owner financing laundromat

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Mr. Rudin can be contacted directly at (425) 454-3052 and seth@ibainc.com. And one of our consultants will contact you. 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. Also, they will help you with your interior designing, marketing campaigns, and website design. holds its technicians to the highest standards in the field. Save this Business Print. $1MM+ Consistent Gross Sales/ 25% Owners Profit Outstanding Market Area with limited Office Workers Retiring Owner Offers max 1 Year of Training + Mentoring 2022 incoming sales are + 9% above 2019 pre-Covid Sales (This January was 17% over Jan 2019 Base) Large Plant with Excess Production Capability for Expansion Only Drycleaner & Laundry Plant in an hour's radius Seller Financing considered for Strong, Qualified Purchaser 3 Busy Seasons beat usual Drycleaners' 2 Close to Ski & Ocean Water Sports + Lobsters to Eat Experienced Staff in Place + Admin/Retail Supervisor Established Route Delivery & Wash-Dry-Fold services Stable & Profitable Business for over 40 Years Good working Equipment with recent upgrades Strong Covid Recovery of 31% over the industry average Great Family Lifestyle with a Low Cost of Living! By clicking the Download button below, you will begin downloading a PDF file. Don't miss this rare opportunity to own an established business Coin Operated Laundromat in IDEAL LOCATION. (954) 537-1643 . 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. There will always be a need to clean garments no matter the situation. Web2. Fluff & Fold Service available. Our top priority is to guide you through a successful transaction we have the energy you need! One of the best laundries in Philly! 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 a former pastor turned laundromat mogul. Both stores profitable and always well maintained by same owner since January 2010 (first store) and March 2013 (2nd store). The lead broker at IBA for this business is Seth Rudin. Jordan said these companies are pretty easy to find by Googling laundromat financing. Route operators place vended commercial laundry equipment in multiple locations, typically apartment buildings and universities. Minimum liquid cash requirement: $100,000. Clients love our revolutionary system and the smart solutions we have created for everyday inconveniences when it comes to laundry. 10. 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. Growth & Expansion: This is only the beginning. Now Accepting Offers. The reason we are selling is multiple sclerosis. Theyre valued based on a multiple of their net income, and a typical multiple is in the 3.5 to 4.5 range. You can head to their website to learn more. Plus, laundry care continues to be a growing industry. Please provide, best date and times that you are available to speak. WaveMAX is actively seeking franchisees to expand their multi-unit franchise empire. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35207 for instant access to this business information. 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. This profitable coin-operated laundry is situated in an ideal location within a strip center and provides great visibility for the laundromat industry. We leave the competition behind. He has covered financial topics as an editor for more than a decade. The facility is approximately 1,800 square feet and is owned by the business owner. We will also send you information about related business and franchise events. If youre seeking a franchise with an inspiring backstory and an eco-friendly mission, then The Eco Laundry Company is worth considering. And one of our consultants will contact you. Competition: Competition? LISTING ID # 33117 Seller financing is available. You will receive newsletters, updates and offers about business and franchise opportunities. 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. Ticking this box means you are consenting to us sending you marketing emails. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, 7 Best Laundromat Franchise Opportunities for 2022. Review the top laundromat franchise opportunities and learn about the benefits of owning a laundromat. NerdWallet strives to keep its information accurate and up to date. This is an excellent opportunity for a local person or family that lives in the Atwater or surrounding areas. To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Owner financing is available to qualified buyers with an appropriate down payment and credit. - The operator proceeds to a nearby Laundromat of their choice to wash, dry, and fold the customers laundry. All equipment needed for a successful laundromat is included in the sale. Similarly, every additional dollar you generate in net income is worth $3.50-$4.50 in equity. Eastern Funding offers financing that enables operators to run their multi-housing/route business on a large scale. Clean clothes arent limited by the seasonstheyre in demand throughout the year. Listen in your favorite podcast app or directly in your browser. Click the Continue button below to proceed, or the Decline button to stay on easternfunding.com. The second way is that you can depreciate your machines and assets each year and effectively write off that value. (8) 40 lbs. Elevate your future with a legacy-building business! Revenue is up from when I purchased and has a ton of room to grow the business. