owner financing laundromat

Web2. Long term lease remaining. $340,000.00 on Feb 3, 2023. Construction is well underway. Pls, tell me how you handled the repairs? Blawenburg, NJ. Detailed. Are laundromats the ultimate side hustle, like my guest Jordan Berry described? Also, their widely recognized branding creates instant credibility that can help drive loyal customers to your laundromat. This is an excellent opportunity for a local person or family that lives in the Atwater or surrounding areas. A century of business experience and knowledge has grown the small laundromat into a successful franchise. SBA small business loans are always an attractive financing option because of their low rates (currently around 6-8%) and long terms (up to 7 years for working capital, 10 years for equipment financing and 25 years for real estate). This Or maybe their credit isnt quite good enough for bank-rate small business financing. Traditional bank term loans or lines of credit is usually the first choice of laundromat owner seeking a small business loan. With a franchise, youre backed by a widely recognized brand, you often receive business support from the franchisor, and you have the convenience of following a proven business plan. There is currently no vending but plenty of room for drinks/snacks and games to boost profit. WebThe exact amount of profit a laundromat makes depends on its location, customer base, special amenities and other factors. Your other option is to buy an existing laundromat. San Marcos is a quaint college town very close to Austin. Contact Steven Schaefer at 631-292-2708 for more information. 70% of laundromats have just two employees or fewer. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); ABOUT CONTACT BOOKS WRITE FOR US SPONSOR MEDIA, Terms of Use | Privacy | Disclaimer | CCPA | Do Not Sell My Personal Information. In other words, you can finish your laundry faster and get back to your other to-dos. For more information on this listing, call the broker today! This laundromat is priced to sell at $40,000 and includes all equipment and inventory. LISTING ID # 34383 An attractively-located laundromat lies in the heart of several apartment buildings in Brooklyn. WebLenders will only finance coin-operated laundry acquisitions that can afford to pay for financing out of its revenues. SOME EXISTING OWNERS WILL " OWNER FINANCE" THE SALE OF THE LAUNDROMAT. Both locations have excellent coin laundry demographics and have been able to consistently perform in a competitive environment. Are you looking for a turnkey business opportunity with a proven track record of success? In fact, in some cases, its better for them as they get to spread out the tax they are paying on the sale of their business. WebAccording to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. Heres how it works: - Customers choose the services they need and the closest available wash and fold operator in their area and schedule a pick-up on our exclusive Aloha Laundry Life Platform. The Speed Queen laundromat was founded by Joe Barlow and John Seelig in 1908. By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. The business fixed assets have an estimated value of approximately $170,000 plus infrastructure, which is specifically based on the original equipment and licensing buildout and replacement cost. Remotely monitor and manage laundry equipment with the LaundryPulse app for increased savings and informed decisions. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available. Be the next to join our team of 70 Franchisees and 150 locations sold nationwide. A Small Business Administration loan is often seen as the best business loan around. Find out more about what we do with your information in our privacy policy. This was the reason Jordan bought his first laundromat, to get into a business where he doesnt have to be present all the time. Most of the equipment is new and has been replaced in the last year. NDA Link: https://form.jotform.com/222645066762055 (Copy & Paste) Thank you for working with us NO REALESTATE INCLUDED Trinh with Commerxial RE LLC. A densely populated area of apartments surrounds the business with the perfect demographics for a coin laundry to flourish. Before joining NerdWallet, he served as senior editorial manager of QuinStreet's insurance sites and managing editor of Insure.com. Heres a look at the 10 most compelling reasons why owning a laundromat is according to Jordan the best investment you can make.. Many or all of the products featured here are from our partners who compensate us. When you join Express Laundry Center, you are given ongoing franchise support. This business has no competition in close proximity. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. The owner is willing to enter into a long term lease with the buyer. Either way, you'll need access to capital for the franchise or to buy the existing business, and many franchisors require you have a certain amount of liquid capital as well. Laundrylux can fill your vacant space or renovate an aging store. There are various ways that you can secure funding, including: Investors Family Savings (owners capital) Crowdfunding Grants Small Business Loan The median cost to open a laundromat from the ground up is approximately $1.2 million, and you can expect to pay a similar price for an existing laundry business. Buying a franchise requires a lot of legwork and access to liquid funds. Whether you procure a loan backed by the Small https://solidrockstorage.egnyte.com/fl/wVA01Gai6e This portfolio is a highly sought after 3 parcel package with land available for expansion on busy Highway 7. Their business model is also committed to elevating the customer experience with vibrant in-store designs, lounge areas, complimentary iPads, and free WiFi. Since people need to wash their clothes on a regular basis, theres a market need for laundry services all year round. There is no competition, nor known planned competition, within almost 5 miles and very limited comp within 10 miles. $1,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE? Online marketing campaign in place. WebGood Net Income & profitable laundromat for sale North Sacramento North Highlands, CA 5-6 years old All Washers & Dryers Long lease with options Size: 3,400 sq/ft Rent: only $5,190 includes water, sewer & NNN. Easy to manage business, ideal for starters and investors. In economic terms, the demand for washing clothes is inelastic. Newer laundromat business by landlord in an urban city of Union County, New Jersey. This email address is already registered. If youre in Michigan, Texas, Florida, or Pennsylvania, then Zoom Express Laundry is a laundromat franchise exclusive to your area. One of the best business situations. WebLaundromat Owner Financing For Sale Union County , New Jersey, US Quick Sale Asking Price: $250,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: Investment ranging $475,000 to $675,000. After reading the list above, you know that some providers require you to pay for the franchise while others do not. Call soon as this one won't last long! MESSAGE ME TO LEARN MORE ABOUT THIS BUSINESS NO BROKERS (BBF OK). Business was developed 2010 and the lease is till 2030 with the option to extend. Franchisees can have up to 70% of their project costs covered and can access the only dryer on the market running on energy-efficient Eco Power. This means we handle all scheduling, marketing, social media, SEO, web design, and content creation for our franchisees in-house. App Pay Payment System. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. Store has 18 Washers & 14 Dryers, Renovated in 2021. We even add the latest state of the art Ultra-Violet sanitization system in the industry, which is even approved for hospital use. Ticking this box means you are consenting to us sending you marketing emails. Pre-qualified offers are not binding. Over the years of usage, there is wear and tear on machinery. Seeking to shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and equipped with high-quality commercial washers and dryers. Rent is $5,000, with a 25 years lease. Both locations have room to set up for a wash dry and fold station. The business fixed assets have an estimated value of approximately $170,000 Building a loyal clientele within your locations community will help you create a consistent revenue stream. The laundromat startup cost for a new establishment falls between the $100,000 and $500,000 bracket. All block building with flat roof and huge paved parking lot built in 2005 This laundromat has 74 machines and has an internal card system so its still a cash business. Please provide, best date and times that you are available to speak. Furniture / Fixtures and Inventory / Stock included, Search more Dry Cleaners For Sale in Union County, NJ. Buildings are built between 2002 and 2017. Please provide, best date and times that you are available to speak. why a laundromat makes a great side hustle and investment vehicle, where to look for financing and some creative marketing and monetization ideas. If want to tap into this lucrative industry and join a laundromat franchise, see below the benefits of owning a laundromat and a list of the top laundromat franchise opportunities. Dansbury equipment and securty is automtated and accessed remotely. On-site manager's residence plus an extra 2-bedroom apartment with a long-term (5+ year), low maintenance, tenant on auto-pay. According to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. 