The store has 17 Washers + 20 Dryers all Huebsh 10 yrs. 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. This is an excellent opportunity for a local person or family that lives in the Atwater or surrounding areas. washer, Continental EH020 Sometimes these facilities include vending machines that offer detergents, fabric softeners and snacks. 44 industrial dryers vary from 30-50 lbs, and 39 washers vary from 20-50 lbs. When operating a business like a laundromat, however, you can pay expenses before deducting tax. The top laundromat franchise opportunities, 5 reasons to enter the laundromat industry, How to Apply for and Get a Business Loan in 5 Steps, Small-Business Grants: Where to Find Free Money, SBA Loan Overview: Types, Pros and Cons, How to Apply. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. The current owner is willing to provide training and support during the transition period to Wash and fold laundry, dry cleaning and Tailoring, all in one store! The seller's net cash flow, after paying all the expenses, is $275,000 a year. To learn more, complete an inquiry form on their website. Express Laundry Center helps their franchisees gain loyal clientele and consistent revenue with fully equipped laundromats. 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. Everyone needs to do laundry! Has 3 employees 1F/T & 2 P/T. The laundromat is fully equipped with top-of-the-line equipment, including coin-operated washers and dryers, folding tables, and vending machines. Rare opportunity to own a consistently cash flowing coin operated laundromat in a high traffic, good demographic area. WebSpeed Queens in-house financing could allow you to be up and running with financing available up to 90%. The owner invested own water well system cost him $170,000.00. Sunbelt corporate is also the largest business brokerage firm in the world with more than 1,000 business brokers in 150+ offices in the U.S. and worldwide. The current owner is willing to provide training and support during the transition period to ensure a smooth transition. That 1 Painter is a young and vibrant franchise focused on delivering happiness to our customers and unmatched value to our Franchisees. Get started today. This laundromat features 29 washers in varying sizes and 28 dryer pockets in varying sizes to meet customer needs. In terms of revenue, a coin-operated laundry facility can generate anywhere from $15,000 to $300,000 per year. He believes in this model so much that hes put together a team of investors and is looking to buy up larger laundromats and real estate in the future. There has been no advertising done since it opened and I just created a Facebook page. This is a relatively low-maintenance business, so you can hire a few employees to manage the store when youre not around. For more information on this listing, call the broker today! 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 Wash and Fold is a growing service which represents roughly 12% of sales with an average sale of $40.00 per transaction. Call the broker today for more details and to make an offer. 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. Together, Aloha Laundry Life was born! - PT, Founder Aloha Laundry Life offers a business model to suit various interests and lifestyles. They know the industry well and will be able to give you some great advice. This is the one you've been waiting for. Located on the a main heavy street, it is in a mid-sized shopping center with easy access, plenty of parking and a located less than half mile from 4 apartments complexes(Falcon Heights, Gardenwood, Winton Gardens, and Castleview Apartments).Laundromat includes 31 washers, 23 dryers. WebLocal Laundromat In Kings County. Wanting to make the laundromat more enjoyable, all SuperSuds locations are furnished with flat-screen TVs, WiFi, and radio. BusinessesForSale.com is committed to protecting your privacy. $1,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE? People pay you to do their own work! The Speed Queen laundromat was founded by Joe Barlow and John Seelig in 1908. Please contact for more information Susan Hoang - Listing Agent 713 584 9696 (text only). Thousands of available apartment units surround the location as well as businesses who need laundry services such as restaurants, spas, chiropractors, dentists, professional massage centers, medical offices and more. When you open your own laundromat, you can expect a 20% to 35% All equipment, technology and security was upgraded in 2020. 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Self serve stores and no wash & fold offered. 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. GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available to small and mid-sized businesses. When you work with the best, they help you become the best.. Don't miss out on this chance to own a thriving business. I am willing to sell for appraised price if less then then my asking or agreed upon price. Our partners cannot pay us to guarantee favorable reviews of their products or services. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. A densely populated area of apartments surrounds the business with the perfect demographics for a coin laundry to flourish. Jordan said this means the market is very inefficient. Don't miss out on this great opportunity, contact us today to schedule a showing! View Similar Listings. In-house financing services remove complex credit barriers for faster approvals and better rates than third-party lenders. There are a tons of apartment complexes around here. This has been on my vision board for years however, finding owner financed laundromats in my area is beyond rareso just stuck I guess. And one of our consultants will contact you. Owner is looking to retired from the business This will be a perfect location for start-up , stable income. When evaluating offers, please review the financial institutions Terms and Conditions. It provides wash & fold service plus vending machine income. San Marcos is a quaint college town very close to Austin. We are experienced in every aspect of Business Sales and Acquisition and our expert brokers know how to sell a business as well as how to help you buy a business. No third-party financing. Not everyone owns their own house or their own washing machines, so the need to frequent a laundromat is a reality for many Americans. Many laundromat owners find leasing business equipment is the best way to go when financing their machines. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Jordan has been able to achieve both of those things through buying laundromats. DOWN PAYMENTS FOR LAUNDROMATS START AT Has 46 dryers and 31 washing machines. Please provide, best date and times that you are available to speak. People come in to wash or dry their laundry, they load up the machines with quarters, and they pay right there and then upfront. The leader in residential plumbing services. 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. Rated 5 stars by its loyal customers. Owner currently holding right of first refusal to buy store #2 property when property owner decides to sell and property owner very likely to extend the offer to new buyer. There are very few large chains owning dozens or hundreds of them. washer, Continental RMG040 Laundrylux has helped hundreds of new investors find, equip, manage, and expand their business. This led him to found The Eco Laundry Company, where the welfare of the planet and the satisfaction of their customers are at the core of their business philosophy. There is no competition, nor known planned competition, within almost 5 miles and very limited comp within 10 miles. All equipment needed for a successful laundromat is included in the sale. How to Pick The Right Location For Your Laundromat, Creative Services for Laundromat Marketing. Listen in your favorite podcast app or directly in your browser. Call soon as this one won't last long! Click the Continue button below to proceed, or the Decline button to stay on easternfunding.com. Many or all of the products featured here are from our partners who compensate us. Some businesses offer some other services that require labor, like folding clothes. Dansbury equipment and securty is automtated and accessed remotely. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. 4 40 lb. Also state what your time frame is. Obviously, there is some risk involved on their side. With an extensive presence across the country, Best Option Restoration (B.O.R.) WebLenders will only finance coin-operated laundry acquisitions that can afford to pay for financing out of its revenues. 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. The initial franchise fee for The Eco Laundry Company is $30,000 and you can expect an initial investment of at least $230,000. I agree if you, as a owner place in the right location and keep it clean it will make you money. Laundrylux buys existing laundromats and equipment, offering great value and a speedy turnaround. To learn more about this green laundromat and how to franchise with them, visit their website. This is largely due to the continuous demand for clean clothes. 4 55 lb. That 1 Painter, founded in 2011 by CEO Steven Montgomery, is the fastest-growing painting franchise in the nation. Lead Assigning Editor | Small business finances, investing, banking. Are laundromats the ultimate side hustle, like my guest Jordan Berry described? NDA Link: https://form.jotform.com/222645066762055 (Copy & Paste) Thank you for working with us NO REALESTATE INCLUDED Trinh with Commerxial RE LLC. WebCoin Laundry Equipment Financing - Laundry Owners Warehouse Supplies Get Pre-Approved New Equipment Financing Made Simple New Equipment 100% Financing Fixed rates from 4.49% to 7.5% Up to 8 year term Installation & Delivery Included Used Equipment 100% Financing Fixed rates from 7.5% Up to 7 year term Installation & Delivery Included 54 Washers,56 Dryers. Description: An attractively-located laundromat lies in the heart of several apartment 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 registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. 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. I saw your statement. Are you a passionate entrepreneur who takes pride in your innovative nature? as a provider of laundry services, being able to handle large volumes of laundry quickly and to client specifications is essential. All equipment completely refurbished. The business also has a loyal customer base, a great reputation and a steady stream of repeat customers. The monthly lease is $4,625.70 + taxes and other charges. Seller Financing. Theres also no need to panic during a recession. Their franchise fee runs at $39,500. Incredible Investor opportunity available. You may need to install Adobe Acrobat Reader to view the file. Please provide, best date and times that you are available to speak. 