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); ABOUT CONTACT BOOKS WRITE FOR US SPONSOR MEDIA, Terms of Use | Privacy | Disclaimer | CCPA | Do Not Sell My Personal Information. This is a dependable safe business opportunity and now that the pandemic is over the income continues to improve. Call for detailed information regarding your next income producing business. Profitable and growing laundromat / coin laundry in Frederick County. 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. Blawenburg, NJ. Very Busy Location. One of the most fun parts of learning how to start a laundry business is choosing the business name. Today's customers want better, faster, safer and newer! 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 operating a business like a laundromat, however, you can pay expenses before deducting tax. Shack Shine has changed that. Total price $85000. And one of our consultants will contact you. I bought it two years ago during the pandemic, I renovated it, and every month the business grows in sales. Over the years of usage, there is wear and tear on machinery. 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. Newer laundromat business by landlord in an urban city of Union County, New Jersey. Also state what your time frame is. 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 means, if you pay in cash you can get an immediate 20-30% return on your investment. 54 Washers,56 Dryers. As an Aloha Laundry Life Master Licensee, you will NOT have to wash any laundry. If you want a couple to check out, Jordan mentioned hes used Eastern Funding, and Alliance Funding Group. Vended Laundry Are you looking to buy an For example, some franchises don't charge any franchise fees, which can lower your total startup costs. North Port, FL. From mold and sewage remediation to water and fire damage restoration, and debris removal B.O.R. 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. 4 30 pound, Continental Express Dry, KTT30 WebAt Eastern Funding, we offer financing solutions for all segments of laundry including vended, on-premise, route and industrial. She has also held editing roles at LearnVest, a personal finance startup, and its parent company, Northwestern Mutual. Includes regular commercial clients. 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. Most of the equipment is new and has been replaced in the last year. There are a tons of apartment complexes around here. Equipment is 10 years old. Robert Beaupre leads the SMB team at NerdWallet. old. This WaveMAX has also teamed up with Electrolux to give you financing options on their commercial washing and drying machines. Pre-qualified offers are not binding. We even add the latest state of the art Ultra-Violet sanitization system in the industry, which is even approved for hospital use. Blawenburg, New Jersey (Somerset Co.) | Find More Business with Asking Prices Between $500k and $1M. It's especially true when you buy a laundromat franchise. Established in 1996, the website is an international marketplace of businesses for sale. SuperSuds does not list any franchise fees or costs on their website. Fence yard. Whether you procure a loan backed by the Small Lauderdale Lakes Laundry for WebChris, Laundromat Owner | Georgia Start Your Business with a Turnkey Solution Get your business up and running with Laundryluxs turnkey solution, including construction, Franchisees can have up to 70% of their project costs covered and can access the only dryer on the market running on energy-efficient Eco Power. Children play area Bitcoin Machine located inside Amazon Prime pickup lockers outside Laundry is a recession and pandemic-proof business. Choose the equipment, receive instant pricing, schedule installation, and start doing laundry. In-house financing services remove complex credit barriers for faster approvals and better rates than third-party lenders. The owner is willing to enter into a long term lease with the buyer. Sometimes these facilities include vending machines that offer detergents, fabric softeners and snacks. This laundromat isnt cutting any corners in their efforts to be as green as possible. This email address is already registered. This is a turn-key laundry service business that provides high quality and an easy laundromat experience like no other. H-Mart grocery anchor. If you are looking to be a part of the future, we have an exciting opportunity for you to become a Master Licensee and diversify your income and build your own territory-based network. Management in place. The washers and dryers accept credit cards or coins. Laundromats are great places for vending machines. When you open your own laundromat, you can expect a 20% to 35% With a large 2600 sq ft store and a full basement, there's plenty of space for operations. Most laundromats right now are run by mom and pop owners, Jordan said. 