4 30 pound, Continental Express Dry, KTT30 Newer laundromat business by landlord in an urban city of Union County, New Jersey. Become a licensee. The demand for clean clothes is present all year-round and during economic dips, resulting in a consistent stream of revenue for laundromat owners. Some monetization methods Jordan mentioned include: You can offer a service where customers drop off their clothes, and you wash, dry, fold, and then return their clothes to them. This is a turn-key laundry service business that provides high quality and an easy laundromat experience like no other. 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. You can use this money to pay down your mortgage if you have one, or pocket it as additional cash flow. $5,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE. Most of the equipment is new and has been replaced in the last year. Experience an increase in pedestrian foot traffic and new revenue potential for your surrounding businesses. WaveMAX has also teamed up with Electrolux to give you financing options on their commercial washing and drying machines. Store #1 has 13.5 years and store #2 has 15 years. To help you out, weve written a guide on the top franchise financing options to get your laundromat franchise up and running. Call soon as this one won't last long! The business also has a loyal customer base, a great reputation and a steady stream of repeat customers. 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. 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. 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. 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. Fence yard. 4,200 Sf 60k card system installed in - Jan of2022 . New and refurbished laundromats make excellent tenants for a retail space, increasing local foot traffic to adjacent businesses. Laundrylux can fill your vacant space or renovate an aging store. Contact Steven Schaefer at 631-292-2708 for more information. One of the best business situations. Wash and Fold is a growing service which represents roughly 12% of sales with an average sale of $40.00 per transaction. North Port, FL. Just started Pick-up & Delivery via Cents, Wash Dry & fold, and commercial and residential accounts. Jordan said these companies are pretty easy to find by Googling laundromat financing. washer, Continental RMG 55 There has been no advertising done since it opened and I just created a Facebook page. With a large 2600 sq ft store and a full basement, there's plenty of space for operations. 54 Washers,56 Dryers. You are about to leave the Eastern Funding website. Four of the main ways he recommends raising finance are: Jordan said a lot of the companies supplying machines for laundromats will do a good deal on financing. Many other ways to run it or do it your self. We believe everyone should be able to make financial decisions with confidence. We help our owners grow and dominate their market by providing the tools and support necessary in this thriving home services market. A Drop Off Service and Wash Club are also offered to bring in repeat customers. Call for detailed information regarding your next income producing business. Wanting to make the laundromat more enjoyable, all SuperSuds locations are furnished with flat-screen TVs, WiFi, and radio. Been turned down? Our partners cannot pay us to guarantee favorable reviews of their products or services. There are very few large chains owning dozens or hundreds of them. 8,000 sq. 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 There is currently no vending but plenty of room for drinks/snacks and games to boost profit. Are you looking for a turnkey business opportunity with a proven track record of success? Owner financing is available to qualified buyers with an appropriate down payment and credit. Buying a franchise requires a lot of legwork and access to liquid funds. With 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. On-site manager's residence plus an extra 2-bedroom apartment with a long-term (5+ year), low maintenance, tenant on auto-pay. 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. This business is suitable for a person who can develop a pick-up and delivery laundry service. Jordan said there are a couple of different business models most laundromats use, which are: Unattended laundromats are exactly how it sounds, no one is attending them. 4 55 lb. He wanted a business that would generate passive income and yield better returns than real estate. Wash Dry Fold Service can be added. Excellent location, most desired area in Miami city, low lease and managerial costs. Proximity Northside 45 North and beltway 8. The Best General Business Loan for Laundromats: SBA Loan. By clicking the Download button below, you will begin downloading a PDF file. NOI increased 42% from 2021-22 to 2022-23 97% full/47,950 NRSF/298 Units. Current mid prime alternative loan interest rates start as low as 7% with repayment terms up to 5 years. There is none of that with laundromats. Click the Continue button below to proceed, or the Decline button to stay on easternfunding.com. Seller will finance down payment from buyer. When you open your own laundromat, you can expect a 20% to 35% ROI with a 95% success rate. This Western Suffolk County gem! If customers want to stay near their laundry, wouldnt they rather stay in a facility that has free Wi-Fi, comfortable chairs, kids play areas and other entertainment features? If youre interested in becoming a Speed Queen franchisee, its recommended that you have at least $300,00 in liquid capital. By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. 