HS Listing ID-65047
This is a well-maintained, owner-operated laundromat located in a busy plaza in Hampden County, Massachusetts. The facility offers a large parking lot for customer convenience and has been fully upgraded with modern infrastructure.
Asking Price: $490,000Facility Size: Approx. 2,000 SQF (to be confirmed by the owner).
Current rent: $2,076/month with a 2% annual increase.
CAM: $444/month (includes taxes).
3 years remaining on lease with two 5-year renewal options.
Landlord is flexible and willing to negotiate with a well-qualified tenant.
Equipment & Operations:
Total 44 units all refurbished put into service 1.5 years ago.
Total washers 23.
Total dryers 21.
75% of machines are card-operated; the rest are coin-operated.
All new floors, electrical system, plumbing, roof, venting, and water heater.
Nets $100,000 per year.
Grossing $8,500 per week.
Additional Income Streams:
Wash & Fold Services:
Offers wash-and-fold services with a few delivery accounts handled by the owner.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
