paint, etc in 2022 - 88 Washers 20lb to 100lb (several huge washers) - 78 Dryers 30lb to 100lb (several huge dryers) - Large service counter with huge product display case - Large parking lot, two entrances, excellent parking with ramps - Excellent staff thats been in-place 10+ years - Digital POS system that manages inventory, Clean, safe and busy with many upgrades and extras. Laundromats are great places for vending machines. I am willing to sell for appraised price if less then then my asking or agreed upon price. Two coin laundromats in prime locations close to each other in Seattle area. 15 years on lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. Both laundries are ready to work for you - To start this business from scratch will cost in excess of $500,000 in build-out and equipment. With lots of foot traffic coming through your laundromat, you could add advertising in a number of places. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available. Call for detailed information regarding your next income producing business. In other words, you can finish your laundry faster and get back to your other to-dos. Proximity Northside 45 North and beltway 8. In economic terms, the demand for washing clothes is inelastic. Lets check them out. Probably the most common way of financing a laundromat or real estate investment is with a bank loan. Whether you procure a loan backed by the Small Business Association (SBA loan) or a conventional loan, typically banks are the lending institutions that fund these loans. Everyone needs to do laundry! According to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. If so, here are our top picks for laundromat franchises that can help kickstart your next business venture. If customers want to stay near their laundry, wouldnt they rather stay in a facility that has free Wi-Fi, comfortable chairs, kids play areas and other entertainment features? Robert Beaupre leads the SMB team at NerdWallet. With easy access to parking, this high traffic area has endless possibilities. Building permits have been issued and construction is well underway. NerdWallet strives to keep its information accurate and up to date. MESSAGE ME TO LEARN MORE ABOUT THIS BUSINESS NO BROKERS (BBF OK). Equipment 12 Top Loaders 10lb., 12 Front Loaders 25lb., 12 Front Loaders 40lb., 10 Front Loaders 50lb., 2 Front Loaders 75lb., 27 Stacked Dryers 30lb. Business was developed 2010 and the lease is till 2030 with the option to extend. New sign, new water heater, some recent remodeling Gross income 18k/month. Equipment is 10 years old. $600 a month. If youre looking to buy coin laundry businesses, youll join an industry that collects over $5 billion in annual revenue. Speed Queen's initial franchise fee is $30,000. Listen in your favorite podcast app or directly in your browser. laundromats experience an average cash-on-cash return on investment of 20-35% Coin laundries can generate anywhere between $15,000 and $300,000 per year. I agree if you, as a owner place in the right location and keep it clean it will make you money. 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. Managers should service the machines and manage the use of coin machines on premises. If you are looking to be a part of the future, we have an exciting opportunity for you to become a Master Licensee and diversify your income and build your own territory-based network. So how do we make money? Online marketing campaign in place. Our opinions are our own. Their team can help you create a financing plan that aligns with your specific budget, business goals, and financial health. Are you looking for a turnkey business opportunity with a proven track record of success? Wash and fold laundry, dry cleaning and Tailoring, all in one store! This sale includes both 1019 & 1049 W Sedgley Ave and 3213 N 11th Street, all furniture, fixtures, and equipment, as well as detailed store performance data available upon request. Growth & Expansion: This is only the beginning. Are you looking to buy an existing laundromat, build a new store or purchase new equipment? Maytag Commercial Laundry also partners with Eastern Funding to help you secure the capital needed to get your laundromat up and running. They are close to the campus and they are extremely close to San Marcos river which includes tubing and water sports. Assistant Assigning Editor | Small-business finance, personal finance. 100% absentee. A century of business experience and knowledge has grown the small laundromat into a successful franchise. When you work with the best, they help you become the best.. 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. In terms of revenue, a coin-operated laundry facility can generate anywhere from $15,000 to $300,000 per year. Revenue is up from when I purchased and has a ton of room to grow the business. The store operates over 50 laundromat machines spanning 15lb washers, 40 lb washers, 55 lb washer, 30 lb stackable dryers, and 15 lb stackable dryers. Easy to manage business, ideal for starters and investors. 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. Serious inquiries only. If want to tap into this lucrative industry and join a laundromat franchise, see below the benefits of owning a laundromat and a list of the top laundromat franchise opportunities. Don't wait. 3200 sq 40 Washers ,41 Dryers. With its well established success, and favorable demographic ensuring regular customers all year round. Please provide, best date and times that you are available to speak. 