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Established Laundromat In Providence County, Rhode Island For Sale

Providence County, Rhode Island, US
Asking Price:
$325,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$240,000
Cash Flow:
$52,500

HS Listing ID-72707

Established Laundromat | $240K Projected Revenue | $50K–$55K Cash Flow | Turnkey Operation

$325,000 Asking Price

$240,000 Projected 2026 Gross Revenue

$50,000–$55,000 Projected 2026 Cash Flow

Established laundromat in Providence County, Rhode Island

Approximately 1,600 SF

Open 7 days a week

Wash-and-fold and pickup/delivery services

Approximately 14,000 lbs. of wash-and-fold processed

Existing commercial accounts

Modern card-operated laundry equipment

9 years remaining on lease + 5-year renewal option

Base rent of approximately $1,965/month

Total rent including taxes/CAM of approximately $2,613/month

One full-time employee with 10 years of tenure

Two part-time employees

Owner currently spends approximately 10 hours per week on-site and operates the business remotely

Dedicated delivery expansion opportunity

Significant upside through Google Ads, digital marketing, commercial accounts, and expanded pickup/delivery

2019 Ram ProMaster City van included

Comprehensive equipment package included

Financial and operational information is seller-provided and should be independently verified by the buyer during due diligence.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$23,580 per annum

Size in square feet:
1,600

Business Operation

Reasons for selling:

Other business interests.

Employees:
3

Other Information

Support & training:

Yes.