Description Full service Coin Laundromat is open 24/7. Ideal for a business owner who would like to work part time. The Laundromat has 86 total machines, 44 washers, and 42 dryers. This business has been open for 10 years well established and very well known.
Facilities: Leased space, $4500 per month, NNN. 4000 sq ft building on a busy road, located amongst many rental homes and apartments and student complexes. This business is in a large stand alone building and with a stand alone parking area, not a strip mall.
Competition: Competition exists, however, pricing and marketing strategies have helped this business thrive.
Growth/Expansion: Room for expansion by soliciting commercial accounts, venues, and marketing opportunities, especially social media! Marketing and providing drop off laundry services would help grow the business per the owner. Also owner suggests making an arrangement with a local dry cleaner to help grow the business.
If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement). Call Broker for more information.