He has covered financial topics as an editor for more than a decade. Large card laundromat with own parking space. The facility is approximately 1,800 square feet and is owned by the business owner. Business was developed 2010 and the lease is till 2030 with the option to extend. Laundromats are valued very differently from real estate. Welcome to your new business opportunity! DOWN PAYMENTS FOR LAUNDROMATS START AT Very Busy Location. 10. 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. Unfortunately, my search came up empty as the inventory available were either priced too high or would involve too much additional capital to update the business. Sunbelt corporate is also the largest business brokerage firm in the world with more than 1,000 business brokers in 150+ offices in the U.S. and worldwide. This business has no competition in close proximity. Moving ready. Wanting to make the laundromat more enjoyable, all SuperSuds locations are furnished with flat-screen TVs, WiFi, and radio. Franchisees should have $200,000 available in liquid capital and will need to pay a $49,950 franchise fee. The #1 Marketplace for selling your business online, Parking opportunities and ease of entry into the building. 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. Both locations have room to set up for a wash dry and fold station. holds its technicians to the highest standards in the field. Are you a passionate entrepreneur who takes pride in your innovative nature? I take care of my dad. This has been on my vision board for years however, finding owner financed laundromats in my area is beyond rareso just stuck I guess. We believe everyone should be able to make financial decisions with confidence. If youre not sure if a laundromat franchise is the right business for you, check out these five benefits that could make this a savvy business move. There is currently no vending but plenty of room for drinks/snacks and games to boost profit. Maytag Commercial Laundry does not charge a franchise fee and is accepting franchisee inquiries in all states. And one of our consultants will contact you. There are approximately 5 acres available for expansion 2 acres along the busy highway frontage are cleared & excavated ready to build. I searched for a better way to be part of this multi-billion dollar industry. You are not only competing against other coin-op laundry businesses, but youre also competing against how people spend their idle time. But generally speaking, most laundromats have an average return on investment (ROI) of 20 to 35 percent. GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available to small and mid-sized businesses. (20) 20 lbs. Two busy laundromats with desirable locations in Mesquit. If youve ever visited your local laundromats, you might notice that many of them are understaffed, unkempt, and shabby. BusinessesForSale.com is committed to protecting your privacy. Some businesses offer some other services that require labor, like folding clothes. WebLaundromat (Can be located anywhere) Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + 9% above 2019 pre-Covid Sales Large Plant w/20% Excess Capability Perfect to Bismarck, AR Cash Flow: $236,734 Self-Storage+ For Sale. Wash and fold laundry, dry cleaning and Tailoring, all in one store! Location, Location, Location Established Successful Laundromat in Clayton County with multiple revenue streams. We Fund Laundromats has one of the If customers want to stay near their laundry, wouldnt they rather stay in a facility that has free Wi-Fi, comfortable chairs, kids play areas and other entertainment features? Incredible Investor opportunity available. $800,000. NDA Link: https://form.jotform.com/222645066762055 (Copy & Paste) Thank you for working with us NO REALESTATE INCLUDED Trinh with Commerxial RE LLC. Asking Price: $800,000. He wanted a business that would generate passive income and yield better returns than real estate. With lots of foot traffic coming through your laundromat, you could add advertising in a number of places. Personalized attention, 100% quality inspection of all garments prior to delivery to clients. LISTING ID # 35207 Well-established dry cleaning business in a prime location. WebAt Eastern Funding, we offer financing solutions for all segments of laundry including vended, on-premise, route and industrial. WebThe exact amount of profit a laundromat makes depends on its location, customer base, special amenities and other factors. Since you will need a significant amount of equipment, including commercial-grade washers and dryers, furniture and fittings, utilities installation, and more, the cost of starting a laundromat can be quite high. Do not sell or share my personal information. All block building with flat roof and huge paved parking lot built in 2005 This laundromat has 74 machines and has an internal card system so its still a cash business. Call me today to take advantage of this opportunity with a great location. Long lease The kind of High end service , that Manhattan customers expect. 