Everyone needs to do laundry! with over 1,100 5-star ratings! The second way is that you can depreciate your machines and assets each year and effectively write off that value. I'll also send you my free guide: The 5 Fastest Ways to Make More Money. Easily reachable from Baltimore or DC area. Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. Seller Financing. But generally speaking, most laundromats have an average return on investment (ROI) of 20 to 35 percent. The store has 17 Washers + 20 Dryers all Huebsh 10 yrs. When you think of having your windows, and gutters cleaned, driveway power washed, or Christmas Lights installed were willing to bet you cant think of a household name. You can set the doors to open automatically in the morning, then customers go full self-service with the machines. Lauderdale Lakes Laundry for Status: New. Zoom Express Laundry breaks away from the traditional coin-operated payment systemtheir laundry machines now accept cards and mobile payments. Includes regular commercial clients. A laundromat is a self-service business. Drop off Dry Cleaning. There is currently a wash n fold service with 3 people that work but I only pay them to clean it. Two coin laundromats in prime locations close to each other in Seattle area. - The wash, dry, and fold operator will pick up the laundry at the customers location. This is largely due to the continuous demand for clean clothes. 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. ft. with the same size of the basement. What Competition? You may need to install Adobe Acrobat Reader to view the file. Surrounded by residential skyscrapers! Easy to manage business, ideal for starters and investors. This will not last. why a laundromat makes a great side hustle and investment vehicle, where to look for financing and some creative marketing and monetization ideas. BusinessesForSale.com is the world's most popular website for buying or selling a business. Sunbelt Texas Business Brokers is a business brokerage firm specializing in buying and selling privately held businesses in Texas. The laundry has plenty of parking right in front of the business. Eastern Funding offers financing that enables operators to run their multi-housing/route business on a large scale. As an Aloha Laundry Life Master Licensee, you will NOT have to wash any laundry. In other words, you can finish your laundry faster and get back to your other to-dos. There is no limit the number of successful laundromat franchises you can own. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35207 for instant access to this business information. Maytag Commercial Laundry also partners with Eastern Funding to help you secure the capital needed to get your laundromat up and running. Franchisees should have $200,000 available in liquid capital and will need to pay a $49,950 franchise fee. The washers and dryers accept credit cards or coins. Minimum liquid cash requirement: $230,000. 4 55 lb. 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. WebBrowse 43 Laundromats and Coin Laundry Businesses currently for sale in Florida on BizBuySell. Being that laundromats are an all cash business, sometimes laundromat owners dont have all their financial documentation in order. Our partners compensate us. WebLaundromat & Dry Cleaning Drop Store. 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. According to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. Great part time or absentee business has a good manager and employee in place that will stay with new owner. Wash Dry Fold Service can be added. 3rd party financing available with about 35%-50% down. App Pay Payment System. There are a couple of areas where you can save taxes by operating a laundromat: Laundromats are cash businesses, or simple businesses as Jordan calls them. It provides wash & fold service plus vending machine income. WebOwner Financing, Absentee laundry Contact Seller. All financial products, shopping products and services are presented without warranty. Our strategic real estate services help laundromat owners buy and sell, and landlords find new businesses to increase foot traffic. We invest in the latest technologies that benefit the customer as well as the owner, the community and the environment. WebSpeed Queens in-house financing could allow you to be up and running with financing available up to 90%. 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. as a provider of laundry services, being able to handle large volumes of laundry quickly and to client specifications is essential. WebPartial owner financing. Another building, next to the laundromat, is almost complete to accommodate 2500 residents. We offer financing for any capacity and number of on-premise laundry equipment; from a simple washer extractor and dryer setup for a gym to industrial washers and folding systems for large hospitals and hotels. 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. A century of business experience and knowledge has grown the small laundromat into a successful franchise. MESSAGE ME TO LEARN MORE ABOUT THIS BUSINESS NO BROKERS (BBF OK). 10.88 Total Acres from 3 facilities all within 1/4 mile of each other and the city center. We even add the latest state of the art Ultra-Violet sanitization system in the industry, which is even approved for hospital use. This is a great part-time business for people from all walks of life wishing to supplement their income. Proximity Northside 45 North and beltway 8. The washers and dryers accept coin and credit cards. For more information on this listing, call the broker today! Are you looking for a turnkey business opportunity with a proven track record of success? 6,000 sq. The reason we are selling is multiple sclerosis. The business fixed assets have an estimated value of approximately $170,000 plus infrastructure, which is specifically based on the original equipment and licensing buildout and replacement cost. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options. They are close to the campus and they are extremely close to San Marcos river which includes tubing and water sports. Please provide, best date and times that you are available to speak. Obviously, there is some risk involved on their side. View Similar Listings. Together, Aloha Laundry Life was born! - PT, Founder Aloha Laundry Life offers a business model to suit various interests and lifestyles. 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. - The operator proceeds to a nearby Laundromat of their choice to wash, dry, and fold the customers laundry. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Businesses are largely unattended and open 24 hours a day there is a casual worker that does cleanup on a daily basis for a nominal amount. 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. By clicking the Download button below, you will begin downloading a PDF file. They also offer complimentary WiFi to customers waiting for their laundry to finish. You can head to their website to learn more about becoming a franchisee. 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. Are you convinced that the laundromat industry is right for you? 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. 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. We will also send you information about related business and franchise events. 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. 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. 4 30 pound, Continental Express Dry, KTT30 I searched for a better way to be part of this multi-billion dollar industry. WebOwner financing is available to qualified buyers with an appropriate down payment and credit. Our opinions are our own. Zoom Express equips their laundromats with sophisticated commercial washers and dryers that are more efficient at extracting water from wet clothes. With a strong reputation and steady income, this laundromat is a great investment opportunity. We help our owners grow and dominate their market by providing the tools and support necessary in this thriving home services market. This is something to factor into the cash flow if the previous owner was doing this themselves and you now need to hire someone. The potential to scale this business is endless. If you're looking for a laundromat business, don't let this opportunity pass you by! BusinessesForSale.com is committed to protecting your privacy. 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