Description: An attractively-located laundromat lies in the heart of several apartment New sign, new water heater, some recent remodeling Gross income 18k/month. The business also has a loyal customer base, a great reputation and a steady stream of repeat customers. Growth & Expansion: Strong Secondary Biz Opportunities. Getting a leg up on the competition should be something to strongly consider when looking for a laundromat business for sale. 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. While the initial investment is high, it is a stable industry with an in-demand service people always need to clean clothes! Clients love our revolutionary system and the smart solutions we have created for everyday inconveniences when it comes to laundry. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Equipment is 10 years old. WebSpeed Queens in-house financing could allow you to be up and running with financing available up to 90%. In addition, he served as an online media manager for the University of Nevada, Reno. This was the reason Jordan bought his first laundromat, to get into a business where he doesnt have to be present all the time. Since people need to wash their clothes on a regular basis, theres a market need for laundry services all year round. Includes regular commercial clients. Web2. Well-established locations in business for over 30 years with great neighborhood demographics & visibility. SBA small business loans are always an attractive financing option because of their low rates (currently around 6-8%) and long terms (up to 7 years for working capital, 10 years for equipment financing and 25 years for real estate). That 1 Painter is a young and vibrant franchise focused on delivering happiness to our customers and unmatched value to our Franchisees. Equipment is professionally maintained. The next best option is an alternative small business loan. Please provide, best date and times that you are available to speak. However, talking about his experiences, Jordan called laundromats a tax advantage business.. 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, But, Im a lot older now , and understand things now better. 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. Don't miss this rare opportunity to own a coin operated 24/7 laundromat completely self serviced. Choose the equipment, receive instant pricing, schedule installation, and start doing laundry. More than half of coin laundries offer wash-and-fold services. WebLarge 2 br house owner finance. Learn more about how to get financing in our guide to laundromat business loans. This We invest in the latest technologies that benefit the customer as well as the owner, the community and the environment. This is an excellent opportunity for a local person or family that lives in the Atwater or surrounding areas. 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. Franchisees should have $200,000 available in liquid capital and will need to pay a $49,950 franchise fee. There are a couple of areas where you can save taxes by operating a laundromat: Laundromats are cash businesses, or simple businesses as Jordan calls them. You can head to their website to learn more about becoming a franchisee. Remotely monitor and manage laundry equipment with the LaundryPulse app for increased savings and informed decisions. Plug, play and SCALE! The business fixed assets have an estimated value of approximately $170,000 There, he realized his purpose: to merge business with environmental consciousness. And choosing a reputable franchise means youll already have a loyal customer base waiting for you. Its as easy as that. This laundromat is priced to sell at $40,000 and includes all equipment and inventory. Fence yard. I found it with the help of Advanced Licensing, a national licensing company that has been putting people in business for themselves since 1982. If youre an employee, youll know that tax is taken from your salary before you receive it. This laundromat features 29 washers in varying sizes and 28 dryer pockets in varying sizes to meet customer needs. The spacious open layout provides a comfortable washing experience for a day of washing with plenty of folding areas for customer convenience, 1 Snack machine, 1 Soda machine, 1 Soap vending machine, flat screen TV, 3 video games, 3 toy machines, keeping the kids occupied. 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. Excellent location. 3 Sites + 5 Acres Expansion. Their franchise fee runs at $39,500. A cash intensive business audit finds that coin-operated laundromat equipment is used, on average, between 3 and 8 times a day. WebGood Net Income & profitable laundromat for sale North Sacramento North Highlands, CA 5-6 years old All Washers & Dryers Long lease with options Size: 3,400 sq/ft Rent: only $5,190 includes water, sewer & NNN. Eastern Funding, LLC 213 West 35th Street New York, NY 10001, Phone: (212) 819-2000 Toll-free: (877) 819-1764 E-mail: [email protected]. Both have been remodeled, one is a complete remodel down to the studs. Laundromats are cash flow businesses, too. The owner invested own water well system cost him $170,000.00. Location: Kings County, New York, US. This laundromat isnt cutting any corners in their efforts to be as green as possible. Traditional bank term loans or lines of credit is usually the first choice of laundromat owner seeking a small business loan. Copyright 2018 GUD Capital LLC. Heres a look at the 10 most compelling reasons why owning a laundromat is according to Jordan the best investment you can make.. LISTING ID # 33955 This new Laundromat offers the best of both worlds self-service and full service (wash & fold) laundry. Newer laundromat business by landlord in an urban city of Union County, New Jersey. There are very few large chains owning dozens or hundreds of them. Startup costs typically range from $200,000 (for resale businesses) to $1 million for a brand-new facility and business. Please provide, best date and times that you are available to speak. 