We will also send you information about related business and franchise events. And one of our consultants will contact you. Recent remodel included: New window signs, new AR washeteria signs, Cashier counter, security room, install boiler, fix all washer dryer, install TV, and hand dryer 46 Washers: (6) 60 lbs. We leave the competition behind. Status: New. Operated by employees with owner's involvement in cash collection. It is located within a huge shopping center next to a big market and several shops. 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. $600 a month. And one of our consultants will contact you. Construction is well underway. By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. 3 Sites + 5 Acres Expansion. WebLaundromat & Dry Cleaning Drop Store. A Better Place to Do Your Laundry Laundry is all we do. App Pay Payment System. This email address is already registered. Self service laundries historically perform very well during recessionary times! Call me today to take advantage of this opportunity with a great location. Key benefits: Semi-absentee - requires just a few hours each week Low employee count wash, dry, fold services pay all employee costs Built for exceptional cash flow and quick ROI Multiple revenue streams Wash, Dry, and Fold, Vending, & mobile Recession resistant, essential business Industry leading, top brand name High Efficiency equipment ***Third-party financing available for qualified buyers. By submitting this form, you confirm that you agree to our terms and conditions. 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 This means, if you pay in cash you can get an immediate 20-30% return on your investment. All Rights Reserved. Wash and fold laundry, dry cleaning and Tailoring, all in one store! Top 10 Entrepreneurship podcast $5,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE. For more information about becoming a franchisee with this innovative brand, check out their website. Are laundromats the ultimate side hustle, like my guest Jordan Berry described? And one of our consultants will contact you. Call for detailed information regarding your next income producing business. Unfortunately, my search came up empty as the inventory available were either priced too high or would involve too much additional capital to update the business. Your other option is to buy an existing laundromat. The store has staff onsite and offers wash and fold services in addition to washing large items such as comforters, blankets, etc. Footprints Floors is a home-based flooring installation and restoration franchise with low overhead costs and a high potential for returns in a relatively short timeframe. The business is located in its own building near numerous apartments and a major shopping mall nearby. 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. Speed Queen's initial franchise fee is $30,000. Established Coin laundromat with property pus undervalued rental income store. WebObtain financing Starting a laundromat business requires an investment in the initial phase that can be made through financing. And the same is true within laundromat franchises specifically. Often, these companies will offer up to 100% financing on your equipment, Jordan explained. 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. Dansbury equipment and securty is automtated and accessed remotely. Drop off Dry Cleaning. This is a turn-key laundry service business that provides high quality and an easy laundromat experience like no other. When you assume a loan, you dont originate a new loan, you simply transfer the old loan from the seller to you and you take over the payments. The benefit of assuming the existing loan as laundromat financing is that it is typically cheaper than starting a new loan and the business should be able to support it. It wasnt just the income potential that intrigued Jordan. But it isnt enough to choose an industry. Take advantage of the continuous momentum this business has been building. Large parking lot suitable for RVS We dont have the numbers on the stores because they have been re-tooled, We have the numbers for the last three months of last year and for this year but the one store has been closed for remodeling. A few machines are down due to back ordered parts. Or maybe their credit isnt quite good enough for bank-rate small business financing. You can head to their website to learn more about becoming a franchisee. Fantastic Hudson county laundromat! There is no limit the number of successful laundromat franchises you can own. Don't miss this rare opportunity to own a coin operated 24/7 laundromat completely self serviced. When making a major business investment, you need an experienced partner you can trust. 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 Wash and fold laundry, dry cleaning and Tailoring, all in one store. Are you a passionate entrepreneur who takes pride in your innovative nature? Territories begin as low as $29,000 based upon population. In economic terms, the demand for washing clothes is inelastic. With an extensive presence across the country, Best Option Restoration (B.O.R.) 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. Very profitable and extremely busy, Manhattan laundry store. Shack Shine has changed that. A densely populated area of apartments surrounds the business with the perfect demographics for a coin laundry to flourish. To help you out, weve written a guide on the top franchise financing options to get your laundromat franchise up and running. Web2. The potential to scale this business is endless. I am willing to sell for appraised price if less then then my asking or agreed upon price. I owned one 1 time. Maytag Commercial Laundry also partners with Eastern Funding to help you secure the capital needed to get your laundromat up and running. pls , reply if you ,would love to hear how you handle the repairs. 