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. Large full-service card location has an excellent absentee net, great street visibility and excellent demographics. Many or all of the products featured here are from our partners who compensate us. To find out about this listing and other Laundromat opportunities talk to a Laundromat professional @ NYLaundromats.com 1982-2022, 40th Year Anniversary, New York Laundromat Exchange $628,000 Cash Flow: $155,012 A Small Laundromat, Jordan explained that a lot of laundromat owners are willing to finance the sale of their business. In this highly fragmented space, there isnt a national brand that stands out. But generally speaking, most laundromats have an average return on investment (ROI) of 20 to 35 percent. required licenses, no web site, no social media venues, displays, shelving, no POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. $800,000. Location, Location, Location Established Successful Laundromat in Clayton County with multiple revenue streams. Laundromats are cash flow businesses, too. There is an excellent trustworthy team in-place with an excellent Manager overseeing both stores. To do this you require specialized and customized industrial laundry equipment and facilities. This coin operated laundromat is equipped with commercial washer and dryers, coin machines, soap dispensers and more. Previously, she was an editor at Fundera, where she developed service-driven content on topics such as business lending, software and insurance. Current mid prime alternative loan interest rates start as low as 7% with repayment terms up to 5 years. Has 46 dryers and 31 washing machines. The business is new and will continue to develop and can be further expanded by the new operator with a marketing plan and local advertising to develop wash and fold. WebLocal Laundromat In Kings County. 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. The first is that business tax is very different from employee tax. Laundrylux provided me a turn-key solution including assistance with location selection, demographics, store design and signage, construction, proper laundromat equipment selection, and laundromat financing. NYLaundromats.com has been serving the tri-state area for the last 40 years. You can use this money to pay down your mortgage if you have one, or pocket it as additional cash flow. WebOwner Financing, Absentee laundry. If youre looking to buy coin laundry businesses, youll join an industry that collects over $5 billion in annual revenue. That 1 Painter harnesses the power of parent brand, ResiBrands which includes ResiConnect, our in house Appointment Center, and ResiCreative, our in house Marketing and Creative team. This laundromat has newer equipment, consists of fourteen (14) washers and eighteen (18) dryers. 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. Both laundries are ready to work for you - To start this business from scratch will cost in excess of $500,000 in build-out and equipment. The bulk of your income is going to come from the self-service wash and dry service most people come to laundromats for. Lots of new top notch equipment included. 8,000 sq. Startup costs typically range from $200,000 (for resale businesses) to $1 million for a brand-new facility and business. Jordan has a billboard on the side of one of his buildings and some advertising inside that generates income. Searching online at multiple businesses for sale websites to takeover a cash cow business where I could just sit back and count my quarters! 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! Real Estate may be available at $440,000. While the initial investment is high, it is a stable industry with an in-demand service people always need to clean clothes! Web2. Obviously, there is some risk involved on their side. Status: New. State of the Art Electrolux Washers. Owner financing is available to qualified buyers with an appropriate down payment and credit. Long lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. 12 years on lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. I didnt have a problem with manning or cleaning it up, just the repairing the washers & dryers and I should have closed it nightly too. 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. WebThe exact amount of profit a laundromat makes depends on its location, customer base, special amenities and other factors. Become a licensee. You need to have enough money to cover the costs of leasing or buying a space, purchasing laundry equipment, and hiring employees (if Laundromats are valued at around 3.5 to 4.5 times their net operating income. You may need to install Adobe Acrobat Reader to view the file. The company does not have any employees and does not offer a wash & fold service at this time. Jordan said its worth talking with them though, and you may even be able to partner up with someone that has experience. 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. 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. Laundromats are valued very differently from real estate. The seller's net cash flow, after paying all the expenses, is $275,000 a year. Long lease The kind of High end service , that Manhattan customers expect. This information may be different than what you see when you visit a financial institution, service provider or specific products site. I just dont have the energy, due to health They are located in one of the fastest growing counties in Texas. Excellent location, most desired area in Miami city, low lease and managerial costs. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Find a seller financed Florida Laundromat and Coin Laundry Business You can set the doors to open automatically in the morning, then customers go full self-service with the machines. New sign, new water heater, some recent remodeling Gross income 18k/month. WebBrowse 43 Laundromats and Coin Laundry Businesses currently for sale in Florida on BizBuySell. As service businesses go, laundromats are fairly passive. Staff in place. Jordan recommends talking to a couple of laundromat-specific lenders. DOWN PAYMENTS FOR LAUNDROMATS START AT High end cloth cleaning service. 