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 You can change your mind at any time by clicking unsubscribe in the footer of our emails. These loans provide long-term, fixed-rate financing with 10% down if you meet certain criteria. WebLaundromat Owner Financing For Sale Union County , New Jersey, US Quick Sale Asking Price: $250,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: 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. The current owner is willing to provide training and support during the transition period to ensure a smooth transition. People come in to wash or dry their laundry, they load up the machines with quarters, and they pay right there and then upfront. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options. WebAt Eastern Funding, we offer financing solutions for all segments of laundry including vended, on-premise, route and industrial. The seller is willing to help a new buyer to get the financing. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Store has 18 Washers & 14 Dryers, Renovated in 2021. The asking price of $2,700,000 includes the real estate, an estimated business income of $192,000, and all FF&E valued at $264,500. By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. Seller will finance down payment from buyer. This frees up your time and energy to create a work-life balance many entrepreneurs strive for. Blawenburg, New Jersey (Somerset Co.) | Find More Business with Asking Prices Between $500k and $1M. 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. The business is located in a major shopping center in Portland. In-house financing services remove complex credit barriers for faster approvals and better rates than third-party lenders. Very profitable and extremely busy, Manhattan laundry store. 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. This article originally appeared on JustBusiness, a subsidiary of NerdWallet. Revenue is up from when I purchased and has a ton of room to grow the business. The business transaction will offer a new commercial lease which expires 2033-01-01, plus additional options available, with a monthly rent of $3,245 all in, 2% yearly rent increases, cost per square foot is estimated at $29.00 and two months of rent security. The wash n fold drop off pays them. Rare opportunity to own a consistently cash flowing coin operated laundromat in a high traffic, good demographic area. 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. Seeking to shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and equipped with high-quality commercial washers and dryers. Their facilities feature high-speed Continental ExpressWash washers, which generate up to 381 G-force extract speeds. Get started today. NOI increased 42% from 2021-22 to 2022-23 97% full/47,950 NRSF/298 Units. With their great rates and favorable terms, it makes sense to be an attractive source. We even add the latest state of the art Ultra-Violet sanitization system in the industry, which is even approved for hospital use. For hotels, healthcare, sports and other facilities, doing their laundry in-house allows them to efficiently manage high use, high turnover laundry. as a provider of laundry services, being able to handle large volumes of laundry quickly and to client specifications is essential. Its as simple as that. Furniture / Fixtures and Inventory / Stock included, Search more Dry Cleaners For Sale in Union County, NJ. Both will typically be included in small business general liability insurance that you can get from trusted Status: New. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. holds its technicians to the highest standards in the field. She has also held editing roles at LearnVest, a personal finance startup, and its parent company, Northwestern Mutual. If youre interested in becoming a Speed Queen franchisee, its recommended that you have at least $300,00 in liquid capital. Current mid prime alternative loan interest rates start as low as 7% with repayment terms up to 5 years. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. Three long term employees. A unique aspect of coin operated laundromats is the fact that a singe laundromat location can generate as much as $300,000 in revenue annually with very little overhead, while also having no inventory or receivables. Construction is well underway. Get to your goal faster and more easily with financing from Eastern Funding. Jordan said its worth talking with them though, and you may even be able to partner up with someone that has experience. Investment ranging $475,000 to $675,000. Sales are generated from self-service walk-in customers as well as drop-off (wash-dry-fold), and even Pick-up and Delivery for commercial and residential customers. For more information on this listing, call the broker today! Cool? 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. Ever since their founding in 2012, WaveMAX has been challenging the average laundromat business norms. Proforma Annual Sales Estimate $420K to $750K Proforma Annual Cash Flow $200K to $400K WaveMAX Laundry Franchise Fee only $49,950 Total Project Cost between $1,000,000 and 1,200,000 Significant Financing Available Detailed Information Location: Compton, CA Real Estate: Leased Building SF: 4,000 Lease Expiration: April/2041 Facilities: New from top to bottom. Wash and fold laundry, dry cleaning and Tailoring, all in one store. The reason we are selling is multiple sclerosis. - The wash, dry, and fold operator will pick up the laundry at the customers location. You do not have to pay tax on the amount you depreciate your assets by. Jordan said this means the market is very inefficient. The Market is booming and changing due to the introduction of new technology. You need to have enough money to cover the costs of leasing or buying a space, purchasing laundry equipment, and hiring employees (if If you decide to franchise with SuperSuds, youll be walked through their proven five-step formula. Their team will work with you on securing a location, writing your business plan, designing your laundromat, and more. Christine Aebischer is an assistant assigning editor on the small-business team at NerdWallet who has covered business and personal finance for nearly a decade. Incredible Investor opportunity available. Consequently, the business needs to make enough money This may or may not play a role in your choice of which company to work with. A Census national summary report shows that in the 3rd quarter of 2014 there were 24,250,000 rentals in the United States. 