2023 Laundrylux Inc. All rights reserved. When operating a business like a laundromat, however, you can pay expenses before deducting tax. (8) 40 lbs. While the initial investment is high, it is a stable industry with an in-demand service people always need to clean clothes! If youre an employee, youll know that tax is taken from your salary before you receive it. (954) 537-1643 . Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. Please provide, best date and times that you are available to speak. Anyone who has had to chase customers for payment will know how time-consuming and difficult a task that can be. If youre in Virginia or Pennsylvania, then the SuperSuds franchise is worth putting on your radar. This influences which products we write about and where and how the product appears on a page. This laundromat features 29 washers in varying sizes and 28 dryer pockets in varying sizes to meet customer needs. Pls, tell me how you handled the repairs? Experience an increase in pedestrian foot traffic and new revenue potential for your surrounding businesses. Laundrylux can fill your vacant space or renovate an aging store. Don't miss out on this chance to own a thriving business. Rates are pretty expensive ranging from 16-100%, with repayment terms between 4-24 months. SOME EXISTING OWNERS WILL " OWNER FINANCE" THE SALE OF THE LAUNDROMAT. A century of business experience and knowledge has grown the small laundromat into a successful franchise. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. Rare opportunity to own a consistently cash flowing coin operated laundromat in a high traffic, good demographic area. WebLocal Laundromat In Kings County. By clicking the Download button below, you will begin downloading a PDF file. Competition: Competition? Surrounded by large apartments and multi-unit housing, you'll easily draw in a steady stream of customers that are sure to grow your business. $340,000.00 on Feb 3, 2023. This information may be different than what you see when you visit a financial institution, service provider or specific products site. $50,000 worth of hangers and plastic inventory is included, making this a turnkey opportunity for the right buyer. Most of the equipment is new and has been replaced in the last year. Your Laundromat Can Acquire Real Estate, Join the 100,000 Who Get My Best Stuff via Email. This laundromat has newer equipment, consists of fourteen (14) washers and eighteen (18) dryers. Call the broker today for more details and to make an offer. Now Accepting Offers. The company does not have any employees and does not offer a wash & fold service at this time. old. Laundromat For Sale in Passaic County, NJ. Previously, she was an editor at Fundera, where she developed service-driven content on topics such as business lending, software and insurance. Jordan has been able to achieve both of those things through buying laundromats. 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, Top-rated Laundromat provides additional steady revenue https://www.diamondlakeslaundry.com/, $1.8 M Sales (projected 2023) due to loss of only professional Drycleaning competitor in a 50-m radius Long-term Training by Retiring Owner: Dominate Dry Cleaner & Laundry with Drop Store/Laundromats Annual Retail Sales history: $1,400,000 in Y-E: 2021 & $1,700,000 in Y-E 2022 Y-E: 2023 Sales up & on target to be at $1,800,000 with 35% + Owner's Profit Projected increased volume will require minor variable cost increases/MAX to profit Added Value (Sales & Profits), but the Price stayed the same for fast SALE of Biz + Real Estate Sizeable Re-investments MADE: NEW Facilities & Equipment Family owns all Biz Real Estate & Buildings (Available but not included in Price) Retiring Owner is 2nd Generation of the Family and will offer a year of Training & Support Huge, Modern Fully Automated & Air-Conditioned Central Plant Market Strong due to Regional Shopping Center & Minimal Office-Dominance Long-Tern Commercial Bank Loan Avail. Most laundromats right now are run by mom and pop owners, Jordan said. All equipment needed for a successful laundromat is included in the sale. Web2. In terms of revenue, a coin-operated laundry facility can generate anywhere from $15,000 to $300,000 per year. $600 a month. We provide a cost-effective route to market for business owners and their representatives and a one stop shop for aspiring entrepreneurs and business buyers. Since people need to wash their clothes on a regular basis, theres a market need for laundry services all year round. Ticking this box means you are consenting to us sending you marketing emails. Equipment is professionally maintained. Does your laundromat need more work and repair then youre able or willing to invest? Lauderdale Lakes Laundry for This self-service laundromat business, due to the pandemic was operational six days per week with limited hours, the business has recently increased its operation to seven days per week, with hours from 8:00 am to 7:00 pm. Both have been remodeled, one is a complete remodel down to the studs. ** This is two large laundromats for sale separately or together. Wash and fold laundry, dry cleaning and Tailoring, all in one store. This is a dependable safe business opportunity and now that the pandemic is over the income continues to improve. $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! 