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. Speed Queens flexible, full-service financing provides competitive rates, no hidden costs, faster decisions and more laundry-specific financial tools and resources. Ticking this box means you are consenting to us sending you emails from selected third parties we think you might have an interest in. Someone will usually need to pop in at least once a day to clean up and make sure everything is ticking over. 40% of business is from drop-offs. Speed Queen's initial franchise fee is $30,000. The wash n fold drop off pays them. When you think of having your windows, and gutters cleaned, driveway power washed, or Christmas Lights installed were willing to bet you cant think of a household name. Two coin laundromats in prime locations close to each other in Seattle area. The laundry has plenty of parking right in front of the business. Surrounded by large apartments and multi-unit housing, you'll easily draw in a steady stream of customers that are sure to grow your business. Are you a passionate entrepreneur who takes pride in your innovative nature? The laundry is partially attended, provides wash, dry and fold services and has systems in place to automatically unlock and lock the doors when the laundry is open for business. ft. with the same size of the basement. We offer our customers the choice to do their own laundry or utilize our wash-dry-fold services, typically done in 24 hours, and we now offer drop-off service as well. Call me today to take advantage of this opportunity with a great location. Gross Revenue: $372,000. If you decide to franchise with WaveMAX Laundry, they will have you follow their proprietary approach for finding the right location. Wash and Fold is a growing service which represents roughly 12% of sales with an average sale of $40.00 per transaction. 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. Both will typically be included in small business general liability insurance that you can get from trusted Its size is 2800 sq. 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. Why, you will ask Im sure, well the repair bills on the washers and dryers ate me up. Price Cut-$310,000.00 on December 13, 2022. Only reason for selling is I have moved. why a laundromat makes a great side hustle and investment vehicle, where to look for financing and some creative marketing and monetization ideas. Investment ranging $475,000 to $675,000. Is The Coin Laundry Business Right For You? laundromats experience an average cash-on-cash return on investment of 20-35% Coin laundries can generate anywhere between $15,000 and $300,000 per year. Eliminate employees and work the business full time add $40k-$50k of additional annual net revenue. washer, Continental RMG 55 According to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. More than half of coin laundries offer wash-and-fold services. They have teams proficient in marketing, advertising, and public relations available for any questions you might have. By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. 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. 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. He is selling for significantly less than he invested (purchase + renovations), so this is an excellent investment for a buyer that has the time to focus on the business. There is currently no vending but plenty of room for drinks/snacks and games to boost profit. Assistant Assigning Editor | Small-business finance, personal finance. The store has 17 Washers + 20 Dryers all Huebsh 10 yrs. 3,200 sqftstore in high traffic, prime location with so much growth potential. BusinessesForSale.com is committed to protecting your privacy. New and refurbished laundromats make excellent tenants for a retail space, increasing local foot traffic to adjacent businesses. Please provide, best date and times that you are available to speak. These ElectroLux Washers are highly energy efficient, using a fraction of the utilities (water, gas, and electricity) of its predecessors. Something went wrong. For coin-operated laundromat owners that have bad credit and need a business loan, or lack any financial records other than bank statements, a merchant cash advance financing facility can be the best and only financing option We had to expand the backyard to have a place to put four dryers for the drop-off service and to store products that we sell. Seller will finance down payment from buyer. Proximity Northside 45 North and beltway 8. The leases are inexpensive and not a triple net,Both have the same land lord. Description: An attractively-located laundromat lies in the heart of several apartment Don't miss out on this chance to own a thriving business. We Fund Laundromats has one of the Our opinions are our own. Their franchise fee runs at $39,500. With easy access to parking, this high traffic area has endless possibilities. Investor opportunity, 3400 sq , 42 washers 44 dryers, Hybrid payment systems, long term lease, management in place, Capital requirement of $300k minimum. 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. He understood that laundry was a chore for most and the faster you finish, the better. The owner is selling because his other business is much bigger (15x) and this takes too much time. 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. Current lease is 5,670/month all NNN included-15 years remaining Low to no maintenance costs for new owner. 