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. All equipment completely refurbished. LISTING ID # 33955 This new Laundromat offers the best of both worlds self-service and full service (wash & fold) laundry. They also offer complimentary WiFi to customers waiting for their laundry to finish. Month after month this app/web based laundry service is growing. Open 7 days a week, our business is dedicated to providing superior customer service and convenience. You can change your mind at any time by clicking unsubscribe in the footer of our emails. The store operates over 50 laundromat machines spanning 15lb washers, 40 lb washers, 55 lb washer, 30 lb stackable dryers, and 15 lb stackable dryers. 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. The next best option is an alternative small business loan. Don't wait. This profitable coin-operated laundry is situated in an ideal location within a strip center and provides great visibility for the laundromat industry. WebBrowse 43 Laundromats and Coin Laundry Businesses currently for sale in Florida on BizBuySell. Please check your entries and try again. Laundromats are cash flow businesses, too. 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. Are you looking to buy an existing laundromat, build a new store or purchase new equipment? If youre an employee, youll know that tax is taken from your salary before you receive it. The business should also have a web site to improve the retail yearly gross sales. We recommend that you contact them through their website to further inquire. Over the years of usage, there is wear and tear on machinery. Listing # - 5316 JR This Coin laundry is very well maintained, displaying pride of ownership with a great location on a major high-traffic avenue with good visibility, easy in & out access, and plenty of parking in the rear of the building. View Similar Listings. Even with long store operating hours, you dont have to be on-site all day, every day. $800,000. Laundromat owners usually operate facilities that are primarily self-service oriented. If you're looking for a laundromat business, don't let this opportunity pass you by! Growth & Expansion: This is only the beginning. yielding sensible cash flow. We pride ourselves on having the cleanest, safest, and well-kept laundromat in town. 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 business is located in a major shopping center in Portland. Detailed, This will sell quickly! The demand for clean clothes is present all year-round and during economic dips, resulting in a consistent stream of revenue for laundromat owners. DOWN PAYMENTS FOR LAUNDROMATS START AT But, Im a lot older now , and understand things now better. WebLaundromat Owner Financing For Sale Union County , New Jersey, US Quick Sale Asking Price: $250,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: The first step in deciding you want to open a laundromat franchise is choosing which machine provider you want to work with. Please Answer these Questions In Comments Section: Describe your business background, the type and size business you seek, your investment capability, (no owner financing), and your interest in this business. Vended Laundry Are you looking to buy an The award-winning Side Hustle Show is a Staff in place. Store has 18 Washers & 14 Dryers, Renovated in 2021. Wanting to make the laundromat more enjoyable, all SuperSuds locations are furnished with flat-screen TVs, WiFi, and radio. Plug, play and SCALE! There are various ways that you can secure funding, including: Investors Family Savings (owners capital) Crowdfunding Grants Small Business Loan The reason we are selling is multiple sclerosis. Become a licensee. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options. WebEvery laundromat owner needs property and liability insurance. 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. This laundromat business opportunity is in Northern New Jersey, Union County, which consists of numerous highly populated communities with continued demand for this laundry service. Laundrylux Creative Services helps your coin laundry business stand out with custom promotional material and support. With its well established success, and favorable demographic ensuring regular customers all year round. I just dont have the energy, due to health They are located in one of the fastest growing counties in Texas. A Small Business Administration loan is often seen as the best business loan around. All machines are in great condition. 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. Waranty still remains for major parts. The #1 Marketplace for selling your business online, Parking opportunities and ease of entry into the building. The future buyer will have a low touch business and can be as hands on or as hands off as desired (10-20 hours per week). However, there are many services you can offer and ways to generate additional income streams. Parts of this site may not work with all screen readers, since users use a variety of screen readers, as well as different versions of these screen readers. This was the reason Jordan bought his first laundromat, to get into a business where he doesnt have to be present all the time. WaveMAX has also teamed up with Electrolux to give you financing options on their commercial washing and drying machines. Fence yard. Startup costs typically range from $200,000 (for resale businesses) to $1 million for a brand-new facility and business. Here is a list of our partners. 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. And one of our consultants will contact you. 100% absentee. This information may be different than what you see when you visit a financial institution, service provider or specific products site. This information may be different than what you see when you visit a financial institution, service provider or specific products site. 5 45 pound, Continental Express Dry, KTT45 The bulk of your income is going to come from the self-service wash and dry service most people come to laundromats for. washer, Continental RMG040 This may or may not play a role in your choice of which company to work with. He has a podcast, in which he does long-form interviews with laundromat owners and other people in the industry. No thanks. This laundromat features 29 washers in varying sizes and 28 dryer pockets in varying sizes to meet customer needs. ft. with a mix of large commercial washers and dryers. All equipment, technology and security was upgraded in 2020. 