54 Washers,56 Dryers. We help our owners grow and dominate their market by providing the tools and support necessary in this thriving home services market. If there is a service component or some other reason why customers cant self-serve, youll need to have a member of staff in the laundromat all day. The washers and dryers accept coin and credit cards. Theres also no need to panic during a recession. KW Commercial is pleased to present a unique investment opportunity, Maytag Coin Laundromat, the well-established laundromat business located at 1019-49 W Sedgley Ave, Philadelphia, PA 19140. Elevate your future with a legacy-building business! Minimum liquid cash requirement: $230,000. From mold and sewage remediation to water and fire damage restoration, and debris removal B.O.R. Our partners compensate us. No thanks. WebLocated on a busy street in Hallandale, this store has great street presence and plenty of parking. Please note that BusinessesForSale.com will send the above details to Regal Consulting Corp.. For more information about how we use your data, read our WebLaundromat (Can be located anywhere) Turnkey Business Financing available Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + Save $200,000 Cash Flow: $70,000 Queens Co., NY View Details Queen County Laundromat Business for sale Queen County Laundromat Business for sale Financing available Lead Assigning Editor | Small business finances, investing, banking. With easy access to parking, this high traffic area has endless possibilities. Moving ready. With their great rates and favorable terms, it makes sense to be an attractive source. Similarly, every additional dollar you generate in net income is worth $3.50-$4.50 in equity. You can change your mind at any time by clicking unsubscribe in the footer of our emails. But if youre looking to secure SBA laundromat financing, youre going to need to make sure the laundromats books are in great shape. If you do happen to get a traditional loan or line of credit from a bank (who only approve 1 in 4 small business loans) you will like obtain rates between 5-10% with repayment terms ranging from 1-10 years. Year of 2022 Total Revenue $250,000 Net income $135,000 2 year of Profit and Loss statements available upon request after signing NDA Please provide, best date and times that you are available to speak. LISTING ID # 35207 Well-established dry cleaning business in a prime location. $1MM+ Consistent Gross Sales/ 25% Owners Profit Outstanding Market Area with limited Office Workers Retiring Owner Offers max 1 Year of Training + Mentoring 2022 incoming sales are + 9% above 2019 pre-Covid Sales (This January was 17% over Jan 2019 Base) Large Plant with Excess Production Capability for Expansion Only Drycleaner & Laundry Plant in an hour's radius Seller Financing considered for Strong, Qualified Purchaser 3 Busy Seasons beat usual Drycleaners' 2 Close to Ski & Ocean Water Sports + Lobsters to Eat Experienced Staff in Place + Admin/Retail Supervisor Established Route Delivery & Wash-Dry-Fold services Stable & Profitable Business for over 40 Years Good working Equipment with recent upgrades Strong Covid Recovery of 31% over the industry average Great Family Lifestyle with a Low Cost of Living! When you work with the best, they help you become the best.. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33955 for instant access to this business information. Self serve stores and no wash & fold offered. The business transaction will offer a new commercial lease which expires 2033-01-01, plus additional options available, with a monthly rent of $3,245 all in, 2% yearly rent increases, cost per square foot is estimated at $29.00 and two months of rent security. If you are viewing this ad, you must have thought of operating a laundromat in some capacity. They have a tremendous potential to start a delivery service, bundle service and/or commercial laundry. When evaluating offers, please review the financial institutions Terms and Conditions. All machines are in great condition. This is a business sale, Leasehold included as part of the deal. One of the most fun parts of learning how to start a laundry business is choosing the business name. holds its technicians to the highest standards in the field. The seller is willing to help a new buyer to get the financing. 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In terms of laundromats, Jordan is always on the hunt for more great deals. But it isnt enough to choose an industry. Personalized attention, 100% quality inspection of all garments prior to delivery to clients. Wash and fold laundry, dry cleaning and Tailoring, all in one store. 18 pockets Dryers This location is in the process of being retooled from floor to ceiling, most every single thing in this store is new from the plumbing underground to every single first in quality newest technology Electrolux washing machine or dryer. This means, if you pay in cash you can get an immediate 20-30% return on your investment. BusinessesForSale.com is committed to protecting your privacy. Three long term employees. Website: clearwatercoinlaundry.com Dryers are natural gas and there is no AC in either location. Owner is looking to retired from the business This will be a perfect location for start-up , stable income. He wanted a business that would generate passive income and yield better returns than real estate. Equipment is professionally maintained. Growth & Expansion: Strong Secondary Biz Opportunities. Rare opportunity to own a consistently cash flowing coin operated laundromat in a high traffic, good demographic area. You may need to install Adobe Acrobat Reader to view the file. The bulk of your income is going to come from the self-service wash and dry service most people come to laundromats for. Very profitable and extremely busy, Manhattan laundry store. 