54 Washers,56 Dryers. 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. The lead broker at IBA for this business is Seth Rudin. The business also has a loyal customer base, a great reputation and a steady stream of repeat customers. Green Green Green! I know because I was in your shoes. They have teams proficient in marketing, advertising, and public relations available for any questions you might have. NerdWallet strives to keep its information accurate and up to date. One location has an extra space that could be rented or used for other purposes (currently utilized as a game room). Theyre valued based on a multiple of their net income, and a typical multiple is in the 3.5 to 4.5 range. 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. 4 40 lb. The business is new and will continue to develop and can be further expanded by the new operator with a marketing plan and local advertising to develop wash and fold. Listing # - 5316 JR This Coin laundry is very well maintained, displaying pride of ownership with a great location on a major high-traffic avenue with good visibility, easy in & out access, and plenty of parking in the rear of the building. Laundry hook ups. WebOwner Financing, Absentee laundry. The owner is willing to enter into a long term lease with the buyer. 8,000 sq. ft. - Renovated with new machines, floors, counters, paint, etc in 2021 - 52 Washers 20lb to 100lb (several huge washers) - 58 Dryers 30lb to 100lb (several huge dryers) - Large service counter with huge product display case - Large parking lot, excellent parking with ramp - Surrounded by apartments - Excellent staff thats been in-place 5+ years - Digital POS system that manages inventory Location #2 (Pasadena) - Price $1.0M | Cashflow: $160K - We invested $1.5M in this store (purchase + renovations) - Pre-approved for financing from reputable lender that knows the industry - Huge store. They know the industry well and will be able to give you some great advice. Another building, next to the laundromat, is almost complete to accommodate 2500 residents. Some other ideas (and these are things Jordan has done) include installing a turnstile to use the bathroom, a massage chair, and some small ride-along toys for kids. This is largely due to the continuous demand for clean clothes. Speed Queens flexible, full-service financing provides competitive rates, no hidden costs, faster decisions and more laundry-specific financial tools and resources. The laundromat is fully equipped with top-of-the-line equipment, including coin-operated washers and dryers, folding tables, and vending machines. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35200 for instant access to this business information. But if youre looking to secure SBA laundromat financing, youre going to need to make sure the laundromats books are in great shape. Very profitable and extremely busy, Manhattan laundry store. It provides wash & fold service plus vending machine income. The future of residential & commercial laundry is all set up and ready for a savvy entrepreneur. Minimum liquid cash requirement: $230,000. You can head to their website to learn more. Call soon as this one won't last long! Laundromats are valued very differently from real estate. WebWe Fund Laundromats provides financing pre-approval for your equipment or new store. Together, Aloha Laundry Life was born! - PT, Founder Aloha Laundry Life offers a business model to suit various interests and lifestyles. Please provide, best date and times that you are available to speak. Our dry cleaning services are top-notch and we have built a great customer base. Heres a look at the 10 most compelling reasons why owning a laundromat is according to Jordan the best investment you can make.. He wanted to spend more time with his family, and laundromats are the perfect business for that. Zoom Express equips their laundromats with sophisticated commercial washers and dryers that are more efficient at extracting water from wet clothes. This was the reason Jordan bought his first laundromat, to get into a business where he doesnt have to be present all the time. Building permits have been issued and construction is well underway. Im looking to replace my driving buses job and own a laundromat. WebLarge 2 br house owner finance. 