This well-kept neighborhood laundromat with dry cleaning sits on a busy corridor in a desirable, largely residential area. Located in South Minneapolis, serving the same neighborhood for over 60 years. It is turn-key, with a loyal local customer base, and is ideal for a hands-on owner-operator.
Steady revenue of about $200K a year from self-service laundry, dry cleaning, and wash and fold.
Owned equipment valued at approximately $300K, in a facility upgraded continually over the past 15 years: washers, HVAC, restrooms, lighting, storefront and parking lot.
Clear room to grow: no website, card payments, commercial accounts or marketing in place today.
Asking $299,000, including all equipment. The real estate is available on a five-year lease.
Buyer qualifications: Minimum $250,000 cash down payment required. Owner-operators only.