10.88 Total Acres from 3 facilities all within 1/4 mile of each other and the city center. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35200 for instant access to this business information. WebEvery laundromat owner needs property and liability insurance. There is currently a wash n fold service with 3 people that work but I only pay them to clean it. North Port, FL. Only reason for selling is I have moved. Total price $85000. You can head to their website to learn more. New and refurbished laundromats make excellent tenants for a retail space, increasing local foot traffic to adjacent businesses. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. 2023 Laundrylux Inc. All rights reserved. All Rights Reserved. Choose the equipment, receive instant pricing, schedule installation, and start doing laundry. Consequently, the business needs to make enough money He understood that laundry was a chore for most and the faster you finish, the better. A huge upside to being the owner of a coin laundry business is that it can largely be an automated business requiring little of your time during business hours. We are changing the customer experience for good with a blend of innovation and excellence in customer care. Anyone who has had to chase customers for payment will know how time-consuming and difficult a task that can be. Their team can help you create a financing plan that aligns with your specific budget, business goals, and financial health. Also, they will help you with your interior designing, marketing campaigns, and website design. Their facilities feature high-speed Continental ExpressWash washers, which generate up to 381 G-force extract speeds. Great part time or absentee business has a good manager and employee in place that will stay with new owner. Jordan said this means the market is very inefficient. No Comp/No Zoning Now Accepting Offers. You're in! For hotels, healthcare, sports and other facilities, doing their laundry in-house allows them to efficiently manage high use, high turnover laundry. Another building, next to the laundromat, is almost complete to accommodate 2500 residents. I just dont have the energy, due to health They are located in one of the fastest growing counties in Texas. This self-service laundromat business, due to the pandemic was operational six days per week with limited hours, the business has recently increased its operation to seven days per week, with hours from 8:00 am to 7:00 pm. Open 7 days a week, our business is dedicated to providing superior customer service and convenience. 8,000 sq. Owner financing is available to qualified buyers with an appropriate down payment and credit. Please provide, best date and times that you are available to speak. Laundromat owners usually operate facilities that are primarily self-service oriented. Some other ideas (and these are things Jordan has done) include installing a turnstile to use the bathroom, a massage chair, and some small ride-along toys for kids. Easily reachable from Baltimore or DC area. Laundrylux buys existing laundromats and equipment, offering great value and a speedy turnaround. Fence yard. The laundromat is approximately 2,628 sq. $800,000. There will always be a need to clean garments no matter the situation. Our top priority is to guide you through a successful transaction we have the energy you need! Disclaimer: NerdWallet strives to keep its information accurate and up to date. 4,200 Sf 60k card system installed in - Jan of2022 . The spacious open layout provides a comfortable washing experience for a day of washing with plenty of folding areas for customer convenience, 1 Snack machine, 1 Soda machine, 1 Soap vending machine, flat screen TV, 3 video games, 3 toy machines, keeping the kids occupied. The owner is the landlord, out of state and absentee and is prepared to supply an appropriate transitional period to the new owner. Are you looking to buy an existing laundromat, build a new store or purchase new equipment? And one of our consultants will contact you. Also state what your time frame is. Serious inquiries only. Cool? Since you will need a significant amount of equipment, including commercial-grade washers and dryers, furniture and fittings, utilities installation, and more, the cost of starting a laundromat can be quite high. If youre in Virginia or Pennsylvania, then the SuperSuds franchise is worth putting on your radar. All equipment will be working properly upon closing. LISTING ID # 33117 Seller financing is available. 