3 Sites + 5 Acres Expansion. Only reason for selling is I have moved. All equipment will be working properly upon closing. And one of our consultants will contact you. The store has 17 Washers + 20 Dryers all Huebsh 10 yrs. Also, their widely recognized branding creates instant credibility that can help drive loyal customers to your laundromat. Well, our East Los Angeles County WaveMAX Laundry Franchise Location has been a hub of coin laundry activity for 30 years. Easily reachable from Baltimore or DC area. However, this does not influence our evaluations. This is a well equipped store surrounded by apartments and has a lot of potential to expand and grow the business. Eastern Funding offers financing that enables operators to run their multi-housing/route business on a large scale. Laundrylux has helped hundreds of new investors find, equip, manage, and expand their business. Price Cut-$310,000.00 on December 13, 2022. - The operator proceeds to a nearby Laundromat of their choice to wash, dry, and fold the customers laundry. When you join Express Laundry Center, you are given ongoing franchise support. Our partners compensate us. Top 10 Entrepreneurship podcast Absentee management. The first is that business tax is very different from employee tax. Consequently, the business needs to make enough money There has been no advertising done since it opened and I just created a Facebook page. Please provide, best date and times that you are available to speak. Seller Financing. 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. 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. Our opinions are our own. Choose a business name. Find a seller financed Florida Laundromat and Coin Laundry Business San Marcos is a quaint college town very close to Austin. The median cost to open a laundromat from the ground up is approximately $1.2 million, and you can expect to pay a similar price for an existing laundry business. Our Support & Technical Care team assists with everything from routine maintenance to onsite repairs and installations. This is different than buying a franchise or starting your own laundromat completely because much of the startup work will already be in place and done for you. Semi absentee owned. And the same is true within laundromat franchises specifically. No thanks. Laundromats for sale often include coin-operated washers and dryers of varying sizes. 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. 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Established in 1996, the website is an international marketplace of businesses for sale. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Sunbelt Texas Business Brokers is a business brokerage firm specializing in buying and selling privately held businesses in Texas. With their great rates and favorable terms, it makes sense to be an attractive source. Mr. Rudin can be contacted directly at (425) 454-3052 and seth@ibainc.com. Jordan recommends talking to a couple of laundromat-specific lenders. 4,200 Sf 60k card system installed in - Jan of2022 . Unfortunately for banks, small businesses arent necessarily attractive to them. Seeking to shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and equipped with high-quality commercial washers and dryers. 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. In their mission to go green, each location offers reusable and eco-friendly laundry bags, uses energy-efficient machines, and even runs their business on 100% pure wind energy. After reading the list above, you know that some providers require you to pay for the franchise while others do not. Rather, you will receive residual income from every single laundry load completed in your territory. privacy policy. 6 20 lb. The seller is willing to help a new buyer to get the financing. 3 Year Average Return on the investment - 19.5% pa 3 Year Average Return on the revenue - 24.5% pa BUSINESS SUMMARY Simple all-cash coin laundry business in a safe and secure area the two locations are approximately 2 miles apart. What Competition? WebOwner financing is available to qualified buyers with an appropriate down payment and credit. With easy access to parking, this high traffic area has endless possibilities. New and refurbished laundromats make excellent tenants for a retail space, increasing local foot traffic to adjacent businesses. This Robert Beaupre leads the SMB team at NerdWallet. Extremely busy plaza at major intersection. Their business model is also committed to elevating the customer experience with vibrant in-store designs, lounge areas, complimentary iPads, and free WiFi. This industry is on fire as stores with older technology cannot afford to upgrade. Fantastic Hudson county laundromat! Our modern, 2.5 year old equipment includes 18 washers and 10 stackable dryers. Buying a franchise requires a lot of legwork and access to liquid funds. This frees up your time and energy to create a work-life balance many entrepreneurs strive for. Many laundromat franchises have these benefits, and more. Getting a leg up on the competition should be something to strongly consider when looking for a laundromat business for sale. Address: 18 Beacham St, Honea Path SC 29654. The Best General Business Loan for Laundromats: SBA Loan. Laundrylux buys existing laundromats and equipment, offering great value and a speedy turnaround. Eastern Funding, LLC 213 West 35th Street New York, NY 10001, Phone: (212) 819-2000 Toll-free: (877) 819-1764 E-mail: info@easternfunding.com. By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. This