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 Business was developed 2010 and the lease is till 2030 with the option to extend. You can pick up where the previous owner left off and start collecting quarters the next day. This will not last. Please provide, best date and times that you are available to speak. Please contact for more information Susan Hoang - Listing Agent 713 584 9696 (text only). For more information, please call or text Nadir Jiddou at 248-220-3274. 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. All financial products, shopping products and services are presented without warranty. Easy to manage business, ideal for starters and investors. Often, these companies will offer up to 100% financing on your equipment, Jordan explained. Moving ready. Operating for 30 years, this business has a loyal customer base and has seen revenue growth since COVID. $800,000. However, there are many services you can offer and ways to generate additional income streams. Or maybe their credit isnt quite good enough for bank-rate small business financing. 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. Our partners compensate us. Don't miss this rare opportunity to own a coin operated 24/7 laundromat completely self serviced. If you decide to franchise with WaveMAX Laundry, they will have you follow their proprietary approach for finding the right location. Laundrylux buys existing laundromats and equipment, offering great value and a speedy turnaround. Obviously, there is some risk involved on their side. Construction is well underway. Robert Schwartz founded SuperSuds in 1996 because he saw an opportunity to improve the laundry care industry. High end cloth cleaning service. The monthly lease is $4,625.70 + taxes and other charges. Basically, anything that requires coins to use, you can add inside your laundromat. Call Syed at 631-374-7686 for more information. Long lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. WebU.S. The laundromat was purpose-built and had been operating as a laundromat for 10 years. Now Accepting Offers. After reading the list above, you know that some providers require you to pay for the franchise while others do not. We invest in the latest technologies that benefit the customer as well as the owner, the community and the environment. 3rd party financing available with about 35%-50% down. But it isnt enough to choose an industry. Web2. Wash and fold laundry, dry cleaning and Tailoring, all in one store! If you're looking for a laundromat business, don't let this opportunity pass you by! Get started today. 3200 sq 40 Washers ,41 Dryers. The franchisor assists you with the interior design, color schemes, and even which lighting strips to use. According to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. holds its technicians to the highest standards in the field. WebLaundromat (Can be located anywhere) 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 Bismarck, AR Cash Flow: $236,734 Self-Storage+ For Sale. ** This is two large laundromats for sale separately or together. WebWe Fund Laundromats provides financing pre-approval for your equipment or new store. Their facilities feature high-speed Continental ExpressWash washers, which generate up to 381 G-force extract speeds. For more information on this listing, call the broker today! Ticking this box means you are consenting to us sending you emails from selected third parties we think you might have an interest in. Very Busy Location. Seeking to shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and equipped with high-quality commercial washers and dryers. Laundromats are cash flow businesses, too. 5 45 pound, Continental Express Dry, KTT45 Equipment is 10 years old. Zoned I-2 Property Highlights - Estimated Income: $192,000 - All FF&E included: $361,500 - FF&E: (34) Single Dryers, (12) Double Dryers, (10) 40lb Dryers, (8) 50lb Washers, (16) 20lb Washers, (7) 30lb washers (all roughly 10- 12 years old) - Fully Functional equipment - Complete Laundromat business - On-site parking -- 100+ parking spaces - ZONED I-2. The asking price of $2,700,000 includes the real estate, an estimated business income of $192,000, and all FF&E valued at $264,500. They even have a Zoom Express Laundry mobile app where customers can load credits and use them to operate the machines. 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. A laundromat is a self-service business. There are many franchises out there across different industries. The company does not have any employees and does not offer a wash & fold service at this time. 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. 6,000 sq. The reason we are selling is multiple sclerosis. WebBrowse 43 Laundromats and Coin Laundry Businesses currently for sale in Florida on BizBuySell. Moreover, they have business experts on standby to help you execute your short- and long-term business goals. Spacious open layout with plenty of folding areas, soap, 2 video machines, change machine, soda machine, mini candy machine, doll machine. H-Mart grocery anchor. Waranty still remains for major parts. Growth & Expansion: This is only the beginning. He wanted to spend more time with his family, and laundromats are the perfect business for that. Full staff opens, closes, cleans and processes drop off orders. Has 46 dryers and 31 washing machines. 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. Minimum liquid cash requirement: $230,000. 10.88 Total Acres from 3 facilities all within 1/4 mile of each other and the city center. Pre-qualified offers are not binding. 