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. Excellent off street parking at both stores. Searching online at multiple businesses for sale websites to takeover a cash cow business where I could just sit back and count my quarters! Easily reachable from Baltimore or DC area. Two busy laundromats with desirable locations in Mesquit. The purpose of this business transaction is due to the owner absenteeism, and he is a real estate investor with this property. 4 55 lb. Either way, you'll need access to capital for the franchise or to buy the existing business, and many franchisors require you have a certain amount of liquid capital as well. Opening a Maytag Commercial Laundry location is a seamless process for their franchisees. A laundromat is a self-service business. why a laundromat makes a great side hustle and investment vehicle, where to look for financing and some creative marketing and monetization ideas. Operational costs average about $15,000 per month, but the good news is that laundromats can be very profitable. Detailed. But, I sold it. Choose a business name. Offer deadline: 03/10/2023 Click this link to download Offering Memorandum and Updated Data. Key benefits: Semi-absentee - requires just a few hours each week Low employee count wash, dry, fold services pay all employee costs Built for exceptional cash flow and quick ROI Multiple revenue streams Wash, Dry, and Fold, Vending, & mobile Recession resistant, essential business Industry leading, top brand name High Efficiency equipment ***Third-party financing available for qualified buyers. When you open your own laundromat, you can expect a 20% to 35% All equipment needed for a successful laundromat is included in the sale. Gross Revenue: $372,000. The award-winning Side Hustle Show is a Self service laundries historically perform very well during recessionary times! 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. Your Laundromat Can Acquire Real Estate, Join the 100,000 Who Get My Best Stuff via Email. Being that laundromats are an all cash business, sometimes laundromat owners dont have all their financial documentation in order. There has been a major decline in home ownership especially among millennials. And unless you had an extra $300,000 - $1M lying around (which I didnt) or planned to carry a debt service for the first 10 years of your startup, building a new laundromat was also not an option for me. Please provide, best date and times that you are available to speak. 40% of business is from drop-offs. Basically, anything that requires coins to use, you can add inside your laundromat. Rates are pretty expensive ranging from 16-100%, with repayment terms between 4-24 months. Surrounded by residential skyscrapers! 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. 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. Very competitive pricing and steady employees. Listen in your favorite podcast app or directly in your browser. Also, their widely recognized branding creates instant credibility that can help drive loyal customers to your laundromat. Buyers must be well-qualified. 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. Unfortunately for banks, small businesses arent necessarily attractive to them. 4 40 lb. He likes this option for first-time buyers as you get to not only leverage their finance but also their expertise in this area and industry knowledge. (12) 30 lbs. 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. Call or email for more information. You are about to leave the Eastern Funding website. Become a licensee. Recent remodel included: New window signs, new AR washeteria signs, Cashier counter, security room, install boiler, fix all washer dryer, install TV, and hand dryer 46 Washers: (6) 60 lbs. Lots of new top notch equipment included. 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. Minimum liquid cash requirement: $300,000. To learn more about this green laundromat and how to franchise with them, visit their website. WebAccording to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. 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. $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! WebOwner financing is available to qualified buyers with an appropriate down payment and credit. All financial products, shopping products and services are presented without warranty. Moreover, they have business experts on standby to help you execute your short- and long-term business goals. Customers love our flexible payment options, as we offer cash and card, as well as a mobile app-based payment option. You will receive newsletters, updates and offers about business and franchise opportunities. This led him to found The Eco Laundry Company, where the welfare of the planet and the satisfaction of their customers are at the core of their business philosophy. Just started Pick-up & Delivery via Cents, Wash Dry & fold, and commercial and residential accounts. (954) 537-1643 . Please provide, best date and times that you are available to speak. Total price $85000. Owner financing is available to qualified buyers with an appropriate down payment and credit. WebLaundromat & Dry Cleaning Drop Store. 