Exploring the Viability of Coin Laundry Businesses for Sale

The coin laundry industry presents a unique opportunity for entrepreneurs looking to enter a market with steady demand. This article examines the critical factors to consider when searching for coin laundry businesses for sale, offering a clear view of the operational dynamics and investment implications.

Coin-operated laundromats have been a mainstay in many communities, providing an essential service for residents who may not have access to in-home laundry facilities. If you're considering purchasing a coin laundry business, it's important to analyze the local market, the condition of the equipment, and the business's financial performance. Understanding the customer base and peak usage times can also inform your decision-making process. Furthermore, exploring the potential for modernization, such as adding digital payment options or eco-friendly machines, can position the business for future growth. Attention to detail in evaluating these aspects will be crucial in determining the viability and potential success of the investment.

Laundromat with Drop Dry Clean

This business is a laundromat with drop dry clean located in Union County, New Jersey (NJ). It was established in 1980 and has been in business for 43 years. The facilities include 20 top loaders, 20 20lb front loaders, 7 large wash machines, 17 double stack dryers, 6 single stack 30lb dryers, a con...

Location

United States

Price

$275,000

Revenue

$247,000

Cashflow

$77,969

EBITDA

SDE

$77,969

Neighborhood Laundromat

Neighborhood Laundromat is located in Hudson County, New Jersey (NJ). It has been in business for 26 years. The laundromat is situated in a heavily safe Hispanic area in North Hudson. The business is family-operated with one employee and two family members. The equipment, including 24 Huebsh washers...

Location

United States

Price

$209,000

Revenue

$175,000

Cashflow

$67,000

EBITDA

SDE

Beautifully Renovated Laundromat

This business is a beautifully renovated laundromat. It was established in 2015 and has been in operation for 8 years. The rent or lease for this business is $2100 per month.

Location

United States

Price

$249,999

Revenue

Cashflow

EBITDA

SDE

Laundromat for Sale

This business listing is for a Laundromat for Sale located in Bergen County, New Jersey (NJ). The business has been established since 1983, with 40 years of experience in the industry. It is currently operating with 1 part-time employee. If you are interested in purchasing this business, you can fin...

Location

United States

Price

$150,000

Revenue

$90,000

Cashflow

$32,492

EBITDA

SDE

$32,492

High Volume Laundromat

Located on Broadway in New York County, New York (NY), this laundromat has been in business since 2002. Despite occupying only 1,500 sq. ft., it operates like a mega-sized volume store. The laundromat charges higher prices per wash based on the size of the washers compared to other laundromats in th...

Location

United States

Price

$760,000

Revenue

$494,000

Cashflow

EBITDA

SDE

Acquiring a coin laundry business requires careful consideration of various operational and financial factors. By thoroughly examining these elements, entrepreneurs can make informed decisions that support their objectives and contribute to the long-term stability of their investment.