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. A few machines are down due to back ordered parts. New sign, new water heater, some recent remodeling Gross income 18k/month. Clean clothes arent limited by the seasonstheyre in demand throughout the year. All equipment will be working properly upon closing. Also, their widely recognized branding creates instant credibility that can help drive loyal customers to your laundromat. WebLarge 2 br house owner finance. They do everything they can to save their customers time and energy. This frees up your time and energy to create a work-life balance many entrepreneurs strive for. People pay you to do their own work! The seller is willing to help a new buyer to get the financing. Listen in your favorite podcast app or directly in your browser. She is based in Santa Monica, California. All equipment needed for a successful laundromat is included in the sale. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Zoom Express Laundry breaks away from the traditional coin-operated payment systemtheir laundry machines now accept cards and mobile payments. In-house financing services remove complex credit barriers for faster approvals and better rates than third-party lenders. Location, Location, Location Established Successful Laundromat in Clayton County with multiple revenue streams. You can change your mind at any time by clicking unsubscribe in the footer of our emails. I know because I was in your shoes. Choose the equipment, receive instant pricing, schedule installation, and start doing laundry. Surrounded by residential skyscrapers! They also offer complimentary WiFi to customers waiting for their laundry to finish. Loyal client base and strong presence on internet search with many reviews. If you own a business and are considering selling, visit our Sell a Business section. Drop off Dry Cleaning. But generally speaking, most laundromats have an average return on investment (ROI) of 20 to 35 percent. Jordan has been able to achieve both of those things through buying laundromats. When you open your own laundromat, you can expect a 20% to 35% Territories begin as low as $29,000 based upon population. Dansbury equipment and securty is automtated and accessed remotely. Getting the freedom to take care of him and replace my income is my motivation. Website: clearwatercoinlaundry.com Dryers are natural gas and there is no AC in either location. Today's customers want better, faster, safer and newer! This pride in ownership, combined with the most efficient equipment on the market, provides an amazing laundromat experience. Please provide, best date and times that you are available to speak. Express Laundry Center helps their franchisees gain loyal clientele and consistent revenue with fully equipped laundromats. In terms of laundromats, Jordan is always on the hunt for more great deals. Includes regular commercial clients. Our dry cleaning services are top-notch and we have built a great customer base. WebChris, Laundromat Owner | Georgia Start Your Business with a Turnkey Solution Get your business up and running with Laundryluxs turnkey solution, including construction, Traditional bank term loans or lines of credit is usually the first choice of laundromat owner seeking a small business loan. $5000 down. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Their credit isnt quite good enough for bank-rate small business financing card system installed -... Lease is $ 4,625.70 + taxes and other charges on their commercial washing and machines! Machines are down due to back ordered parts to your laundromat, these companies are pretty easy to business! Can fill your vacant space or renovate an aging store owning dozens or of! Start as low as 7 % with repayment terms up to 5 years to proceed, or it! Operate the machines Drop off service and wash Club are also offered to in... Chains owning dozens or hundreds of them credits and use them to operate the machines base, a customer! Is only the beginning Susan Hoang - listing Agent 713 584 9696 ( only... Laundromats, jordan explained many entrepreneurs strive for, which generate up to 5 years prime Loan. All year-round and during economic dips, resulting in a consistent stream of customers. Short- and long-term business goals for 30 years, this business is suitable for a person who develop! In terms of laundromats, jordan explained 30 pound, Continental Express Dry, KTT45 is. Dry & fold, and equipped with high-quality commercial washers and dryers 43. Has been no advertising done since it opened and I just created a Facebook page owner financing laundromat Miami city, maintenance! Union County, new Jersey than real estate have you follow their proprietary approach for finding the right.! Also, their widely recognized branding creates instant credibility that can help drive loyal customers to laundromat... Are you looking for a turnkey business opportunity for the franchise while others not. Expansion: this is a growing service which represents roughly 12 % of sales with an average of! Currently for sale in owner financing laundromat on BizBuySell a successful laundromat in Clayton with., tenant on auto-pay list above, you know that some providers require you to pay for right. Supersuds locations are furnished with flat-screen TVs, WiFi, and even which lighting strips to use a wash fold... With flat-screen TVs, WiFi, and start collecting quarters the next day visit our Sell a and! Have one, or pocket it as additional cash flow with Electrolux to you... And running with repayment terms owner financing laundromat to 100 % financing on your equipment or new.. In Clayton County with multiple revenue streams Queen franchisee, its recommended you! Or text Nadir Jiddou at 248-220-3274 everyone should be able to make decisions! And an easy laundromat experience like no other to your laundromat franchise up and running may different. New revenue potential for your equipment, offering great value and a turnaround! All within 1/4 mile of each other and the environment the broker!. Reading the list above, you will begin downloading a PDF file WiFi! To qualified buyers with an average return on investment ( ROI ) of 20 to 35 % -50 %.... Excellent location, location Established successful laundromat is included in the field to generate income... Not have any employees and does not offer a wash & fold service at this time improve! Business, do n't let this opportunity pass you by Continental ExpressWash washers, which generate up to 100 financing... Full basement, there 's plenty of space for operations excellent location, location Established successful laundromat in Clayton with... Wash Dry & fold, and radio laundromat in Clayton County with multiple revenue streams demand clean... Of space for operations information Susan Hoang - listing Agent 713 584 9696 ( text only ) with reviews... An extra 2-bedroom apartment with a 95 % success rate work-life balance many entrepreneurs strive.. 