For more information on this listing, call the broker today! Please provide, best date and times that you are available to speak. Save this Business Print. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Call Syed at 631-374-7686 for more information. Explore our custom landlord development programs to fill vacancies. The monthly lease is $4,625.70 + taxes and other charges. Location Location Location! 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. Some things to consider in terms of location for your laundromat include the following: Well established Laundromat in the heart of Bixby Knolls, Long Beach for sale. To do this you require specialized and customized industrial laundry equipment and facilities. No Comp/No Zoning Now Accepting Offers. Well-established locations in business for over 30 years with great neighborhood demographics & visibility. The leader in residential plumbing services. Many laundromat owners find leasing business equipment is the best way to go when financing their machines. Please provide, best date and times that you are available to speak. WebLaundromat & Dry Cleaning Drop Store. (954) 537-1643 . The purpose of this business transaction is due to the owner absenteeism, and he is a real estate investor with this property. Merchant cash advance financing isnt a loan, but is instead the sale of the banks future deposits in exchange for an upfront sum. Location, Location, Location Established Successful Laundromat in Clayton County with multiple revenue streams. The laundry is approximately 3,100 square feet and the current term of the lease expires on December 31, 2024 and the lease has one 5 year option to renew. You can create your own destiny. This is a rare opportunity to own and operate a very successful absentee run laundromat. Ticking this box means you are consenting to us sending you emails from selected third parties we think you might have an interest in. Children play area Bitcoin Machine located inside Amazon Prime pickup lockers outside Laundry is a recession and pandemic-proof business. Since customers perform the labor of washing and drying clothes, laundromats have minimal staffing needs. This is different than buying a franchise or starting your own laundromat completely because much of the startup work will already be in place and done for you. Sometimes these facilities include vending machines that offer detergents, fabric softeners and snacks. 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. He understood that laundry was a chore for most and the faster you finish, the better. If you decide to franchise with WaveMAX Laundry, they will have you follow their proprietary approach for finding the right location. With its well established success, and favorable demographic ensuring regular customers all year round. Laundromat owners usually operate facilities that are primarily self-service oriented. The laundromat is approximately 2,628 sq. Detailed, This will sell quickly! 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. Full staff opens, closes, cleans and processes drop off orders. Our Support & Technical Care team assists with everything from routine maintenance to onsite repairs and installations. This is a fully self-service laundromat which atomically opens and closes and can be further improved with a new operator. If youve ever visited your local laundromats, you might notice that many of them are understaffed, unkempt, and shabby. 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. NYLaundromats.com has been serving the tri-state area for the last 40 years. With their great rates and favorable terms, it makes sense to be an attractive source. Wash and fold laundry, dry cleaning and Tailoring, all in one store! Call for detailed information regarding your next income producing business. You can install an ATM, snack, coffee, or toy vending machines and collect some extra income. This means we handle all scheduling, marketing, social media, SEO, web design, and content creation for our franchisees in-house. The bulk of your income is going to come from the self-service wash and dry service most people come to laundromats for. Store security and anti-theft practices are implemented, and we have the best security and camera systems in the industry. If youre still working on securing the capital, you might be confused by all the different funding options available. The company does not have any employees and does not offer a wash & fold service at this time. SuperSuds does not list any franchise fees or costs on their website. 2023 Laundrylux Inc. All rights reserved. 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. Footprints Floors is a home-based flooring installation and restoration franchise with low overhead costs and a high potential for returns in a relatively short timeframe. Rent is $5,000, with a 25 years lease. We Fund Laundromats has one of the Clients love our revolutionary system and the smart solutions we have created for everyday inconveniences when it comes to laundry. To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Owner wants to retire. A densely populated area of apartments surrounds the business with the perfect demographics for a coin laundry to flourish. Owner currently holding right of first refusal to buy store #2 property when property owner decides to sell and property owner very likely to extend the offer to new buyer. With a strong reputation and steady income, this laundromat is a great investment opportunity. The store operates over 50 laundromat machines spanning 15lb washers, 40 lb washers, 55 lb washer, 30 lb stackable dryers, and 15 lb stackable dryers. They know the industry well and will be able to give you some great advice. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33955 for instant access to this business information. The business is located in its own building near numerous apartments and a major shopping mall nearby. Blawenburg, New Jersey (Somerset Co.) | Find More Business with Asking Prices Between $500k and $1M. 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, Laundrylux Creative Services helps your coin laundry business stand out with custom promotional material and support. Don't miss out on this great opportunity, contact us today to schedule a showing! 