6 20 lb. Is The Coin Laundry Business Right For You? This is a relatively low-maintenance business, so you can hire a few employees to manage the store when youre not around. By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. And the same is true within laundromat franchises specifically. The owner is willing to enter into a long term lease with the buyer. You can change your mind at any time by clicking unsubscribe in the footer of our emails. Because most of the services inside a coin laundry are self-service, customers are relatively free to conduct their cleaning tasks without your direct assistance. A Census national summary report shows that in the 3rd quarter of 2014 there were 24,250,000 rentals in the United States. If you are viewing this ad, you must have thought of operating a laundromat in some capacity. Well, our East Los Angeles County WaveMAX Laundry Franchise Location has been a hub of coin laundry activity for 30 years. Don't miss out on this chance to own a thriving business. Cool? 8,000 sq. 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, We invest in the latest technologies that benefit the customer as well as the owner, the community and the environment. Laundry hook ups. 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 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. Jordan said its worth talking with them though, and you may even be able to partner up with someone that has experience. The laundry has plenty of parking right in front of the business. 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. I know because I was in your shoes. The business is new and will continue to develop and can be further expanded by the new operator with a marketing plan and local advertising to develop wash and fold. Extremely busy plaza at major intersection. Store #1 has 13.5 years and store #2 has 15 years. Full staff opens, closes, cleans and processes drop off orders. Their business model is also committed to elevating the customer experience with vibrant in-store designs, lounge areas, complimentary iPads, and free WiFi. 5 45 pound, Continental Express Dry, KTT45 40% of business is from drop-offs. Rated 5 stars by its loyal customers. The business also has a loyal customer base, a great reputation and a steady stream of repeat customers. why a laundromat makes a great side hustle and investment vehicle, where to look for financing and some creative marketing and monetization ideas. 4,200 Sf 60k card system installed in - Jan of2022 . People pay you to do their own work! Location Location Location! More than half of coin laundries offer wash-and-fold services. 44 industrial dryers vary from 30-50 lbs, and 39 washers vary from 20-50 lbs. Find out more about what we do with your information in our privacy policy. Key benefits: Semi-absentee - requires just a few hours each week Low employee count wash, dry, fold services pay all employee costs Built for exceptional cash flow and quick ROI Multiple revenue streams Wash, Dry, and Fold, Vending, & mobile Recession resistant, essential business Industry leading, top brand name High Efficiency equipment ***Third-party financing available for qualified buyers. Long lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. Getting the freedom to take care of him and replace my income is my motivation. ft. with the same size of the basement. Self service laundries historically perform very well during recessionary times! 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. LISTING ID # 35207 Well-established dry cleaning business in a prime location. Open 7 days a week, our business is dedicated to providing superior customer service and convenience. Route operators place vended commercial laundry equipment in multiple locations, typically apartment buildings and universities. Ever since their founding in 2012, WaveMAX has been challenging the average laundromat business norms. A Small Business Administration loan is often seen as the best business loan around. There are many franchises out there across different industries. 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. Jordan has been able to achieve both of those things through buying laundromats. Has 46 dryers and 31 washing machines. Jordan said this means the market is very inefficient. Startup costs typically range from $200,000 (for resale businesses) to $1 million for a brand-new facility and business. Its as easy as that. Loyal client base and strong presence on internet search with many reviews. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Year of 2022 Total Revenue $250,000 Net income $135,000 2 year of Profit and Loss statements available upon request after signing NDA Call me today to take advantage of this opportunity with a great location. On the laundromat resources front, Jordan is always looking to provide more opportunities for people within the business to share their knowledge. The business fixed assets have an estimated value of approximately $170,000 Mr. Rudin can be contacted directly at (425) 454-3052 and seth@ibainc.com. There is no limit the number of successful laundromat franchises you can own. Please provide, best date and times that you are available to speak. It's especially true when you buy a laundromat franchise. WebSpeed Queens in-house financing could allow you to be up and running with financing available up to 90%. Coin laundry businesses for sale come in a variety of places, but location is of paramount importance. Welcome to your new business opportunity! Jordan recommends talking to a couple of laundromat-specific lenders. Located on the a main heavy street, it is in a mid-sized shopping center with easy access, plenty of parking and a located less than half mile from 4 apartments complexes(Falcon Heights, Gardenwood, Winton Gardens, and Castleview Apartments).Laundromat includes 31 washers, 23 dryers. Growth & Expansion: Strong Secondary Biz Opportunities. Gross Revenue: $372,000. 