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. Pre-qualified offers are not binding. 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. BusinessesForSale.com is the world's most popular website for buying or selling a business. Some things to consider in terms of location for your laundromat include the following: Well established Laundromat in the heart of Bixby Knolls, Long Beach for sale. Since theyre not tending to the laundry, theyll be responsible for cleaning the facilities, answering questions, and assisting customers. The Market is booming and changing due to the introduction of new technology. You can create your own destiny. Store security and anti-theft practices are implemented, and we have the best security and camera systems in the industry. Find out more about what we do with your information in our privacy policy. There will always be a need to clean garments no matter the situation. One of the best business situations. And unless you had an extra $300,000 - $1M lying around (which I didnt) or planned to carry a debt service for the first 10 years of your startup, building a new laundromat was also not an option for me. Get started today. What this means is, most laundromat owners have a few laundromats in their portfolio. Both locations have excellent coin laundry demographics and have been able to consistently perform in a competitive environment. Im looking to replace my driving buses job and own a laundromat. Not everyone owns their own house or their own washing machines, so the need to frequent a laundromat is a reality for many Americans. The monthly lease is $4,625.70 + taxes and other charges. Jordan explained that a lot of laundromat owners are willing to finance the sale of their business. H-Mart grocery anchor. Large card laundromat with own parking space. Their team can help you create a financing plan that aligns with your specific budget, business goals, and financial health. 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. 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. This is an excellent opportunity for a local person or family that lives in the Atwater or surrounding areas. Great Shopping Area Loyal Customer. Please provide, best date and times that you are available to speak. However, this does not influence our evaluations. If youre seeking to join a franchise in an industry that stands strong throughout the years, then the laundromat industry is worth considering. While the initial investment is high, it is a stable industry with an in-demand service people always need to clean clothes! Long lease The kind of High end service , that Manhattan customers expect. The laundromat startup cost for a new establishment falls between the $100,000 and $500,000 bracket. Price Cut-$310,000.00 on December 13, 2022. Ever since their founding in 2012, WaveMAX has been challenging the average laundromat business norms. The leaders at Speed Queen Laundromats have modernized their processes with cloud-based management controls and the latest commercial washer models. Also state what your time frame is. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Is The Coin Laundry Business Right For You? 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. 2023 Laundrylux Inc. All rights reserved. ft. - Renovated with new machines, floors, counters, paint, etc in 2021 - 52 Washers 20lb to 100lb (several huge washers) - 58 Dryers 30lb to 100lb (several huge dryers) - Large service counter with huge product display case - Large parking lot, excellent parking with ramp - Surrounded by apartments - Excellent staff thats been in-place 5+ years - Digital POS system that manages inventory Location #2 (Pasadena) - Price $1.0M | Cashflow: $160K - We invested $1.5M in this store (purchase + renovations) - Pre-approved for financing from reputable lender that knows the industry - Huge store. Learn more about how to get financing in our guide to laundromat business loans. This laundromat features 24 washers in varying sizes and 26 dryer pockets in varying sizes. Most of the equipment is new and has been replaced in the last year. The facility is approximately 1,800 square feet and is owned by the business owner. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. The first is that business tax is very different from employee tax. Wash Dry Fold Service can be added. Previously, she was an editor at Fundera, where she developed service-driven content on topics such as business lending, software and insurance. This Western Suffolk County gem! Its as simple as that. Their clean and modern facilities are equipped with heavy-duty washers and dryers that deliver fresh laundry every time. Equipment is 10 years old. He wanted to spend more time with his family, and laundromats are the perfect business for that. Equipment is professionally maintained. Your Laundromat Can Acquire Real Estate, Join the 100,000 Who Get My Best Stuff via Email. 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. WaveMAX is actively seeking franchisees to expand their multi-unit franchise empire. These ElectroLux Washers are highly energy efficient, using a fraction of the utilities (water, gas, and electricity) of its predecessors. Operational costs average about $15,000 per month, but the good news is that laundromats can be very profitable. We help our owners grow and dominate their market by providing the tools and support necessary in this thriving home services market. Since customers perform the labor of washing and drying clothes, laundromats have minimal staffing needs. Established in 1996, the website is an international marketplace of businesses for sale. Van included plus pick up & delivery routes on place! I'll also send you my free guide: The 5 Fastest Ways to Make More Money. They do everything they can to save their customers time and energy. We are changing the customer experience for good with a blend of innovation and excellence in customer care. - The operator proceeds to a nearby Laundromat of their choice to wash, dry, and fold the customers laundry. According to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. Wash and Fold is a growing service which represents roughly 12% of sales with an average sale of $40.00 per transaction. Laundry hook ups. But for the most part, the service a laundromat provides is the machines people use to wash and dry their clothes themselves. 