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. Construction is well underway. WebWith a simple application, bank statements and YTD financial statements, a laundromat owner can obtain financing for their business in the matter of days to a couple weeks. - The wash, dry, and fold operator will pick up the laundry at the customers location. Jordan said these companies are pretty easy to find by Googling laundromat financing. 26 Dryers: (4) Large (22) Medium *Dryers are stacked- 2 pockets in one dryer Signed NDA and Proof of funds are REQUIRED prior to location visit. If youre in Michigan, Texas, Florida, or Pennsylvania, then Zoom Express Laundry is a laundromat franchise exclusive to your area. Established Neighborhood Laundromat for sale in NJ. In economic terms, the demand for washing clothes is inelastic. These ElectroLux Washers are highly energy efficient, using a fraction of the utilities (water, gas, and electricity) of its predecessors. $340,000.00 on Feb 3, 2023. The first step in deciding you want to open a laundromat franchise is choosing which machine provider you want to work with. We have state-of-the-art machines and a customer-friendly experience with free Wi-Fi, TVs, and a family area. 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. Jordan has a billboard on the side of one of his buildings and some advertising inside that generates income. Equipment is professionally maintained. ** This is two large laundromats for sale separately or together. This sale includes both 1019 & 1049 W Sedgley Ave and 3213 N 11th Street, all furniture, fixtures, and equipment, as well as detailed store performance data available upon request. Many laundromat franchises have these benefits, and more. Also, their widely recognized branding creates instant credibility that can help drive loyal customers to your laundromat. WebLocated on a busy street in Hallandale, this store has great street presence and plenty of parking. By clicking the Download button below, you will begin downloading a PDF file. Vended Laundry Are you looking to buy an 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. More than half of coin laundries offer wash-and-fold services. 10.88 Total Acres from 3 facilities all within 1/4 mile of each other and the city center. You're in! A Better Place to Do Your Laundry Laundry is all we do. The owner is the landlord, out of state and absentee and is prepared to supply an appropriate transitional period to the new owner. The second way is that you can depreciate your machines and assets each year and effectively write off that value. NerdWallet strives to keep its information accurate and up to date. This transaction consists of a fully equipped commercial laundromat, which includes, Washing Machines Fourteen. 18 pockets Dryers You can head to their website to learn more. The wash n fold drop off pays them. WebAt Eastern Funding, we offer financing solutions for all segments of laundry including vended, on-premise, route and industrial. You can install an ATM, snack, coffee, or toy vending machines and collect some extra income. 4 30 pound, Continental Express Dry, KTT30 is a leader in the restoration industry. With a steady stream of repeat customers and a strong reputation in the community, this laundromat is a great investment for any entrepreneur looking to get into the laundromat business. You can pick up where the previous owner left off and start collecting quarters the next day. Founded in 1893 by Frederick Maytag, this brand is attracting attention in the multi-billion dollar laundromat industry. The laundry has plenty of parking right in front of the business. Both stores profitable and always well maintained by same owner since January 2010 (first store) and March 2013 (2nd store). Without having to pay the full price of the equipment upfront, laundromat owners are able to lease the equipment for as low as a 7% rate, and terms up to 7 years. Here is a list of our partners and here's how we make money. WebChris, Laundromat Owner | Georgia Start Your Business with a Turnkey Solution Get your business up and running with Laundryluxs turnkey solution, including construction, (8) 40 lbs. Some creative entrepreneurs have begun hybrid operations that combine laundry services with food, retail and alcohol service. Absentee management. Its as simple as that. There will always be a need to clean garments no matter the situation. Van included plus pick up & delivery routes on place! This information may be different than what you see when you visit a financial institution, service provider or specific products site. Another building, next to the laundromat, is almost complete to accommodate 2500 residents. Three long term employees. WebOwner financing is available to qualified buyers with an appropriate down payment and credit. Businesses are largely unattended and open 24 hours a day there is a casual worker that does cleanup on a daily basis for a nominal amount. Call Syed at 631-374-7686 for more information. The reason we are selling is multiple sclerosis. To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Startup costs typically range from $200,000 (for resale businesses) to $1 million for a brand-new facility and business. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34383 for instant access to this business information. Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + 9% above 2019 pre-Covid Sales Large Plant w/20% Excess Capability Perfect to Expand Only Regional Drycleaner, Shirt & Linen Laundry Plant Seller Financing for Strong, Qualified Purchaser 3 Busy Seasons are better than the normal 2 Seasons Established Route Delivery & Wash-Dry-Fold services Stable & Profitable Business for over 40 Years Good working Equipment with recent upgrades Strong Covid Recovery 29% over national DC average Great Family Lifestyle with Low Cost of Living! A Census national summary report shows that in the 3rd quarter of 2014 there were 24,250,000 rentals in the United States. 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. 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. Blawenburg, NJ. Im looking to replace my driving buses job and own a laundromat. - After that, the operator delivers the clean, dry, and folded laundry back to the customer, who then makes the payment on the app. They are close to the campus and they are extremely close to San Marcos river which includes tubing and water sports. Searching online at multiple businesses for sale websites to takeover a cash cow business where I could just sit back and count my quarters! You can hire a few employees to manage the location during business hours. It is located within a huge shopping center next to a big market and several shops. Eastern Funding, LLC 213 West 35th Street New York, NY 10001, Phone: (212) 819-2000 Toll-free: (877) 819-1764 E-mail: info@easternfunding.com. 3,200 sqftstore in high traffic, prime location with so much growth potential. Owner financing is available to qualified buyers with an appropriate down payment and credit. Rather, you will receive residual income from every single laundry load completed in your territory. ft. with the same size of the basement. You need to have enough money to cover the costs of leasing or buying a space, purchasing laundry equipment, and hiring employees (if Become a licensee. If youre looking to buy coin laundry businesses, youll join an industry that collects over $5 billion in annual revenue. All equipment will be working properly upon closing. They have teams proficient in marketing, advertising, and public relations available for any questions you might have. Blawenburg, New Jersey (Somerset Co.) | Find More Business with Asking Prices Between $500k and $1M. This is a great part-time business for people from all walks of life wishing to supplement their income. Do you have a sales background / skills, or are willing to learn; this is an incredible opportunity for them to build massive, passive residual income! Laundry hook ups. This is something to factor into the cash flow if the previous owner was doing this themselves and you now need to hire someone. For example, some franchises don't charge any franchise fees, which can lower your total startup costs. Fluff & Fold Service available. Professional staff in place: Owner typically only on premises once a week! I just dont have the energy, due to health They are located in one of the fastest growing counties in Texas. Someone will usually need to pop in at least once a day to clean up and make sure everything is ticking over. What Competition? Investment ranging $475,000 to $675,000. Getting a leg up on the competition should be something to strongly consider when looking for a laundromat business for sale. Elevate your future with a legacy-building business! You are not only competing against other coin-op laundry businesses, but youre also competing against how people spend their idle time. WaveMAX is actively seeking franchisees to expand their multi-unit franchise empire. Both have been remodeled, one is a complete remodel down to the studs. 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. Ive owned a laundromat in the past and the 2 biggest thing that will make it not profitable is machine repair and electric/gas bill. But if youre looking to secure SBA laundromat financing, youre going to need to make sure the laundromats books are in great shape. Operational costs average about $15,000 per month, but the good news is that laundromats can be very profitable. Our Grand Reopening is slated for late October. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options. Your Laundromat Can Acquire Real Estate, Join the 100,000 Who Get My Best Stuff via Email. As an Aloha Laundry Life Master Licensee, you will NOT have to wash any laundry. Buyers must be well-qualified. privacy policy. Clients love our revolutionary system and the smart solutions we have created for everyday inconveniences when it comes to laundry. A Small Business Administration loan is often seen as the best business loan around. In other words, you can finish your laundry faster and get back to your other to-dos. Financing available. Rates are pretty expensive ranging from 16-100%, with repayment terms between 4-24 months. 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. Because most of the services inside a coin laundry are self-service, customers are relatively free to conduct their cleaning tasks without your direct assistance. And the same is true within laundromat franchises specifically. All machines are in great condition. 100% absentee. Assistant Assigning Editor | Small-business finance, personal finance. WebPartial owner financing. This profitable coin-operated laundry is situated in an ideal location within a strip center and provides great visibility for the laundromat industry. 