Thriving Laundromat in a Prime location!

Are you ready to venture into the thriving world of laundromat entrepreneurship? Independent studies have revealed that about 95% of laundromats succeed over the first few years and are fail-safe, with an average ROI of 30%.

Laundry is time-consuming and has become a burden for people, especially the working-class population. Time constraints due to increasing work pressure and hours restrict people from often doing their laundry. The working-class population has significantly increased over the past few years, contributing to the rising demand for drop-off, wash & fold, express and coin-operated laundries due to their convenience. The rapidly increasing "dual-earner" couples & families mainly drives market expansion. Key consumers of these services include millennials, college graduates, and working professionals.

Key Features:
Established Clientele - Benefit from a solid base of repeat customers FOR LIFE! who appreciate attention to detail and commitment to excellence. The seller initially began in 2009 as coin-op & self-service location. However, there was an increasing demand for drop-off, wash & fold, dry-cleaning and tailoring services over the years, so, the seller has not only listened but adapted & delivered accordingly to the growing customer needs and have thus created a very loyal & repeat customer base. The store is attended; thus, the equipment is well maintained and, more importantly, able to provide both personal and quality customer service. With that, there is no other like this “true all-in-one stop” business, within a 3+ mile proximity.

Prime Location - Key consumers of these services include millennials, college graduates, and working families – the business is located just off the bustling “Center of Town,” home to thousands of retail & service businesses, trendy restaurants, banks, major national franchises, major colleges and so much more, on top of thickly populated residences.

Fully Equipped Facility - Step into a turnkey operation equipped with top of the line, commercial grade washers and stack dryers, with the addition of wash & fold, dry cleaning, self-service / coin-op and tailoring services.

This is an attended Laundromat. Why Attended? - Attended laundromats can offer more personalized service, proper machine operation assistance, which helps reduce costs of repair & maintenance, and additional services like wash and fold. Unattended laundromats are more convenient and flexible for customers, but they can have challenges like security concerns, vandalism, higher equipment malfunction and failure rates, which lead to high repair and maintenance costs.

****All Interested Parties MUST complete & return the attached NDA