Freestanding High-Income Laundromat with Owned Real Estate and Turnkey Staff
Business Overview
This laundromat offers a compelling presence within a densely populated urban trade area, benefitting from excellent visibility along a major thoroughfare and convenient on-site parking. Since its establishment in 2018, the business has cultivated steady local demand, supported by a mix of modern equipment and diversified revenue streams. Occupying a significant footprint, this freestanding property not only provides operational stability with existing staff in place but also includes underlying real estate ownership, a factor that can contribute to long-term asset appreciation. Its location serves a community with a median household income above average, offering room for continued service enhancement and operational efficiencies. The setup supports minimal daily oversight, making it particularly suitable for investors seeking income with low management involvement while delivering scalability opportunities for owner-operators interested in expanding services or optimizing equipment utilization.
Facilities & Infrastructure
- 7,046 square feet building size
- 14,700 square feet land area
- Multiple washers: 5 x 20lb, 15 x 30lb, 27 x 40lb, 4 x 60lb, 18 x 80lb
- 86 30lb dryers, 8 75lb dryers
- Snack and soda vending machines
- Bill breakers and changers
- Soap vending machines and water vending machine
- 5 TVs and 35 surveillance cameras
- Massage chairs, game machines, and an ATM
- Ancillary vendor-operated equipment
Property Highlights
- Extensive equipment mix supports high customer throughput
- Freestanding building offers flexibility for operational customization
- Owned real estate enhances investment stability and appreciation potential
- On-site parking facilitates customer access and convenience
Key Business Facts
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Market Insights
Demographics (County)
Economy
Crime & Safety
Growth & Expansion
- Potential to increase revenue through operational efficiency improvements
- Opportunity to expand service offerings and optimize existing equipment
- Ownership of real estate supports long-term investment and expansion plans
Operation & Support
- Seller provides reasonable post-sale training and operational handover
- Includes all necessary licenses and permits for operation
- Turnkey staffed operation allows minimal daily owner involvement
- Owner can negotiate financing options; details to be determined
- Sale motivated by desire to reduce active management commitments
Lifestyle Fit
- Well-suited for investors seeking passive income streams
- Appeals to owner-operators aiming for growth and operational control
- Estimated low oversight required, fewer than 10 hours per week
- Ideal for buyers valuing established management systems for smooth transition
- Fits buyers prioritizing asset stability through combined business and real estate ownership
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