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). Previously, she was an editor at Fundera, where she developed service-driven content on topics such as business lending, software and insurance. ft. with a mix of large commercial washers and dryers. Getting a leg up on the competition should be something to strongly consider when looking for a laundromat business for sale. As service businesses go, laundromats are fairly passive. Both have been remodeled, one is a complete remodel down to the studs. A few machines are down due to back ordered parts. Waranty still remains for major parts. For more information about becoming a franchisee with this innovative brand, check out their website. Their facilities feature high-speed Continental ExpressWash washers, which generate up to 381 G-force extract speeds. BusinessesForSale.com is committed to protecting your privacy. Consequently, the business needs to make enough money Our partners cannot pay us to guarantee favorable reviews of their products or services. A unique aspect of coin operated laundromats is the fact that a singe laundromat location can generate as much as $300,000 in revenue annually with very little overhead, while also having no inventory or receivables. A Better Place to Do Your Laundry Laundry is all we do. Robert Schwartz founded SuperSuds in 1996 because he saw an opportunity to improve the laundry care industry. Look no further than this well-established laundromat located in a high-traffic area. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. This laundromat isnt cutting any corners in their efforts to be as green as possible. $5,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE. 4 40 lb. When operating a business like a laundromat, however, you can pay expenses before deducting tax. And construction is well underway consider when looking for a laundromat is calculated deducting... Generate anywhere between $ 15,000 and $ 300,000 per year makes a great side hustle investment... Is due to the introduction of new technology with many reviews make sure have! Locations close to san Marcos is a growing service which represents roughly 12 % business. Remodeling Gross income 18k/month including spam/promotions ) for your laundromat up and running with financing available to... Jordan has been a hub of coin laundry businesses for sale our website are you looking a! To own a thriving and colorful business from home youll be walked through their proven five-step.. 'S plenty of parking right in front of the business to share their knowledge staff,... Basement, there 's plenty of parking right in front of the business and more growth & Expansion: is! Viewing this ad, you can head to their website to learn more this business transaction is due to studs. Access to parking, this high traffic area has endless possibilities campaigns, website. And insurance do with your information in our privacy policy $ 1 for! Make owner financing laundromat laundromat resources front, jordan said this means the Market is very inefficient a Census national report! Changing due to the campus and they are close to each other in Seattle area franchise location has a! Them though, and financial owner financing laundromat products and services are presented without.. Water heater, some recent remodeling Gross income 18k/month is with a %... 2010 ( first store ) and March 2013 ( 2nd store ) March! You money owner since January 2010 ( first store ) and March 2013 ( 2nd )... Looking for a laundromat without warranty Gross income 18k/month from 20-50 lbs thriving and business. An employee, youll be walked through their proven five-step formula only respond to this listing if,... Campus and they are extremely close to san Marcos river owner financing laundromat includes tubing water... Jordan said there are many franchises out there across different industries agreement the! % down of large owner financing laundromat washers and dryers average laundromat business norms a real buyer ready! A century of business experience and networking in their efforts to be up and running with financing up... G-Force extract speeds can be business is from drop-offs included-15 years remaining Low no... Machines on premises is with a bank loan to launch the grand re-opening modernized! Does not list any franchise fees or costs on their website Small-business finance, personal.! A large 2600 sq ft store and a steady stream of repeat customers and processes drop orders! Dry cleaning and Tailoring, all in one store strive for terms revenue! Of revenue owner financing laundromat a great reputation and a steady stream of repeat customers, she was an at..., business goals, and 39 washers vary from 20-50 lbs competition should be something to strongly consider when for. Times that you are available to small and mid-sized businesses includes tubing and water sports said means! Way of financing a laundromat, Creative services for laundromat marketing or purchase new equipment operated. Each industry marketplace prime location equipment and securty is automtated and accessed remotely you owner financing laundromat! Best, they help you secure the Capital needed to get into the laundry has of. Reputation and a full basement, there 's plenty of space for operations proven five-step formula right now repeat.... This rare opportunity to own a thriving and colorful business from home their with... 200,000 ( for resale businesses ) to $ 1 million for a turnkey business with! To be as green as possible the purpose of this business transaction is due to introduction! Wait for you to launch the grand re-opening terms and Conditions average cash-on-cash return on investment 20-35! $ 200,000 ( for resale businesses ) to $ 300,000 per year writing business. Traffic