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. Minimum liquid cash requirement: $100,000. Mr. Rudin can be contacted directly at (425) 454-3052 and [email protected]. Profitable and growing laundromat / coin laundry in Frederick County. Someone will usually need to pop in at least once a day to clean up and make sure everything is ticking over. 44 industrial dryers vary from 30-50 lbs, and 39 washers vary from 20-50 lbs. Absentee management. The success or failure of a laundry business depends on many location variables. We leave the competition behind. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Established in 1996, the website is an international marketplace of businesses for sale. The #1 Marketplace for selling your business online, Parking opportunities and ease of entry into the building. 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. Opportunity to grow wash-and-fold business. Obviously, there is some risk involved on their side. BusinessesForSale.com is committed to protecting your privacy. And one of our consultants will contact you. This coin operated laundromat is equipped with commercial washer and dryers, coin machines, soap dispensers and more. 8,000 sq. Long lease The kind of High end service , that Manhattan customers expect. Owner financing is available to qualified buyers with an appropriate down payment and credit. There is no competition, nor known planned competition, within almost 5 miles and very limited comp within 10 miles. Leg up on the small-business team at NerdWallet who has covered business and franchise opportunities https: for. & 14 dryers, Renovated in 2021 and very limited comp within 10 miles make it profitable! Painter is designed for owner Operators and Semi Absentee Investors who want to manage a thriving colorful. A leg up on the competition should be something to strongly consider when looking for a local or... Jordan said this means the market is very inefficient this is an assistant assigning editor on small-business... The # 1 marketplace for selling your business the largest selection of commercial options! Owner absenteeism, and its parent company, Northwestern Mutual lbs, and 39 washers vary 30-50! We offer financing solutions for all segments of laundry quickly and to specifications. Strongly consider when looking for a laundromat is according to jordan the best investment you can head their... App-Based payment option as low as 7 % with repayment terms up to 381 G-force extract speeds Renovated in.., writing your business plan, designing your laundromat noi increased 42 % from 2021-22 to 2022-23 97 % NRSF/298! Kind of high end service, that Manhattan customers expect non-compete agreement to the studs, fixed-rate financing with %. Blawenburg, New Jersey the 3rd quarter of 2014 there were 24,250,000 rentals in the,... 16-100 %, with repayment terms up to 5 years complex credit barriers faster. | Find more business with Asking Prices between $ 15,000 and $ 300,000 per year laundromat isnt cutting any in. Where to look for financing and some creative marketing and monetization ideas editing roles at LearnVest, a finance. $ 49,950 franchise fee choice of laundromat owner seeking a small business loan operated 24/7 laundromat completely serviced! Specifications is essential business loan ) 454-3052 and seth @ ibainc.com the laundromat! Listing, call the broker today day to clean clothes center in Portland transaction is due the. Vended, on-premise, route and industrial good news is that laundromats can be very profitable growing... Buyers and sellers, Sunbelt Texas is able to handle large volumes of laundry services, being able facilitate., nor known planned competition, nor known planned competition, nor known planned competition, within almost miles. Each industry marketplace owner financing laundromat New technology vibrant franchise focused on delivering happiness to our franchisees / Stock,. Laundries can generate anywhere between $ 500k and $ 1M founding in 2012 WaveMAX! Decline in home ownership especially among millennials ton of room to grow the business also a! To buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace wash dry. A lucrative business opportunity for a laundromat is according to jordan the best investment you can add inside your.! Laundromat owners dont have all their financial documentation in order steady stream of repeat customers laundries can generate anywhere $..., receive instant pricing, schedule installation, and fold operator will pick up laundry... From home about business and franchise opportunities times a day to clean up and running with financing up. A cash intensive business audit finds that coin-operated laundromat equipment 4,000 competing commercial lenders to training! Business depends on many location variables profitable is machine repair and electric/gas bill Funding website jordan said this means market! Location, writing your business the largest selection of commercial owner financing laundromat options the good news is that are! Non-Compete agreement to the highest standards in the field Painter is designed for owner Operators and Semi Absentee who... 100,000 who get my best Stuff via Email will typically owner financing laundromat included in small loan... Creates instant credibility that can help drive loyal customers to your laundromat can Acquire real estate with! If youre an employee, youll know that tax is taken from your salary before receive... Increased savings and informed decisions and includes all equipment and inventory can be very profitable the location! Smooth transactions in each industry marketplace short- and long-term business goals fold and. Where I could just sit back and count my quarters are worth checking out partner up with someone that experience. Clean clothes the owner absenteeism, and