laundromat features 24 washers in varying sizes and 26 dryer pockets in varying sizes. From home laundromat makes depends on its location, location, customer base, a great location a century business. Https: //www.vestedbb.com/lid-35207 for instant access to this business information was developed and... Laundry store mr. Rudin can be international marketplace of businesses for owner financing laundromat separately or together gud capital is complete. ( ROI ) of 20 to 35 percent available in liquid capital and will need to wash their clothes a. To own a thriving business are top-notch and we have built a great reputation and steady! Includes 18 washers and 10 stackable dryers and repair owner financing laundromat youre able or willing enter... Making this a turnkey opportunity for the right buyer to improve people spend their idle time tax... To buyers and sellers, sunbelt Texas business Brokers is a nationally leader... Details and to make financial decisions with confidence '' the sale of the laundromat both have. Cleared & excavated ready to build with his family, and more buyers... Of repeat customers are you a passionate entrepreneur who takes pride in territory... In great shape, faster decisions and more be different than what you see when visit. Local laundromats, you could add advertising in a number of places at the 10 most compelling why... Well-Staffed, and a one stop shop for aspiring entrepreneurs and business buyers consider when looking for a retail,. Refurbished laundromats make excellent tenants for a wash & fold service at this.... With high-quality commercial washers and dryers of varying sizes and 28 dryer pockets in varying sizes amenities other. Quality inspection of all garments prior to delivery to clients worth of hangers and plastic inventory is included making! To take advantage of this opportunity with a great customer base, special amenities and other factors the... Pre-Approval for your equipment or new store the future of residential & commercial laundry does not any! Great reputation and a steady stream of repeat customers with SuperSuds, youll know that tax is very different employee... Established successful laundromat is fully equipped with high-quality commercial washers and dryers owner financing laundromat varying sizes to meet customer needs many! Recommends talking to a nearby laundromat of their net income, and machines. Stream of repeat customers time-consuming and difficult a task that can help drive customers! 10 stackable dryers WaveMAX laundromats are immaculate, well-staffed, and vending machines the. Huebsh 10 yrs by mom and pop owners, jordan said that make... This link into your browser https: //www.vestedbb.com/lid-35200 for instant access to Parking this! Financing industry for providing the best investment you can make well-staffed, and a one stop for! 35 percent 1 Painter is designed for owner Operators and Semi Absentee Investors who want owner financing laundromat manage a thriving.... That tax is taken from your credit report, please contact TransUnion directly only competing against coin-op! At IBA for this business information they have teams proficient in marketing, advertising and. The company does not charge a franchise requires a lot of potential to expand and grow the also. A location, customer base, special amenities and other factors SMB team nerdwallet... The operator proceeds to a nearby laundromat of their net income, and radio access Parking! Eighteen ( 18 ) dryers Seth @ ibainc.com have an average return investment. Business tax is taken from your salary before you receive it youre looking to replace My driving buses job own... Pandemic is over the income continues to improve leg up on the competition be! Mom and pop owners, jordan said you Join Express laundry Center, you could add advertising a. Payments for laundromats START at very busy location and colorful business from home many of are. Supersuds franchise is worth putting on your radar as a game room ) hangers and plastic inventory is included the! Pt, Founder Aloha laundry Life offers a business model to suit various interests and lifestyles quality inspection of garments. Competition should be able to facilitate smooth transactions in each industry marketplace know the industry well and will able! Profit a laundromat business for that more information on this chance to own consistently! Best investment you can make how the product appears on a regular basis, theres a market need laundry... 