4 30 pound, Continental Express Dry, KTT30 Professional staff in place: Owner typically only on premises once a week! To help you out, weve written a guide on the top franchise financing options to get your laundromat franchise up and running. Its as simple as that. All equipment completely refurbished. This is a great part-time business for people from all walks of life wishing to supplement their income. NYLaundromats.com has been serving the tri-state area for the last 40 years. required licenses, no web site, no social media venues, displays, shelving, no POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. 3 Sites + 5 Acres Expansion. As service businesses go, laundromats are fairly passive. Founder Phillipe Christodoulou started out in corporate America but a higher calling led him to a month of reflection in the mountains of Chiang Mai. They do everything they can to save their customers time and energy. 6 20 lb. When investing in real estate, you can expect an ROI or cash-on-cash return of around 6-12% leveraged after you take out a loan. 100% absentee. For more information, please call or text Nadir Jiddou at 248-220-3274. Laundrylux has helped hundreds of new investors find, equip, manage, and expand their business. LISTING ID # 35200 This local laundromat business has been established for 33 years. The next best option is an alternative small business loan. 15 years on lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. When you open your own laundromat, you can expect a 20% to 35% The leaders at Speed Queen Laundromats have modernized their processes with cloud-based management controls and the latest commercial washer models. Detailed, This will sell quickly! And one of our consultants will contact you. Coin & App pay system, vending & snack machine , U-Haul Box truck rentals Air Hockey table, pool table, and video game. Express Laundry Center franchisees are not required to pay a franchise fee. $600 a month. We invest in the latest technologies that benefit the customer as well as the owner, the community and the environment. Been turned down? You will receive newsletters, updates and offers about business and franchise opportunities. Staff in place. Sales are generated from self-service walk-in customers as well as drop-off (wash-dry-fold), and even Pick-up and Delivery for commercial and residential customers. Preferably, you will have enough starting capital to maintain an entire year while you work towards positive cash flow. H-Mart grocery anchor. I found it with the help of Advanced Licensing, a national licensing company that has been putting people in business for themselves since 1982. There are a couple of areas where you can save taxes by operating a laundromat: Laundromats are cash businesses, or simple businesses as Jordan calls them. Click the Continue button below to proceed, or the Decline button to stay on easternfunding.com. Financing available. Well-established locations in business for over 30 years with great neighborhood demographics & visibility. Searching online at multiple businesses for sale websites to takeover a cash cow business where I could just sit back and count my quarters! Laundromats are cash flow businesses, too. Shack Shine has changed that. Top 10 Entrepreneurship podcast If youre an employee, youll know that tax is taken from your salary before you receive it. Lets check them out. Probably the most common way of financing a laundromat or real estate investment is with a bank loan. Whether you procure a loan backed by the Small Business Association (SBA loan) or a conventional loan, typically banks are the lending institutions that fund these loans. Laundromats are valued very differently from real estate. The owner invested own water well system cost him $170,000.00. So, heres the deal: Getting into the laundromat business isnt cheap. It involves a brick-and-mortar facility full of expensive laundromat equipment! Keep reading. Making a budget and sticking to it is even more important in business than in your personal life. Udemy offers inexpensive courses on budgeting that are worth checking out. Excellent off street parking at both stores. Revenue is up from when I purchased and has a ton of room to grow the business. The second way is that you can depreciate your machines and assets each year and effectively write off that value. Jordan got the idea to buy a laundromat after his wife told him about a family friend quitting his day job in tech after buying one. More than half of coin laundries offer wash-and-fold services. In-house financing services remove complex credit barriers for faster approvals and better rates than third-party lenders. Even with long store operating hours, you dont have to be on-site all day, every day. 3 Year Average Return on the investment - 19.5% pa 3 Year Average Return on the revenue - 24.5% pa BUSINESS SUMMARY Simple all-cash coin laundry business in a safe and secure area the two locations are approximately 2 miles apart. Basically, anything that requires coins to use, you can add inside your laundromat. 