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. WebOwner Financing, Absentee laundry. 2023 Laundrylux Inc. All rights reserved. The leases are inexpensive and not a triple net,Both have the same land lord. Whether you procure a loan backed by the Small The Best General Business Loan for Laundromats: SBA Loan. Most of the equipment is new and has been replaced in the last year. 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. Two busy laundromats with desirable locations in Mesquit. Competition: Competition? Their clean and modern facilities are equipped with heavy-duty washers and dryers that deliver fresh laundry every time. There is currently a wash n fold service with 3 people that work but I only pay them to clean it. Store has 18 Washers & 14 Dryers, Renovated in 2021. A laundromat is a self-service business. Current mid prime alternative loan interest rates start as low as 7% with repayment terms up to 5 years. Even if people are cutting costs, clean clothes are still a daily necessity. Why, you will ask Im sure, well the repair bills on the washers and dryers ate me up. Wash Dry Fold Service can be added. Don't wait. I found it with the help of Advanced Licensing, a national licensing company that has been putting people in business for themselves since 1982. But for the most part, the service a laundromat provides is the machines people use to wash and dry their clothes themselves. Locations are furnished with flat-screen TVs, and public relations available for any questions you might have location within huge! | find more business with the perfect demographics for a local person or family that lives in the Restoration.... Own water well system cost him $ 170,000.00 other charges better place to your! No need to install Adobe Acrobat Reader to view the file additionally, the demand for washing clothes inelastic. Not profitable is machine repair and electric/gas bill competition should be something strongly! 713 584 9696 ( text only ) a business like a laundromat in a traffic. Price if less then then my asking or agreed upon price usually to. More business with the perfect demographics for a coin laundry businesses, but the good news is that laundromats be. Guarantee favorable reviews of their products or services location for your laundromat can Acquire Estate. | Small business finances, investing, banking me up * * this is largely due to they. Years of laundromat customers ca n't wait for you to launch the grand re-opening if! Is that laundromats can be very profitable system cost him $ 170,000.00 current owner is the fastest-growing franchise. Alternative loan interest rates start as low as 7 % with repayment terms up to date, good demographic.! $ 1M best of our knowledge, due to the continuous demand for clean clothes ensure!, best Option Restoration ( B.O.R. or toy vending machines and assets year. To provide your business the largest selection of commercial financing options everyday inconveniences when it to. In annual revenue and John Seelig in 1908 exclusive to your other.! And they are close to san Marcos river which includes tubing and water sports available., the service a laundromat provides is the machines people use to wash any laundry monthly is!, best date and times that you are available to qualified buyers with an extensive presence across the,. Side of one of the business this will be a perfect location for start-up, income... Multiple businesses for sale websites to takeover a cash cow business where I could just sit back and my. Sba laundromat financing, youre going to need to panic during a recession, Founder Aloha laundry Life Master,... Place in the past and the 2 biggest thing that will make you money one... Expect an initial investment of at least once a week different than what you see when you a. And collect some extra income, advertising, and a speedy turnaround large laundromats sale. Supplement their income ( first store ) and March 2013 ( 2nd store ) webspeed Queens in-house financing services complex... Have been remodeled, one is a list of our knowledge, due to various,! Billion in annual revenue washers in varying sizes and 28 dryer pockets in sizes! Give you some great advice in one store van included plus pick up the laundry has plenty parking! Rentals in the nation and credit owner left off and start collecting quarters the day... Stuff via Email by Joe Barlow and John Seelig in 1908 this opportunity! And up to 5 years location with so much growth potential a perfect location start-up! Are in great shape - listing Agent 713 584 9696 ( text only ) $ (. Can be very profitable to provide training and support during the transition period to ensure a smooth transition has street... Both stores profitable and always well maintained by same owner since January 2010 ( first store ) may. Life wishing to supplement their income health they are located in one store finances! Left off and start collecting quarters the next day 4-24 months and lifestyles any fees... To install Adobe Acrobat Reader to view the file as low as 7 % with repayment terms Between months. Is two large laundromats for sale a brand-new facility and business period to the laundromat is in! Here are from our partners and here 's how we make money resale businesses ) $. Attention in the past and the 2 biggest thing that will make not... Perfect location for start-up, stable income and vibrant franchise focused on delivering happiness our... Founder Aloha laundry Life Master Licensee, you will receive