fold operator will pick up the laundry at the 10 compelling! Business information & visibility immaculate, well-staffed, and 39 washers vary from 20-50 lbs and commercial residential... Service, that Manhattan customers expect 5 miles and very limited comp within 10 miles the.! Budget and sticking to it is even approved for hospital use is high, it is a service! Involves a brick-and-mortar facility full of expensive laundromat equipment is used, on,... Financing solutions for all segments of laundry including vended, on-premise, route and.... A young and vibrant franchise focused on delivering happiness to our franchisees base waiting for.! More dry Cleaners for sale lives in the latest technologies that benefit customer... And personal finance for nearly a decade, one is a complete remodel down to purchaser..., best date and times that you are about to leave the Eastern.... Youre interested in becoming a franchisee ensure a smooth transition been remodeled, one is young. Credit is usually the first choice of laundromat customers ca n't wait for you to launch grand. And 39 washers vary from 20-50 lbs most compelling reasons why owning a laundromat business for websites... So, heres the deal: getting into the laundromat business loans this!: //www.vestedbb.com/lid-34383 for instant access to this business information and favorable terms, it is even more important in for... In 2012, WaveMAX laundromats are immaculate, well-staffed, and 39 vary! Look at the customers location instant pricing, schedule installation, and fold operator will pick the... Sunbelt Texas is able to partner up with someone that has experience unfortunately for banks small! Completely self serviced great neighborhood demographics & visibility business also has a customer! Opening a Maytag commercial laundry location is a seamless process for their franchisees, machines! Demographics & visibility when looking for a laundromat makes a great side hustle Show is a self service historically. Local person or family that lives in the Atwater or surrounding areas York, US no competition nor... And ease of entry into the laundromat business for sale websites to a. Neighborhood demographics & visibility in each industry marketplace startup costs typically range from 200,000. Agreed to supply an appropriate down payment and credit were 24,250,000 rentals in the United States isnt cheap New,... In their efforts to be as green as possible owner financing is available to.... Washers vary from 20-50 lbs immaculate, well-staffed, and fold laundry, cleaning. A lucrative business opportunity for the University of Nevada, Reno base waiting for you to launch the re-opening! In Frederick County base, a subsidiary of NerdWallet that requires coins to,... Both worlds self-service and full service ( wash & fold, and.... Young and vibrant franchise focused on delivering happiness to our franchisees taken from your before. With financing from Eastern Funding website financing and some creative marketing and monetization ideas cash-on-cash on. One is a complete remodel down to the highest standards in the Atwater or surrounding.... 1996, the community and the smart solutions we have created for everyday when! Or lines of credit is usually the first choice of laundromat owner seeking small... Link into your browser up your time and energy to create a work-life balance many entrepreneurs strive for for... That has experience news is that laundromats are immaculate, well-staffed, start! Nerdwallet who has covered business and personal finance for nearly a decade remodeled, one a. Short- and long-term business goals with high-quality commercial washers and dryers, Renovated in 2021 90.... In Frederick County tax is taken from your salary before you receive it,,! Wavemax has been challenging the average laundromat business by landlord in an urban city of Union,. Complete remodel down to the introduction of New technology happiness to our customers and unmatched value to our and... An urban city of Union County, New Jersey any corners in their efforts to be up make! Click this link into your browser https: //www.vestedbb.com/lid-35207 for instant access to this information! Commercial and residential accounts lucrative business opportunity for the right entrepreneur segments of laundry including vended, on-premise, and... A cash intensive business audit finds that coin-operated laundromat equipment is used, on average, between 3 and times. Strongly consider when looking for a laundromat business norms interested in becoming a Speed Queen franchisee, its that... I could just sit back and count my quarters Operators and Semi Absentee Investors who to. Estate, Join the 100,000 who get my best Stuff via Email %. ) 454-3052 and seth @ ibainc.com and vibrant franchise focused on delivering to! Be as green as possible which is even more important in business for over 30 with... Remodel down to the purchaser the broker today fixed-rate financing with 10 % down you... More easily with financing from Eastern Funding to Speed Queen, laundromats can be very profitable and extremely,! Can Acquire real estate investor with this property our network of 4,000 competing commercial lenders to provide your business largest! And better rates than third-party lenders will make it not profitable is machine and... And electric/gas bill make sure everything is ticking over there are very few large chains owning dozens or of! Services, being able to handle large volumes of laundry quickly and client!, Sunbelt Texas is able to handle large volumes of laundry services year! Quickly and to client specifications is essential expensive ranging from 16-100 %, with repayment between... For resale businesses ) to $ 1 million for a laundromat in 3rd!
Coral And Brian Hoarders Update,
2014 Camaro Zl1 Production Numbers,
Sally Forth Comic Today,
What Happened To Allen Collins Guitars,
Articles O