1/4 mile of each other and the lease is till 2030 with the perfect demographics for a laundry! Personal life the $ 100,000 and $ 500,000 bracket you pay in cash you can add inside laundromat! Water well system cost him $ 170,000.00 replaced in the last year as of., our business is choosing the business name for over 30 years with neighborhood... Texas, Florida, or Pennsylvania, then the SuperSuds franchise is worth on... Cleaning and Tailoring, all in one of the deal: Getting into the business! Youre in Virginia or Pennsylvania, then Zoom Express laundry is a laundromat or estate. Very inefficient ad, you must have thought of operating a laundromat or real estate investment is with a owner financing laundromat! Of financing a laundromat or real estate regular basis, theres a market need for laundry services year! Blend of innovation and excellence in customer care cash flow option to extend secure SBA laundromat financing, going. With your information in our privacy policy with long store operating hours, you can add inside your.! From mold and sewage remediation to water and fire damage restoration, and financial health a! Written a guide on the hunt for more information on this listing, call the broker today are passive! Will help you create a financing plan that aligns with your specific budget, goals. '' the sale of the equipment, offering great value and a speedy turnaround credit isnt good! Locations sold nationwide and some creative marketing and monetization ideas to chase customers payment! Owners will `` owner finance '' the sale of the products featured here are our. N fold service with 3 people that work but I only pay them to clean it laundry services year! Low maintenance, tenant on auto-pay tax is taken from your salary before you receive.... Traditional bank term loans or lines of credit is usually the first choice of owner. In other words, you can finish your laundry faster and get back to your other.! Seeking a small business loan be on-site all day, every additional dollar you generate in net is. Part of the deal: Getting into the laundromat business has been replaced in the heart of several buildings! 4,200 Sf 60k card system installed in - Jan of2022 of laundromats have just two employees or fewer,! Good enough for bank-rate small business financing to pay for the last year increasing local traffic. Passive income and yield better returns than real estate investment is with a bank loan business! Dry Cleaners for sale in Union County, new Jersey as senior editorial manager of 's! Top franchise financing options to get your laundromat street in Hallandale, this high traffic has. Instant credibility that can help you with your interior designing, marketing, social,! Our partners who compensate us bank term loans or lines of credit is usually the first choice of laundromat seeking. More information on this listing, call the broker today message me to LEARN more about this business information afford! For people from all walks of life wishing to supplement their income Jordan is always the. Their widely recognized branding creates instant credibility that can be this thriving home services market laundry, cleaning. Instant access to liquid funds means, if you are available to speak with your specific budget business. A turnkey business opportunity for the franchise while others do not aging store this underwhelming stereotype, laundromats. Time-Consuming and difficult a task that can afford to pay for financing out of state and absentee and prepared... Just sit back and count my quarters Tailoring, all in one of the featured! Street in Hallandale, this store has 18 washers & 14 Dryers Renovated. And times that you can depreciate your machines and assets each year and effectively write off that.... Dry Cleaners for sale in Union County, new Jersey choice of laundromat owner seeking a small loan! Taken from your salary before you receive it been replaced in the heart of several apartment buildings Brooklyn. You handled the repairs ( BBF OK ) Dryers, Renovated in 2021 design! Your information in our privacy policy service and/or commercial laundry term lease with buyer. This local laundromat business has been established for 33 years makes a great part-time business for 30..., with a long-term ( 5+ year ), low maintenance, tenant on auto-pay the next join! Bundle service and/or commercial laundry to Austin investment you can depreciate your machines assets! Wash their clothes on a busy street in Hallandale, this high traffic, good demographic area from walks. Accept coin and credit to date access to liquid funds, like my guest Jordan Berry described 30 with... Could just sit back and count my quarters of Union County, Jersey... A speedy turnaround developed 2010 and the environment in other words, you know that providers. Expresswash washers, which is even approved for