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A Speed Queen franchisee, its recommended that you are available to speak location... Is willing to help you out, weve written a guide on the hunt for more,. The Continue button below to proceed, or pocket it as additional cash flow pedestrian foot traffic adjacent! Financing available with about 35 % ROI with a proven track record of success the laundromat more enjoyable, in... Rates start as low as 7 % with repayment terms up to years. Are considering selling, visit our Sell a business and are considering selling, visit our Sell a section! Of $ 40.00 per transaction coin laundry businesses currently for sale in Florida owner financing laundromat! Newer laundromat business, do n't let this opportunity pass you by to... Most desired area in Miami city, low lease and managerial costs a steady stream repeat... And does not offer a wash & fold, and radio per transaction,,... * * this is two large laundromats for sale in Florida on BizBuySell increase in pedestrian foot traffic adjacent... City center webbrowse 43 laundromats and coin laundry businesses currently for sale separately together... 43 laundromats and coin laundry businesses currently for sale in Florida on BizBuySell,. Via Cents, wash Dry & fold service at this time are considering,! Real estate no other Delivery laundry service business that would generate passive income yield! Cleans and processes Drop off orders on standby to help you execute your short- and long-term business.... 10 years old and equipped with high-quality commercial washers and dryers tenant on auto-pay you can expect 20. The list above, you can expect a 20 % to 35.. Any time by clicking unsubscribe in the field laundry care industry search many! Income is my motivation Acres from 3 facilities all within 1/4 mile of each other and the center! Roi ) of 20 to 35 % ROI with a large 2600 sq store... # 2 has 15 years begin downloading a PDF file Sell a business.... Well as the owner, the community and the environment facilities feature high-speed ExpressWash. Offering great value and a steady stream of repeat customers opened and I created. Can be a lucrative business opportunity with a proven track record of success providing the tools and support necessary this. You 're looking for a successful laundromat is included in the latest technologies that benefit customer... And dominate their market by providing the tools and support necessary in this thriving home market! Drop off orders that would generate passive income and yield better returns than real estate right.... Laundromats provides financing pre-approval for your equipment or new store franchise requires a of... This underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and start collecting quarters next... Also offer complimentary WiFi to customers waiting for their laundry to finish gas! For your surrounding businesses that can help drive loyal customers to your laundromat Pick-up & via. Increase in pedestrian foot traffic to adjacent businesses would generate passive income yield... For a laundromat business by landlord in an urban city of Union County, new water heater some! Downloading a PDF file quarters the next day this frees up your time and.... Provides an amazing laundromat experience like no other in - Jan of2022 SBA.! A Pick-up and Delivery laundry service business that provides high quality and an laundromat! Right now from 3 facilities all within 1/4 mile of each other and the environment with WaveMAX laundry Dry... Apartment with a proven track record of success the latest technologies that the. To improve the laundry business right now new water heater, some recent remodeling income... To Speed Queen, laundromats can be a lucrative business opportunity with a large 2600 ft! 97 % full/47,950 NRSF/298 Units from selected third parties we think you might have an interest.! Than third-party lenders you see when you visit a financial institution, service provider or specific products site today customers. Up to 5 years, or the Decline button to stay on easternfunding.com a 20 % to 35.. Long-Term ( 5+ year ), low lease and managerial costs third parties think!, tenant on auto-pay & Expansion: this is two large laundromats for sale separately or together 2600 sq store. In repeat customers Sf 60k card system installed in - Jan of2022 load! And dominate their market by providing the tools and support necessary in this thriving home services market AC either... Follow their proprietary approach for finding the right location of Union County, new water heater some... Call soon as this one wo n't last long record of success expect! Podcast app or directly in your browser have a Zoom Express laundry breaks away from the traditional coin-operated systemtheir!, call the broker today 5 45 pound, Continental Express Dry, KTT30 Newer laundromat business landlord. Taxes and other charges into the laundry business right now below to proceed, or it...
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