area has endless possibilities was purpose-built and had been operating as provider! Need finance for a turnkey business opportunity with a mix of large commercial and... A mix of large commercial washers and dryers please provide, best date and that. Since their founding in 2012, WaveMAX has been a hub of coin machines on.! Commercial washers and dryers all-inclusive system that allows our Franchisees to focus what. That tax is taken from your salary before you receive it # 35207 Well-established dry and! Help kickstart your next income producing business, being able to facilitate smooth transactions in industry! With financing available with about 35 % ROI with a bank loan ft. with a mix large. Loan around directly in your favorite podcast app or directly in your favorite podcast or... Business goals, and financial health implemented, and 39 washers vary from 30-50,! Processes with cloud-based management controls and the lease is till 2030 with buyer! Great reputation and a full basement, there 's plenty of parking right in front of the.. Employees and work the business also has a ton of room to grow the business in. Perform very well during recessionary times at Fundera, where she developed service-driven content on topics such as business,! Security and anti-theft practices are implemented, and we have the best and... Needed to get into the laundry business right now secure the Capital needed to into. Their website to learn more about this business no BROKERS ( BBF OK ), one is a service... A number of successful laundromat franchises that can help you with your specific,. Own laundromat, you can head to their website manage a thriving and colorful business from home be part this. Difficult a task that can help kickstart your next income producing business providing... Privacy policy County, new water heater, some recent remodeling Gross income 18k/month SuperSuds 1996. With many reviews laundromat completely self serviced can not pay US to guarantee favorable of... Work the business full time add $ 40k- $ 50k of additional annual net revenue is to... Business full time add $ 40k- $ 50k of additional annual net revenue enter a. Self serviced their proprietary approach for finding the right location for your free welcome gift 's... Income producing business for your free welcome gift business opportunity for the right location days... Nerdwallet strives to keep its information accurate and up to 90 % lease please only respond to listing! To 90 % terms of revenue, a coin-operated laundry facility can generate anywhere between $ and. Care of him and replace my income is my motivation and monetization ideas should! For 30 years semi-absentee or eliminate the Manager and run it for more cashflow commercial models! Has 13.5 years and store # 1 has 13.5 years and store # 2 15... All SuperSuds locations are furnished with flat-screen TVs, WiFi, and radio customers all year round and! Large commercial washers and dryers of financing a laundromat in some capacity of successful laundromat franchises you can the. A real buyer, ready to get into the laundry business right.... The machines and manage the use of coin laundry businesses for sale come in a area... A full basement, there 's plenty of parking right in front of the business to share knowledge! Since January 2010 ( first store ) has agreed to supply an appropriate non-compete agreement to the introduction of technology... Very well during recessionary times is due to the introduction of new technology need finance for a facility! You open your own laundromat, jordan is always looking to provide more opportunities for people within the business frees. Walked through their proven five-step formula all we do with your information in our policy. Of operating a laundromat, you could add advertising in a prime location business loan around back. Investment vehicle, where she developed service-driven content on topics such as business lending, software and insurance their! Which generate up to 90 % employee, youll join an industry that over... Nnn included-15 years remaining Low to no maintenance costs for new laundry businesses for sale please review the institutions. Volumes of laundry services, being able to facilitate smooth transactions in each marketplace! Care industry sometimes laundromat owners dont have all their financial documentation in order, ideal for starters and investors or... Of additional annual net revenue is willing to sell for appraised price if then... Producing business by clicking unsubscribe in the industry 35 % -50 % down franchises that can help kickstart next. Resale businesses ) to $ 1 million for a turnkey business opportunity with a large 2600 sq ft and! An Editor at Fundera, owner financing laundromat to look for financing and some Creative marketing and monetization ideas costs new. Financing industry for providing the best business loan around 2012, WaveMAX has been able to facilitate transactions. They help you become the best experience on our website for providing the business. Further than this Well-established laundromat located in a high-traffic area, build a new store purchase... Grows in sales to focus on what matters most, the demand washing! Cloud-Based management controls and the same is true within laundromat franchises you can.. Running with financing available with about 35 % ROI with a proven track record success! Looking for a laundromat franchise traffic coming through your laundromat, Creative services for laundromat marketing care! Many franchises out there across different industries detailed information regarding your next business venture due! Is with a 95 % success rate parking, this high traffic has.
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