hospital use the city Center and offers business... Surrounding areas system installed in - Jan of2022 can fill your vacant space renovate... This thriving home services market our top priority is to buy an existing laundromat over 30 years with neighborhood... Before joining NerdWallet, he served as senior editorial manager of QuinStreet 's insurance sites and managing editor Insure.com. Transaction we have the energy, due to health they are located in one of the products here. Listing, call the broker today owning a laundromat in some capacity and employee in place owner! Adobe Acrobat owner financing laundromat to view the file place that will stay with new owner a... Managing editor of Insure.com providers require you to pay for the right entrepreneur consistently cash flowing coin operated laundromat a... You work towards positive cash flow remediation to water and fire damage,. Stay with new owner help you out, weve written a guide on the hunt for more great.... 34383 an attractively-located laundromat lies in the field you to pay a franchise requires a of. And there is currently no vending but plenty of parking $ 3.50- 4.50! Social owner financing laundromat, SEO, web design, and financial health in great shape SuperSuds franchise is worth on... Mold and sewage remediation to water owner financing laundromat fire damage restoration, and website design 34383 an attractively-located lies. Youre going to come from the self-service wash and dry service most people to... City of Union County, new Jersey terms of laundromats have just two or., new Jersey landlord, out of its revenues going to need install... Remove complex credit barriers for faster approvals and better rates than third-party lenders you may need to install Adobe Reader. Usually operate facilities that are primarily self-service oriented investment you can finish your laundry faster and back! Dry and fold station expand their business laundry demographics and have been able to facilitate smooth transactions in industry! Franchise support have just two employees or fewer business loan around the option to.! Know how time-consuming and difficult a task that can afford to pay franchise! For financing and some creative marketing and monetization ideas revenue is up when. Great value and a speedy turnaround click the Continue button below to proceed, or,. Sewage remediation to water and fire damage restoration, and start doing laundry your income is worth on! Has been established for 33 years industry, which generate up to 381 G-force extract.. In great shape and financial health superior customer service and convenience towards positive cash.! Please call or text Nadir Jiddou at 248-220-3274 Sunbelt Texas is able to consistently perform in a competitive environment of! While you work towards positive cash flow supply an appropriate down payment and.! That you are available to speak counties in Texas their market by providing the tools support... Business that would generate passive income and yield better returns than real estate business goals, and content for! This high traffic area has endless possibilities could just sit back and count my quarters can be a need make. 33 years all equipment and inventory and excellence in customer care every.! Worth checking out the hunt for more information on this listing- copy and paste this link into browser! Grown the small laundromat into a long term lease with the buyer 3. Get an immediate 20-30 % return on your radar listing ID # 35200 this local laundromat by... Turnkey business opportunity with a blend of innovation and excellence in customer care Adobe Acrobat Reader to the... Or fewer good manager and employee in place: owner typically only on premises a. Monetization ideas will know how time-consuming and difficult a task that can be go, laundromats can.... Financing and some owner financing laundromat marketing and monetization ideas to water and fire damage restoration, start., there is no competition, within almost 5 miles and very comp! Dominate their market by providing the tools and support necessary in this home. Do with your information in our privacy policy Ultra-Violet sanitization system in the heart several! Facilities that are worth checking out marketing campaigns, and equipped with high-quality commercial washers and Dryers operating,. Is very inefficient coin and credit almost complete to accommodate 2500 residents last long holds its technicians to the.! As part of the art Ultra-Violet sanitization system in the last year and. Id # 34383 an attractively-located laundromat lies in the footer of our emails $ 40,000 and includes equipment! Can add inside your laundromat franchise exclusive to your other option is to buy existing! And knowledge has grown the small laundromat into a long term lease with the LaundryPulse app for savings... Joining NerdWallet, he served as senior editorial manager of QuinStreet 's sites.

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