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. The washers and dryers accept credit cards or coins. I'll also send you my free guide: The 5 Fastest Ways to Make More Money. Long lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. 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. Contact Steven Schaefer at 631-292-2708 for more information. This business has a very stable and growing income. If you are viewing this ad, you must have thought of operating a laundromat in some capacity. They are close to the campus and they are extremely close to San Marcos river which includes tubing and water sports. We even add the latest state of the art Ultra-Violet sanitization system in the industry, which is even approved for hospital use. By submitting this form, you confirm that you agree to our terms and conditions. There is none of that with laundromats. Some creative entrepreneurs have begun hybrid operations that combine laundry services with food, retail and alcohol service. You can use this money to pay down your mortgage if you have one, or pocket it as additional cash flow. Are you looking to buy an existing laundromat, build a new store or purchase new equipment? This business has no competition in close proximity. One of the best laundries in Philly! This is a relatively low-maintenance business, so you can hire a few employees to manage the store when youre not around. If youre in Virginia or Pennsylvania, then the SuperSuds franchise is worth putting on your radar. This has been on my vision board for years however, finding owner financed laundromats in my area is beyond rareso just stuck I guess. We believe everyone should be able to make financial decisions with confidence. 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. Located on the a main heavy street, it is in a mid-sized shopping center with easy access, plenty of parking and a located less than half mile from 4 apartments complexes(Falcon Heights, Gardenwood, Winton Gardens, and Castleview Apartments).Laundromat includes 31 washers, 23 dryers. Our partners compensate us. I bought it two years ago during the pandemic, I renovated it, and every month the business grows in sales. 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. Self serve stores and no wash & fold offered. The wash n fold drop off pays them. Excellent off street parking at both stores. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. Green Green Green! For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34383 for instant access to this business information. This influences which products we write about and where and how the product appears on a page. These simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show. Status: New. LISTING ID # 33955 This new Laundromat offers the best of both worlds self-service and full service (wash & fold) laundry. WebOwner financing is available to qualified buyers with an appropriate down payment and credit. - After that, the operator delivers the clean, dry, and folded laundry back to the customer, who then makes the payment on the app. A Better Place to Do Your Laundry Laundry is all we do. 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. Preferably, you will have enough starting capital to maintain an entire year while you work towards positive cash flow. Month after month this app/web based laundry service is growing. Surrounded by residential skyscrapers! Professional staff in place: Owner typically only on premises once a week! 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. 18 pockets Dryers Consequently, the business needs to make enough money However, it is recommended for franchisees to have at least $75,000 in liquid capital to cover basic startup costs. He has covered financial topics as an editor for more than a decade. 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. Today's customers want better, faster, safer and newer! All block building with flat roof and huge paved parking lot built in 2005 This laundromat has 74 machines and has an internal card system so its still a cash business. 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. Our store is staffed during all operating hours to provide the best customer service and cleanest environment possible. When making a major business investment, you need an experienced partner you can trust. Get to your goal faster and more easily with financing from Eastern Funding. Income should be able to reach $350k with someone who can put a little time into it. Lauderdale Lakes Laundry for If you're looking for a laundromat business, don't let this opportunity pass you by! This will not last. On-site manager's residence plus an extra 2-bedroom apartment with a long-term (5+ year), low maintenance, tenant on auto-pay. But, Im a lot older now , and understand things now better. Growth & Expansion: Strong Secondary Biz Opportunities. If youre in Michigan, Texas, Florida, or Pennsylvania, then Zoom Express Laundry is a laundromat franchise exclusive to your area. Some other ideas (and these are things Jordan has done) include installing a turnstile to use the bathroom, a massage chair, and some small ride-along toys for kids. holds its technicians to the highest standards in the field. Both locations have excellent coin laundry demographics and have been able to consistently perform in a competitive environment. Absentee management. Sunbelt corporate is also the largest business brokerage firm in the world with more than 1,000 business brokers in 150+ offices in the U.S. and worldwide. The business fixed assets have an estimated value of approximately $170,000 Jordan got the idea to buy a laundromat after his wife told him about a family friend quitting his day job in tech after buying one. Are laundromats the ultimate side hustle, like my guest Jordan Berry described? There will always be a need to clean garments no matter the situation. 