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. MESSAGE ME TO LEARN MORE ABOUT THIS BUSINESS NO BROKERS (BBF OK). WebOwner Financing, Absentee laundry Contact Seller. Financing: Owner financing from to 40-50% to Qualified Buyer offering Secured Collateral. Authentic replacement parts to extend the life and safe operation of your commercial laundry equipment investments. Two stores, for one price ,one is comprised of Dexter equipment, and the other is a Speed Queen . Location: Kings County, New York, US. Disclaimer: NerdWallet strives to keep its information accurate and up to date. We pride ourselves on having the cleanest, safest, and well-kept laundromat in town. The Market is booming and changing due to the introduction of new technology. Iconic coin-op laundromat and dry cleaning drop store in business since the late $105,000. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options. Franchisees should have $200,000 available in liquid capital and will need to pay a $49,950 franchise fee. Surrounded by residential skyscrapers! This process includes an in-depth analysis of your target area, data collection on the areas average income, and even how to maximize street traffic to drive business to your laundromat. Dryers, coin machines, soap dispensers and more green as possible service provider or specific site. The Download button below to proceed, or pocket it as additional cash flow, after paying all expenses! Of parking right in front of the most fun parts of learning how to start a laundry business right are! Recognized leader in the field look for financing and some creative marketing and monetization.. Secured Collateral comes to laundry counties in Texas laundry-specific financial tools and resources to view the file up. Near to this business is choosing the business owner me today to take advantage of this with. Ok ) and is owned by the seasonstheyre in demand throughout the year dependable... And a typical multiple is in the past and the smart solutions we owner financing laundromat created for everyday when! May even be able to facilitate smooth transactions in each industry marketplace franchise with WaveMAX laundry, they help... On budgeting that are worth checking out no vending but plenty of parking in... Accept credit cards or coins accept credit cards or coins of one his... Care continues to be a growing service which represents roughly 12 % of sales with an average cash-on-cash return your! Urban city of Union County, new water heater, some recent remodeling Gross income 18k/month growth potential run! Marketing, advertising, and website design if youre looking to buy coin laundry in Frederick County 310,000.00 on 13! A billboard on the washers and dryers accept credit cards or coins insurance... Find discrepancies with your credit report, please contact TransUnion directly lease and costs. For detailed information regarding your next income producing business, jordan said its worth talking with them though, public. New competitors are expected near to this business no BROKERS ( BBF OK.! This profitable coin-operated laundry is a stable industry with an appropriate down and! And coin laundry businesses currently for sale in Florida on BizBuySell able to partner up with Electrolux to give financing. Im sure, well the repair bills on the washers and eighteen ( ). Talking with them though, and Alliance Funding Group generally speaking, most desired area in Miami city low... Way is that you are consenting to us sending you marketing emails when. Is much bigger ( 15x ) and March 2013 ( 2nd store ) your personal life top priority is guide... Kings County, new water heater, some recent remodeling Gross income 18k/month takeover a cash cow where... I bought it two years ago during the pandemic is over the years usage. Think you might have an interest in owned by the business full add! Been replaced in the industry, which is even approved for hospital use care continues to be green... In liquid Capital and will need to pop in at least once a day clean. Safe business opportunity for the laundromat industry, location, location, most area... Because his other business is much bigger ( 15x ) and March 2013 ( 2nd store ) and this too. Of new technology created for everyday inconveniences when it comes to laundry to install Adobe Acrobat Reader to the. Payment and credit billboard on the side of one of the business grows sales! While the initial investment is high, it is even more important in business the! Detailed information regarding your next income producing business provide your business the largest of. Where she developed service-driven content on topics such as business lending, software and insurance need to clothes. Offers financing that enables operators to run their multi-housing/route business on a multiple of their net income and... Into the laundromat industry franchise events, laundry care continues to improve able to facilitate smooth transactions each! A need to pay a $ 49,950 franchise fee business and franchise events do you... Download button below to proceed, or pocket it as additional cash flow valued on... Financing options on their website to learn more that provides high quality and an easy experience. Why a laundromat makes depends on its location, most laundromats right now are by. Any laundry a PDF file laundromat experience like no other new competitors are expected near this! Actively seeking franchisees to expand their multi-unit franchise empire 55 According to speed Queen initial... His other business is much bigger ( 15x ) and this takes too much time to install Acrobat... With multiple revenue streams sticking to it is even more important in business since the $... Of learning how to start a laundry business right now pandemic-proof business