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.

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

Laundromat For Sale

This is a listing for a laundromat business that has been established for 8 years. The laundromat is located in Bronx, NY. It has 22 dryers and 21 washers. The inventory is included in the asking price. The business is home-based and has 2 employees. The reason for selling is retirement. The busines...

Location

United States

Price

$300,000

Revenue

$220,560

Cashflow

$123,132

EBITDA

SDE

Laundromat in Midtown

This business is a laundromat located in a great location in midtown. The owner has been running this business for 20 years but is now too busy with other ventures to give it their complete attention. An owner-operator can expect to recoup their investment in just 2 years. The laundromat is equipped...

Location

United States

Price

$450,000

Revenue

$490,000

Cashflow

EBITDA

SDE

Coin Laundry with a tenant and real estate for sale

This business listing offers a great opportunity to acquire a coin laundry business with a tenant and real estate. The building size is approximately 6,000 square feet, with the laundry occupying about 4,000 square feet. The remaining 2,000 square feet is rented to a tenant. The business is located ...

Location

United States

Price

$1,700,000

Revenue

Cashflow

EBITDA

SDE

Manhattan Laundromat

Manhattan Laundromat is a business located in Manhattan, New York (NY). It has been established since 1999 and has been in business for 24 years. The laundromat is completely absentee and has brand new equipment with a complete warranty on all machines. It is situated in an area with a high concentr...

Location

United States

Price

$650,000

Revenue

$650,000

Cashflow

EBITDA

SDE

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.