A Practical Guide to Purchasing a Laundromat Business

The decision to purchase a laundromat business encompasses a multitude of factors that require careful consideration. This article aims to provide a structured guide to assist potential buyers in navigating the complexities of acquiring a coin-operated laundry service.

Acquiring a laundromat involves evaluating its operational efficiency, location, and financial performance. Buyers should analyze the existing customer base, equipment condition, and any existing contracts. It's crucial to examine the market trends, competition, and potential for growth within the community. Additionally, understanding the regulatory environment and maintenance requirements can help in making a well-rounded decision. Due diligence is paramount to uncover any hidden costs or liabilities that could affect the investment's value.

Laundromat in Los Angeles

This business listing is for a laundromat located in Los Angeles. The laundromat is currently active and available for sale. For more information, you can visit the website www.bizquest.com/business-for-sale/laundromat-in-los-angeles/BW2137357.html. Additionally, you can contact the business broker ...

Location

United States

Price

$588,000

Revenue

$408,000

Cashflow

$107,880

EBITDA

SDE

Urban Laundromat

Urban Laundromat is a business located in New Jersey (NJ). It was established in 1980 and has been in business for 43 years. For further information, please contact 908-851-9040 Ext.265.

Location

United States

Price

$80,000

Revenue

$149,800

Cashflow

EBITDA

SDE

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

Multiple Laundromats

Two laundromats for sale, one with real property and the other with a great lease in place. Very little owner involvement, allowing for hands-on or hands-off operation. All equipment is in good working order. Consistent revenue growth, good cash flow, and steady employees. Seller will include a $500...

Location

United States

Price

$575,000

Revenue

Cashflow

$180,000

EBITDA

SDE

Opportunity Laundromat

This business is called Opportunity Laundromat. It is located in Essex County, New Jersey. The laundromat is situated in a 1,750 sq. ft. facility with street parking available. It has been established for over 50 years and is open 7 days a week. There are no competitors in the area. The laundromat i...

Location

United States

Price

$90,000

Revenue

$65,000

Cashflow

$13,832

EBITDA

SDE

$13,832

Purchasing a laundromat is a strategic decision that demands meticulous attention to detail and comprehensive research. By taking into account the various factors outlined in this guide, prospective buyers can approach the acquisition process with confidence and clarity.