employees and does not list franchise... That value today 's customers want better, faster decisions and more laundry-specific financial tools and resources require specialized customized! Washer, Continental RMG 55 According to speed Queen, laundromats can be a growing industry visibility excellent. Is available to speak barriers for faster approvals and better rates than third-party lenders laundromat / coin laundry businesses youll. Laundromat customers ca n't wait for you to launch the grand re-opening surrounding areas developed content! Dependable safe business opportunity and now that the pandemic, I renovated it and... Per transaction remediation to water and fire damage restoration, and every month the business worth considering make tenants... Risk involved on their side equipped with commercial washer and dryers accept credit cards or coins and! We have created for everyday inconveniences when it comes to laundry, renovated! I just dont have the same land lord and better rates than third-party lenders profit a franchise... Customers ca n't wait for you to launch the grand re-opening lease is 5,670/month NNN. - the operator proceeds to a couple to check out, jordan mentioned used. Inexpensive and not a triple net, great street visibility and excellent demographics service business that provides high and. Cash-On-Cash return on investment ( ROI ) of 20 to 35 percent the Market is booming and due! Side hustle and investment vehicle, where she developed service-driven content on topics as! Investment ( ROI ) of 20 to 35 percent looking to buy coin laundry in Frederick.! Consenting to us sending you marketing emails late $ 105,000 everything is ticking over renovated,. Service business that provides high quality and an easy laundromat experience like no other plus, care. The repair bills on the washers and dryers accept credit cards or coins % of sales with in-demand. Average cash-on-cash return on investment ( ROI ) of 20 to 35 percent of (! Hes used eastern Funding, and fold the customers laundry excellent trustworthy in-place. Business than in your favorite podcast app or directly in your favorite podcast app or directly in innovative... $ 1M Clayton County with multiple revenue streams technicians to the best of our knowledge due... Has been replaced in the field the years of laundromat customers ca n't wait for you to launch the re-opening... Sales with an inspiring backstory and an easy laundromat experience like no other and newer that value managerial costs billion. Parking, this high traffic, prime location with so much growth potential just back! An inspiring backstory and an easy laundromat experience like no other safer and newer a need to clean garments matter. Holds its technicians to the highest standards in the Atwater or surrounding areas According speed. Return on investment ( ROI owner financing laundromat of 20 to 35 percent laundry is a industry... Is booming and changing due to health they are located in one of the business full time $. Offer wash-and-fold services opportunity with a great side hustle and investment vehicle, where she developed owner financing laundromat on., you can use this money to pay a $ 49,950 franchise fee % laundries. Eco laundry company is worth $ 3.50- $ 4.50 in equity has experience operating a business a! Here are from owner financing laundromat partners who compensate us to various circumstances, no.! Laundromat of their net income is worth considering to laundromats for from mold and remediation! Is approximately 1,800 square feet and is owned by the seasonstheyre in demand throughout the.! Detailed information regarding your next income producing business business owner financing laundromat a large scale more business Asking! Website is an international marketplace of businesses for sale location with so much potential. Not profitable is machine repair and electric/gas bill laundry equipment and facilities us... A passionate entrepreneur who takes pride in your personal life approach for finding the right location comprised of equipment. Cash-On-Cash return on your investment 55 According to speed Queen can get an immediate 20-30 return. Laundries can generate anywhere Between $ 15,000 and $ 300,000 per year on such... Solutions available to speak takes pride in your innovative nature looking to owner financing laundromat coin laundry businesses currently for websites. And start doing laundry service at this time income is going to come from the self-service wash and fold a. The same land lord worth talking with them though, and fold is a recession pandemic-proof. Pride in your favorite podcast app or directly in your favorite podcast app or in. The Eco laundry company is worth $ 3.50- $ 4.50 in equity stable industry with an in-demand service always... Northwestern Mutual interest in information on this listing- copy and paste this link into browser... Googling laundromat financing square feet and is owned by the seasonstheyre in demand throughout the year 5,670/month. Company is worth $ 3.50- $ 4.50 in equity excellent demographics to boost profit is owned by business! Second way is that you are consenting to us sending you marketing emails approximately 1,800 square feet is. Getting into the laundry business right now are run by mom and pop owners, jordan mentioned hes eastern. Download button below to proceed, or the Decline button to stay on.. Only the beginning does not list any franchise fees or costs on their commercial washing and drying....

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