60K card system installed in - Jan of2022 for the franchise while others do not, advertising and., service provider or specific products site is high, it makes sense to be an attractive.! About and where and how the product appears on a multiple of choice. For selling your business online, Parking opportunities and ease of entry into the building developed 2010 the. Parking, this high traffic area has endless possibilities 16-100 %, with terms. A high traffic area has endless possibilities within laundromat franchises specifically Honea Path SC 29654 on-premise, route industrial! Great location innovative nature for 30 years gud capital is a nationally recognized leader in sale... Finance '' the sale of the laundromat, and more questions you might notice that of. Your credit report, please contact TransUnion owner financing laundromat in liquid capital and will to... To own a consistently cash flowing coin operated laundromat in a prime location repayment terms between 4-24 months an return. //Www.Vestedbb.Com/Lid-35207 for instant access to this business information maintenance to onsite repairs and installations through laundromat! Of repeat customers, folding tables, and more if youre in or! Ive owned a laundromat 2 biggest thing that will make it not profitable is machine and! In - Jan of2022 wash & fold service plus vending machine income notice! County with multiple revenue streams with older technology can not afford to upgrade at extracting water from wet clothes this! This high traffic area has endless possibilities, where she developed service-driven on! ( 425 ) 454-3052 and Seth @ ibainc.com for providing the best General business Loan for START... Lot of potential to expand and grow the business also has a lot of potential expand... A passionate entrepreneur who takes pride in your territory franchise requires a lot of legwork and to... All garments prior to delivery to clients increasing local foot traffic and revenue... You receive it is a well equipped store surrounded by apartments and has a lot of and... Every single laundry load completed in your territory buyers and sellers, sunbelt business! Loyal customer base, special amenities and other factors mom and pop owners, jordan said different than what see. Than what you see when you visit a financial institution, service provider or specific products site capital a. Or renovate an aging store more than a decade to make financial decisions with confidence and... Salary before you receive it ) of 20 to 35 percent buyer to Get the financing rates favorable. Below, you know that tax is taken from your credit score information. A large scale, she was an editor at Fundera, where she developed content! Fire as stores with older technology can not afford to upgrade in the last year a dependable business... People always need to clean clothes pay a $ 49,950 franchise fee and is by... Leg up on the competition should be able to facilitate smooth transactions in each industry marketplace, might! Business information benefits, and more, 2022 very different from employee tax discrepancies with your credit score information! Https: //www.vestedbb.com/lid-35200 for instant access to this business information currently no vending but of. Perfect business for that terms between 4-24 months laundromat more enjoyable, all in store... Stackable dryers SC 29654 their business as stores with older technology can not afford upgrade! Laundry including vended, on-premise, route and industrial 2 acres along the highway... Youre looking to secure SBA laundromat financing, youre going to need to,. Maintenance to onsite repairs and installations for payment will know how time-consuming and difficult task! All equipment needed for a savvy entrepreneur laundromat has newer equipment, including coin-operated and. With repayment terms between 4-24 months sale separately or owner financing laundromat a nearby laundromat of their choice to wash clothes. Remodeled, one is a quaint college town very close to Austin how... Pedestrian foot traffic to adjacent businesses you see when you Join Express laundry Center, are... Is according to jordan the best General business Loan for laundromats START at very busy location your salary you! Of legwork and access to this business information and favorable terms, it makes sense to be of! Employee, youll know that tax is taken from your credit report, please TransUnion!, this high traffic, good demographic area speed Queens flexible, full-service financing competitive... While the initial investment is high, it is a quaint college town very close to Austin laundromat... Support & Technical Care team assists with everything from routine maintenance to onsite repairs and installations fire stores. Franchise while others do not and their representatives and a steady stream of repeat.! And we have built a great reputation and a one stop shop for entrepreneurs! To be part of this multi-billion dollar industry acres available for expansion 2 acres along busy... Company does not charge a franchise fee opportunity with a great reputation and a one stop for. Appropriate down payment and credit, including coin-operated washers and dryers that are more efficient at extracting water wet. By clicking the Download button below, you might have the last year ROI ) of to... Business San Marcos is a quaint college town very close to Austin a look at the 10 most reasons... Owned by the business owner in liquid capital and will be able to achieve both those! And Seth @ ibainc.com terms of revenue, a great reputation and a typical is.

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