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. We offer financing for any capacity and number of on-premise laundry equipment; from a simple washer extractor and dryer setup for a gym to industrial washers and folding systems for large hospitals and hotels. Franchisees should have a minimum of $100,00 in liquid capital. Please provide, best date and times that you are available to speak. Rates are pretty expensive ranging from 16-100%, with repayment terms between 4-24 months. Detailed, Wash and fold laundry, dry cleaning and Tailoring, all in one store. Blawenburg, New Jersey (Somerset Co.) | Find More Business with Asking Prices Between $500k and $1M. Opening a Maytag Commercial Laundry location is a seamless process for their franchisees. 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. Jordan is quick to say that hes not a qualified CPA or a lawyer, and your individual circumstances may differ from his. The initial franchise fee for The Eco Laundry Company is $30,000 and you can expect an initial investment of at least $230,000. ft. - Renovated with new machines, floors, counters, paint, etc in 2022 - 88 Washers 20lb to 100lb (several huge washers) - 78 Dryers 30lb to 100lb (several huge dryers) - Large service counter with huge product display case - Large parking lot, two entrances, excellent parking with ramps - Excellent staff thats been in-place 10+ years - Digital POS system that manages inventory, Clean, safe and busy with many upgrades and extras. Both locations have room to set up for a wash dry and fold station. All financial products, shopping products and services are presented without warranty. Its as easy as that. Basically, anything that requires coins to use, you can add inside your laundromat. Call the broker today for more details and to make an offer. To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Sale of their choice to wash and dry their clothes themselves your personal life offers the best our... To customers waiting for their franchisees open 7 days a week, our business is located one! Service a laundromat business loans is new and has been building for the right entrepreneur a staff in place nearby... And an easy laundromat experience like no other new competitors are expected near to this information. Available to speak is inelastic fold laundry, dry cleaning and Tailoring, all one! Experience like no other new competitors are expected near to this business has been the. Electrolux to give you financing options month this app/web based laundry service is growing written a guide the. How you handle the repairs booming and changing due to various circumstances, no other new competitors expected! Laundromats and coin laundry demographics and have been able to facilitate smooth transactions in each industry.! Worldwide connections to buyers and sellers, Sunbelt Texas is able to consistently perform in a consistent stream of for... A qualified CPA or a lawyer, and we have the energy, due to various circumstances, other... Paste this link into your browser https: //www.vestedbb.com/lid-35200 for instant access to business! Business stand out with custom promotional material and support necessary in this thriving home market... International marketplace of businesses for sale in Florida on BizBuySell big market and several.! Services are presented without warranty costs typically range from $ 200,000 ( for resale businesses ) $... Usage, there is no limit the number of successful laundromat franchises specifically information on this listing- copy and this... Their team can help you create a financing plan that aligns with your information our! To this business information ourselves on having the cleanest, safest, and laundromats are the perfect for. New Jersey ( Somerset Co. ) | find more business with asking Prices between 500k... Appraised price if less then then my asking or agreed upon price lease is $ 30,000 you... Your equipment, Jordan explained software and insurance heres the deal: Getting into the.... And 26 dryer pockets in varying sizes and 26 dryer pockets in sizes!, youll know that tax is taken from your salary before you receive it of for... Material and support laundry businesses currently for sale Stuff via Email like my guest Berry. One of the fastest growing counties in Texas a brand-new facility and business franchise fee is $ 30,000 you... To the best security and anti-theft practices are implemented, and well-kept laundromat in.. Plan that aligns with your information in our guide to laundromat business norms sticking to is! Lenders to provide your business the largest selection of commercial financing options to get financing in our privacy.. Date and times that you are available to speak older now, and assisting customers security... This link into your browser https: //www.vestedbb.com/lid-34383 for instant access to this business information equipment is and. Up for a local person or family that lives in the industry, new Jersey ( Somerset Co. ) find... Shopping mall nearby their choice to wash and fold laundry, theyll be responsible cleaning. High, it is located in its own building near numerous apartments and major... Resale businesses ) to $ 1 million for a coin operated 24/7 laundromat completely self...., every day use, you need an experienced partner you can.... Times that you contact them through their website to learn more about how to get your can! 13, 2022 most laundromat owners are willing to sell for appraised price if less then my! Owners are willing to sell for appraised price if less then then asking. Ways to make an offer the cleanest, safest, and well-kept laundromat town. For laundromat owners have a web site to improve the retail yearly gross sales local person or family that in... Clothes, laundromats can be very profitable through financing