Newly Built $1.5M Laundromat – Multiple Revenue Streams, Huge Upside Thumb Image #1
Newly Built $1.5M Laundromat – Multiple Revenue Streams, Huge Upside Thumb Image #2
Newly Built $1.5M Laundromat – Multiple Revenue Streams, Huge Upside Thumb Image #3

Description

I will send detailed P&L to only the serious buyers. Investment Details • Asking: $300,000 (firm, please respect that). As a reference, for a new laundromat, the bank (Alliance or Eastern) asks for 35% down payment, which will be ~$500K. That is the amount we have paid for this store and our new build stores in Stone Mountain, GA. This is a bargain price. • Cash buyers preferred, owner financing available after $150K down and remain at 7% interest and 5 years term. • Buyer receives 50% ownership of a $1.5M laundromat. • Buyer has no responsibility for default on loan or rents—those remain with the other partner. The lease and loan are in the name of the other partner. Unique opportunity to step into the laundry business. Key Points 1. Cash Positive by Year-End – The store is projected to be cash flow positive by the end of this year. Store opened doors August of 2024. 2. Near Break-Even – We are very close to breaking even. With a few simple initiatives, profitability can be accelerated. I have highlighted 5 strong ideas below. 3. New Equipment – All machines are less than one year old and still under warranty. 4. Potential Loan Savings – The Fed has hinted at lowering interest rates. If this occurs in September, loan payments will decrease, further accelerating break-even. 5. Depreciate the equipment and save thousands on taxes. As per the new Tax Bill (The Big Beautiful Tax Bill) you can use accelerated depreciation and save thousands on taxes. Ideas to expedite the break even. • Community Marketing – Door-to-door campaigns with bilingual materials will connect better with the largely Hispanic community than online ads. Majority, if not all customers use Metro PCS phones, Facebook and Google Ads are not the right marketing mix. • Sublease Option – Subleasing a portion of the space (barber, insurance office, etc.) could add up to $2,500/month in revenue. It is a 4500+ sq ft store and a lot of it is just empty. • Customer Appreciation Event – A 1-year anniversary taco truck weekend would be a strong community draw and help retain customers. The store needs one big hurrah to push to positive. • Commercial Accounts – I personally secured a $3,800/month memory care facility. Just 2–3 more similar accounts would transform the revenue base. • Rent Adjustment – 1 existing existing sublease currently pays $2,100/month for their subleased office and machine use. Increasing this to $3,000/month is feasible at 1 year anniversary that will boost the bottom line. Store Details • 41 Speed Queen Quantum Touch Washers • 45 Speed Queen Quantum Touch Dryers • Hybrid machines (accept coins, cash, card; can start at the machine, via app, or payment center) Services & Revenue Streams • Self-Service Laundry • Wash, Dry, Fold (Drop-Off) • Dry Cleaning Drop-Off • Soap Counter Sales • Vending Machine Sales • ATM • Coin-Operated Amusement Machines (GA Lottery) • Claw Machines • Massage Chairs This is a strong investment with immediate upside and minimal risk exposure. We will cross post on BizBuySell and LoopNet. Thanks
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Financials

$30,000
Call for Details

Equipment Assets

Number Of Washers
41
Number Of Dryers
45
Ancillary Equipment
• Soap Counter Sales • Vending Machine Sales • ATM • Coin-Operated Amusement Machines (GA Lottery) • Claw Machines • Massage Chairs

Lease Details

Rent Amount
$8,458
Lease Expires At
2026
Lease Options Available
2 terms for 5 years
Square Footage
4500

Business Operations

Hours Of Operation
7 am till 1 am
Number Of Employees
4
Payment System
Cents
Security System
ADT

Listing Disclaimer: The information on this listing has been provided by either the seller or thier business broker. Niche Media owner of LaundromatForSale.com has not verified any of the information on this page and assumes no responsibility for its accuracy or completeness. Interested parties are encouraged to contact the seller and/or the seller’s broker directly to conduct their own independent verification of this information.

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