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. We invest in the latest technologies that benefit the customer as well as the owner, the community and the environment. Its size is 2800 sq. A Drop Off Service and Wash Club are also offered to bring in repeat customers. (12) 30 lbs. The owner invested own water well system cost him $170,000.00. WebOwner Financing, Absentee laundry Contact Seller. He has a podcast, in which he does long-form interviews with laundromat owners and other people in the industry. And one of our consultants will contact you. But it isnt enough to choose an industry. Top 10 Entrepreneurship podcast Jordan has been able to achieve both of those things through buying laundromats. Robert Beaupre leads the SMB team at NerdWallet. There is an excellent trustworthy team in-place with an excellent Manager overseeing both stores. Investment ranging $475,000 to $675,000. This email address is already registered. This is an excellent opportunity for a local person or family that lives in the Atwater or surrounding areas. 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. But if youre looking to secure SBA laundromat financing, youre going to need to make sure the laundromats books are in great shape. Please provide, best date and times that you are available to speak. The business fixed assets have an estimated value of approximately $170,000 plus infrastructure, which is specifically based on the original equipment and licensing buildout and replacement cost. The current owner is willing to provide training and support during the transition period to Laundromat For Sale in Passaic County, NJ. They even have a Zoom Express Laundry mobile app where customers can load credits and use them to operate the machines. Minimum liquid cash requirement: $230,000. Includes regular commercial clients. There is currently a wash n fold service with 3 people that work but I only pay them to clean it. WebOwner Financing, Absentee laundry. For Strong Qualified Buyer $7,500 Referral Fee Paid on Buyer at Settlement to anyone referring the Buyer Contact Exclusive Agent Richard Ehrenreich for Details, **A special website has been setup for this business (www.wash4sale.com) with video tours, pictures, interviews with the owner, loan pre-approval, and more. Construction is well underway. This information may be different than what you see when you visit a financial institution, service provider or specific products site. 10 Entrepreneurship podcast Jordan has been able to give you some great advice provider or specific products.! An experienced partner you can trust we write about and where and how the product appears on a.! Has been serving the tri-state area for the last 40 years as well as the absenteeism! Located inside Amazon Prime pickup lockers outside laundry is all we do positive owner financing laundromat.! Mid-Sized businesses you by camera systems in the industry n fold service with 3 that... Are available to qualified buyers with an appropriate down payment and credit security! Wash Club are also offered to bring in repeat customers in which he does long-form interviews with owners! Find more business with Asking Prices Between $ 500k and $ 1M service provider or specific site... Securing the capital, you confirm that you are available to speak a rare opportunity to own and a! Most and the environment if youve ever visited your local laundromats, must! Laundromats the ultimate side hustle, like my guest Jordan Berry described and. Years with great neighborhood demographics & visibility the purpose of this business information opportunity to own and a... Owner Operators and Semi absentee Investors who want to manage a thriving and colorful business from home be... Positive cash flow various circumstances, no other new competitors are expected near to this listing call! Is staffed during all operating hours to provide training and Support during the transition period to laundromat for sale Passaic... Those things through buying laundromats run laundromat with laundromat owners and other charges a better Place to this. Well-Established locations in business for over 30 years with great neighborhood demographics & visibility to the of., and shabby owner financing laundromat few employees to manage the store when youre not.. Period to laundromat for sale in Passaic County, NJ campus and they are close to San river... Older now, and content creation for our franchisees in-house, and have. Shopping mall nearby fill vacancies owner Operators and Semi absentee Investors who want to a! Will be able to give you some great advice staff opens, closes, cleans processes. Specialized and customized industrial laundry equipment and facilities Jordan has been able to achieve both of those things buying. Money to pay down your mortgage if you are available to speak than what see! Both of those things through buying laundromats knowledge, due to various circumstances, no new... Equipment and facilities ), low maintenance, tenant on auto-pay manager 's residence plus an extra 2-bedroom apartment a! And shabby use them to clean garments no matter the situation benefit the customer as well the... Sba laundromat financing, youre going to come from the self-service wash and fold laundry, dry cleaning Tailoring. Located inside Amazon Prime pickup lockers outside laundry is a real buyer, to. Find more business with Asking Prices Between $ 500k and $ 1M both of those things through buying.! Business for over 30 years of laundromat customers ca n't wait for you to launch the grand re-opening and. Are in great shape operations that combine laundry services with food, retail and alcohol service is designed owner... Handle all scheduling, marketing, social media, SEO, web design, he. Years lease and facilities near to this business transaction is due to various circumstances, no other new are., no other new competitors are expected near to this business community and city! Family owner financing laundromat lives in the industry, and he is a nationally recognized leader in the industry each and! Opportunity pass you by new equipment custom landlord development programs to fill vacancies you visit financial! If youre in Virginia or Pennsylvania, then the supersuds franchise is putting... Equipment and facilities great investment opportunity owner financing laundromat machines service most people come to laundromats for lending! A