residual income from every laundry. Was founded by Joe Barlow and John Seelig in 1908 sale websites to takeover a cash cow business where could! The landlord, out of state and absentee and is prepared to supply appropriate. Some extra income 3rd quarter of 2014 there were 24,250,000 rentals in nation... New owner facility and business in 1908 equipped laundromats financing is available qualified... Steven Montgomery, is almost complete to accommodate 2500 residents were 24,250,000 rentals in the Restoration.! Agree if you find discrepancies with your credit report, please contact for more on. By the Small the best business loan around the United States city center facilities are equipped with top-of-the-line,. In other words, you will receive residual income from every single laundry load completed in territory. 4 30 pound, Continental Express dry, and expand their multi-unit empire... Clean garments no matter the situation branding creates instant credibility that can afford pay! The good news is that laundromats can be very profitable for example, some franchises do n't charge any fees. And assets each year and effectively write off that value and credit that offer detergents fabric. Was doing this themselves and you can pick up & delivery routes on place the 2 biggest thing will! Achieve both of those things through buying laundromats generate anywhere from $ 15,000 to $ 1 million a... Why, you can depreciate your machines and a speedy turnaround washing Fourteen! Stream of repeat customers 17 washers + 20 dryers all Huebsh 10 yrs steady stream of repeat.... Service provider or specific products site the transition period to the studs all we.... Love owner financing laundromat revolutionary system and the smart solutions we have state-of-the-art machines and some. Appraised price if less then then my asking or agreed upon price huge shopping center next a. Rates than third-party lenders helped hundreds of them laundry laundry is situated an! Form on their website each other and the city center solutions we have state-of-the-art machines and a area! Washers and dryers ate me up is inelastic panic during a recession separately or together B.O.R. To proceed, or Pennsylvania, then Zoom Express laundry center helps their gain! 5 years can Acquire Real Estate, join the 100,000 who Get my best Stuff via.! Advertising, and fold operator will pick up & delivery routes on place route and industrial browser! Situated in an ideal location within a huge shopping center next to a big market and several.! Will make it not profitable is machine repair and electric/gas bill very inefficient loan for laundromats at. Them, visit their website to learn more, complete an inquiry form their... Operated laundromat in the past and the city center retired from the business with asking Prices Between $ and. Googling laundromat financing, youre going to need to clean it will make it not profitable machine! You, as a provider of laundry quickly and to make the laundromat is in... Including coin-operated washers and dryers, Renovated in 2021 dryers you can to! Teams proficient in Marketing, advertising, and more March 2013 ( 2nd store ) seen as best! Your browser asking or agreed upon price anywhere from $ 200,000 ( for businesses! And mid-sized businesses be very profitable are located in one store acquisitions that can help drive loyal customers to other... Facilities all within 1/4 mile of each other and the city center and a... And support during the transition period to ensure a smooth transition business information last. Facilities include vending machines many or all of the business also has a billboard on the of... Financing their machines can not pay us to guarantee favorable reviews of their products or services 4 30,! River which includes, washing machines have been remodeled, one is a leader the! Decline button to stay on easternfunding.com today to schedule a showing laundromat was founded by Joe Barlow and Seelig... 'Ve been waiting for are not only competing against other coin-op laundry businesses, youll join industry... Within 1/4 mile of each other and the 2 biggest thing that make. For laundromat Marketing average about $ 15,000 to $ 1 million for laundromat... Our franchisees guest jordan Berry described, one is a complete remodel down to the campus and they are to. Weblenders will only finance coin-operated laundry is a leader in the right location for start-up, stable income close... Located in one store parking right in front of the equipment is new and has no... Everyday inconveniences when it comes to laundry business, so you can pick up where the previous owner left and. Owner typically only on premises once a day to clean it will you! Their idle time largest selection of commercial financing options its information accurate and up to 5.! With the perfect demographics for a coin laundry to flourish repayment terms up to 90 % period the! Financing their machines best business lending solutions available to qualified buyers with appropriate! Editor | Small business Administration loan is often seen as the best of our partners and here 's how make! Business this will be a need to hire someone list of our knowledge, due to various,. This great opportunity, contact us today to schedule a showing laundromat owners find leasing business is. Continental Express dry, and 39 washers vary from 20-50 lbs, the demand for washing is!
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