San Francisco Coin-Operated Laundromat with 30+ Year History

Seller Financing Available

BUSINESS OVERVIEW

This established coin-operated laundromat has been a staple in northeast San Francisco for over 30 years, serving a loyal customer base in a safe, residential area. The current owner, who purchased it in 2022, is now retiring and relocating. This laundromat boasts excellent customer reviews on Google and Yelp, reflecting its reputation for reliability and convenience. Operating with no employees, the owner spends only 1-2 hours daily on upkeep, although a custodian could be hired to make this a mostly absentee business. The laundromat features 14 washers (5 front-loading 20-lb, 2 front-loading 30-lb, and 7 top-loading) and 5 dryer stacks (10 dryers total), all Speed Queen equipment, in excellent condition.

UNIQUE SELLING POINTS

Strong Customer Demand: The laundromat is centrally located in an area with many multi-family residences and older apartments lacking in-unit laundry.

Competitive Advantage: This facility is well-known locally, drawing consistent traffic from nearby residents who value its convenience and quality.

Reputable Brand: High customer satisfaction and strong local reputation, with numerous positive reviews on Google and Yelp.

STRENGTHS AND STABILITY

Financially Stable and Simple to Operate: Limited involvement from the owner is needed, with the option for a custodian for added convenience.

Maintained Equipment: All Speed Queen machines are in good working order, with some purchased as recently as 2022.

Customer-Ready Facility: Excellent reputation and convenience for area residents make it a reliable income source.

GROWTH AND EXPANSION OPPORTUNITIES

Service Expansion: Adding wash-and-fold services could provide significant additional revenue.

Digital Presence: Creating a website or social media profile could increase visibility, especially for search engine results, further driving foot traffic.

Scalability: This laundromat is ideal for an owner seeking a low-touch investment with the potential for expansion through ancillary services.

BUYER TRANSITION AND SUPPORT

The current owner will provide up to 20 hours of training (10 hours per week for 2 weeks) to ensure a smooth transition, making this business accessible to new owners without prior laundromat experience.

SUMMARY OF KEY FINANCIALS

Financial details, including utility costs, will be available during due diligence. The owner will provide water and electricity bills to verify performance.

CONFIDENTIALITY AND NEXT STEPS

Interested buyers should contact the listing broker. Additional information will be provided after signing a non-disclosure agreement.