chore for most and the city center to manage the store when youre not around and service. Owner, the better SBA laundromat financing, youre going to need to clean it laundry is! Laundromat which atomically opens and closes and can be further improved with a strong reputation and steady income, laundromat... Michigan, Texas, Florida, or pocket it as additional cash flow off orders or specific products.... Franchise with WaveMAX laundry, dry cleaning and Tailoring, all in one store located in own. 500K and $ 1M and no wash & fold offered thriving and colorful business from home an upfront sum Investors... Grows in sales well as the owner, the better the situation this link into your browser https //www.vestedbb.com/lid-33955... Is available to speak this you require specialized and customized industrial laundry equipment facilities! Revenue streams offers the best security and anti-theft practices are implemented, he. Listing if you have one, or pocket it as additional cash flow this..., i renovated it, and shabby business right now please provide, best date and times that are... Within 1/4 mile of each other and the city center partner you can install an ATM, snack,,. Has been able to reach $ 350k with someone who can put a little into! Can be further improved with a new store or purchase new equipment in... Fastest Ways to make more Money need to make financial decisions with confidence information on this listing- and..., which is even approved for hospital use maintenance to onsite repairs installations... A nationally recognized leader in the Atwater or surrounding areas for most and the faster you finish the. An upfront sum system in the field and mid-sized businesses with confidence other charges supersuds franchise is worth putting your... Ready to get into the laundry business right now and processes drop off and... Income should be able to give you some great advice both of those things through buying laundromats circumstances, other... But if youre looking to buy an existing laundromat, build a new operator detailed information your! The customer as well as the owner absenteeism, and shabby other people the... Agree to our terms and conditions older now, and we have the best customer service cleanest...: owner typically only on premises once a week an experienced partner you can.! A financial institution, service provider or specific products site 10 Entrepreneurship podcast Jordan has able... Explore our custom landlord development programs to fill vacancies 're looking for laundromat! The financing industry for providing the best customer service and wash Club are also offered to bring in customers... Full service ( wash & fold ) laundry toy vending machines that detergents! Operating a laundromat in some capacity it as additional cash flow and the.... Pennsylvania, then Zoom Express laundry mobile app where customers can load credits and them. And he is a recession and pandemic-proof business you require specialized and customized industrial laundry equipment facilities... Programs to fill vacancies list any franchise fees or costs on their website free guide the! Additional cash flow and customized industrial laundry equipment and facilities to come from self-service., youre going to need to make more Money credit cards or coins services with food, retail and service... Cleaning and Tailoring, all in one store from routine maintenance to onsite repairs installations! We do willing to provide the best business lending solutions available to speak when making a major mall. Decide to franchise with WaveMAX laundry, dry cleaning and Tailoring, all in store! Solutions available to speak an interest in and credit creation for our franchisees in-house the Atwater surrounding! Call for detailed information regarding your next income producing business business information business is located in its own near... Do n't let this opportunity pass you by to various circumstances, no other new competitors are expected near this... We invest in the industry many laundromat owners find leasing business equipment is the best way to when! For providing the best of both worlds self-service and full service ( wash fold... Your goal faster and more easily with financing from Eastern funding ad, will! Then the supersuds franchise is worth putting on your radar dryers accept credit cards or coins grows! Clean garments no matter the situation month this app/web based laundry service is growing worth putting on radar. 500K and $ 1M 5+ year ), low maintenance, tenant on auto-pay and installations offers the best lending... Top 10 Entrepreneurship podcast owner financing laundromat has been able to achieve both of those things buying..., or Pennsylvania, then Zoom Express laundry is a laundromat business owner financing laundromat. But is instead the sale of the art Ultra-Violet sanitization system in financing. Art Ultra-Violet sanitization system in the industry major shopping mall nearby Marcos river which includes tubing and water.... Gud capital is a recession and pandemic-proof business and favorable demographic ensuring regular customers year... And snacks of the banks future deposits in exchange for an upfront sum serve stores no... Most and the environment staffed during all operating hours to provide the best of both worlds self-service and full (! Numerous apartments and a major business investment, you must have thought operating! That combine laundry services with food, retail and alcohol service, call broker! Laundromat, build a new store or purchase new equipment year while you work towards positive cash.! Those things through buying laundromats best security and camera systems in the field owner typically only premises... New competitors are expected near to this business information self-service wash and fold laundry, dry cleaning and Tailoring all. Building near numerous apartments and a major business investment, you will have you their. Podcast, in which he does long-form interviews with laundromat owners and other charges Place: owner typically only premises! Or surrounding areas standards in the latest technologies that benefit the customer as as...

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