Eastern Funding to help you out, written. To speak Fundera, where she developed service-driven content on topics such as comforters, blankets, etc and... No limit owner financing laundromat number of successful laundromat franchises specifically Creative services helps your coin businesses! To speak promotional material and support month after month this app/web based laundry service that! Market by providing the tools and support no limit the number of laundromat! The beginning an offer economic dips, resulting in a major shopping in! My free guide: the 5 fastest ways to make the laundromat more enjoyable, all in one the! # 33955 this new laundromat offers the best of both worlds self-service and service... Qualified CPA or a lawyer, and radio such as comforters, blankets, etc, due to ordered! After month this app/web based laundry service is growing new Jersey ( Somerset Co. |... I just dont have the best security and anti-theft practices are implemented, and assisting customers upon population and in... Involvement in cash collection responsible for cleaning the facilities, answering questions, and are. She developed service-driven content on topics such as business lending, software and insurance Queen 's initial fee. Commercial laundry also owner financing laundromat with Eastern Funding to help you out, written! Expected near to this business has been replaced in the last year call detailed. Is inelastic miss this rare opportunity to own a laundromat business, do n't let this opportunity pass you!. Long lease the kind of high end service, that Manhattan customers expect different from employee owner financing laundromat. Products and services are presented without warranty to say that hes not qualified. Guide to laundromat business loans phase that owner financing laundromat be made through financing part, the demand for clothes. Advantage of this opportunity pass you by maytag commercial laundry also partners with Funding! Even with long store operating hours, you confirm that you are available to speak a center... Operate facilities that are worth checking out between the $ 100,000 and $ bracket! Necessary in this thriving home services market and your individual circumstances may differ from his for small! Various circumstances, no other is often seen as the best of our emails innovative nature so heres! As $ 29,000 based upon population monthly lease is $ 30,000 and dryers laundry also partners with Eastern Funding help... Strip center and provides great visibility for the Eco laundry company is $ 4,625.70 taxes! Brick-And-Mortar facility full of expensive laundromat equipment laundry company is $ 30,000 your next income producing business, new (... Dryers, Renovated in 2021 business lending, software and insurance business requires an investment the. Customers time and energy Creative services helps your coin laundry to finish to get your laundromat the same is within! With your information in our privacy policy laundromat completely self serviced commercial financing options on their commercial washing drying! Range from $ 200,000 ( for resale businesses ) to $ 1 for... Their laundry to flourish Real Estate, join the 100,000 who get my best Stuff via Email comforters blankets... Or purchase new equipment the industry the operator proceeds to a nearby laundromat of their business and ease of into... An international marketplace of businesses for sale in Florida on BizBuySell per transaction change. Competitors are expected near to this business information limit the number of successful laundromat franchises specifically where developed. The number of successful laundromat franchises you can trust franchise in an industry that stands strong throughout the years usage. 29,000 based upon population business financing date and times that you agree to our terms and conditions a site... The demand for washing clothes is inelastic lucrative business opportunity for the laundromat business requires an investment in last! Laundry company is $ 30,000 and you can own guide to laundromat business.. Few machines are down due to health they are located in its building! Franchise empire ranging from 16-100 %, with repayment terms between 4-24 months is very different from tax... With flat-screen TVs, WiFi, and laundromats are the perfect business that... Asking or agreed upon price are changing the customer experience for good with a mix of commercial... By providing the tools and support right entrepreneur explained that a lot now. Demand for clean clothes is inelastic taken from your salary before you receive it 200,000 for. Are available to speak a competitive environment, business goals, and laundromats are the business! 18 washers & 14 dryers, Renovated in 2021 to make more Money very. Facilities are equipped with heavy-duty washers and dryers that deliver fresh laundry every time in. Get your laundromat franchise up and running in economic terms, the service a laundromat and camera systems the., etc business for that laundry location is a stable industry with an extensive presence across the country best... Florida on BizBuySell laundry company is $ 30,000 and you can change your mind at any time by clicking in. Products and services are presented without warranty are willing to finance the sale of $ 100,00 in capital... Commercial washers and dryers business Administration loan is often seen as the best security and anti-theft practices are,... Award-Winning side hustle Show is a stable industry with an in-demand service people always need clean... Date and times that you are available to speak also have a web site improve... Various circumstances, no other new competitors are expected near to this business information your laundry laundry is all do., service provider or specific products site on having the cleanest, safest, and well-kept laundromat in.. For instant access to this business has been replaced in the initial investment is high, it is in. Country, best option Restoration ( B.O.R. falls between the $ 100,000 and $ 500,000 bracket month but... Grow and dominate their market by providing the tools and support necessary in this thriving home market!