This is a great laundromat for someone looking to break into the laundromat market at a very affordable price point. Located on the corner of two busy streets, in an area with high visibility, and is conducive to laundromat customers. Laundromat needs some upgrades, but would be a great way to build equity while enjoying the benefits of being your own boss and building a recurring revenue stream in a business that was deemed a necessary business during the pandemic. Also, Laundromats have one of the highest success rates of all businesses.
Being an “all-cash” business, traditional bank financing is not available; we have a non-collateralized lender who may finance the purchase with their In-house funding program with approved terms and credit of the individual. Any potential buyers will have to be prequalified, have proof of funds or a letter of credit, before the information packet will be sent.
