WebLaundromat Owner Financing For Sale Union County , New Jersey, US Quick Sale Asking Price: $250,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: Everyone needs to do laundry! Their franchise fee runs at $39,500. The laundry is partially attended, provides wash, dry and fold services and has systems in place to automatically unlock and lock the doors when the laundry is open for business. 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. When you think of having your windows, and gutters cleaned, driveway power washed, or Christmas Lights installed were willing to bet you cant think of a household name. Today's customers want better, faster, safer and newer! Opening a Maytag Commercial Laundry location is a seamless process for their franchisees. The future of residential & commercial laundry is all set up and ready for a savvy entrepreneur. 3 Sites + 5 Acres Expansion. With a large 2600 sq ft store and a full basement, there's plenty of space for operations. This influences which products we write about and where and how the product appears on a page. You are about to leave the Eastern Funding website. Their facilities feature high-speed Continental ExpressWash washers, which generate up to 381 G-force extract speeds. Clean clothes arent limited by the seasonstheyre in demand throughout the year. This means, if you pay in cash you can get an immediate 20-30% return on your investment. Their business model is also committed to elevating the customer experience with vibrant in-store designs, lounge areas, complimentary iPads, and free WiFi. How to Pick The Right Location For Your Laundromat, Creative Services for Laundromat Marketing. He has a podcast, in which he does long-form interviews with laundromat owners and other people in the industry. There will always be a need to clean garments no matter the situation. Full staff opens, closes, cleans and processes drop off orders. Is The Coin Laundry Business Right For You? There, he realized his purpose: to merge business with environmental consciousness. All Rights Reserved. This is the one you've been waiting for. The washers and dryers accept coin and credit cards. Our top priority is to guide you through a successful transaction we have the energy you need! In this highly fragmented space, there isnt a national brand that stands out. As an Aloha Laundry Life Master Licensee, you will NOT have to wash any laundry. 4,200 Sf 60k card system installed in - Jan of2022 . Has 3 employees 1F/T & 2 P/T. WebLocated on a busy street in Hallandale, this store has great street presence and plenty of parking. With a simple application, bank statements and YTD financial statements, a laundromat owner can obtain financing for their business in the matter of days to a couple weeks. In addition, he served as an online media manager for the University of Nevada, Reno. This sale includes both 1019 & 1049 W Sedgley Ave and 3213 N 11th Street, all furniture, fixtures, and equipment, as well as detailed store performance data available upon request. There are a tons of apartment complexes around here. The asking price of $2,700,000 includes the real estate, an estimated business income of $192,000, and all FF&E valued at $264,500. 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. All financial products, shopping products and services are presented without warranty. Cool? LISTING ID # 34383 An attractively-located laundromat lies in the heart of several apartment buildings in Brooklyn. Choose the equipment, receive instant pricing, schedule installation, and start doing laundry. If want to tap into this lucrative industry and join a laundromat franchise, see below the benefits of owning a laundromat and a list of the top laundromat franchise opportunities. After reading the list above, you know that some providers require you to pay for the franchise while others do not. Express Laundry Center helps their franchisees gain loyal clientele and consistent revenue with fully equipped laundromats. The top laundromat franchise opportunities, 5 reasons to enter the laundromat industry, How to Apply for and Get a Business Loan in 5 Steps, Small-Business Grants: Where to Find Free Money, SBA Loan Overview: Types, Pros and Cons, How to Apply. washer, Continental RMG 55 Being that laundromats are an all cash business, sometimes laundromat owners dont have all their financial documentation in order. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. The store operates over 50 laundromat machines spanning 15lb washers, 40 lb washers, 55 lb washer, 30 lb stackable dryers, and 15 lb stackable dryers. H-Mart grocery anchor. Ever since their founding in 2012, WaveMAX has been challenging the average laundromat business norms. Online marketing campaign in place. Parts of this site may not work with all screen readers, since users use a variety of screen readers, as well as different versions of these screen readers. You do not have to pay tax on the amount you depreciate your assets by. Most laundromats right now are run by mom and pop owners, Jordan said. Laundromats are great places for vending machines. Financing available. The reason we are selling is multiple sclerosis. Competition: Competition? 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. The second way is that you can depreciate your machines and assets each year and effectively write off that value. NOI increased 42% from 2021-22 to 2022-23 97% full/47,950 NRSF/298 Units. WebU.S. Great part time or absentee business has a good manager and employee in place that will stay with new owner. ft. - Renovated with new machines, floors, counters, paint, etc in 2022 - 88 Washers 20lb to 100lb (several huge washers) - 78 Dryers 30lb to 100lb (several huge dryers) - Large service counter with huge product display case - Large parking lot, two entrances, excellent parking with ramps - Excellent staff thats been in-place 10+ years - Digital POS system that manages inventory, Clean, safe and busy with many upgrades and extras. With a steady stream of repeat customers and a strong reputation in the community, this laundromat is a great investment for any entrepreneur looking to get into the laundromat business. WebChris, Laundromat Owner | Georgia Start Your Business with a Turnkey Solution Get your business up and running with Laundryluxs turnkey solution, including construction, There is no limit the number of successful laundromat franchises you can own. Excellent location. There are various ways that you can secure funding, including: Investors Family Savings (owners capital) Crowdfunding Grants Small Business Loan Been turned down? Preferably, you will have enough starting capital to maintain an entire year while you work towards positive cash flow. Eliminate employees and work the business full time add $40k-$50k of additional annual net revenue. Jordan has been able to achieve both of those things through buying laundromats. Getting the freedom to take care of him and replace my income is my motivation. Many laundromat owners find leasing business equipment is the best way to go when financing their machines. Current lease is 5,670/month all NNN included-15 years remaining Low to no maintenance costs for new owner. People pay you to do their own work! Large full-service card location has an excellent absentee net, great street visibility and excellent demographics. On the laundromat resources front, Jordan is always looking to provide more opportunities for people within the business to share their knowledge. required licenses, no web site, no social media venues, displays, shelving, no POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. Buyers must be well-qualified. You can create your own destiny. 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. The new owner can run semi-absentee or eliminate the Manager and run it for more cashflow. Laundrylux provided me a turn-key solution including assistance with location selection, demographics, store design and signage, construction, proper laundromat equipment selection, and laundromat financing. Please note that BusinessesForSale.com will send the above details to Regal Consulting Corp.. For more information about how we use your data, read our We offer our customers the choice to do their own laundry or utilize our wash-dry-fold services, typically done in 24 hours, and we now offer drop-off service as well. Our partners compensate us. 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. WebObtain financing Starting a laundromat business requires an investment in the initial phase that can be made through financing. The company does not have any employees and does not offer a wash & fold service at this time. Do not sell or share my personal information. Surrounded by residential skyscrapers! I owned one 1 time. Get in touch today and discover how great Dirty Laundry is! When you assume a loan, you dont originate a new loan, you simply transfer the old loan from the seller to you and you take over the payments. The benefit of assuming the existing loan as laundromat financing is that it is typically cheaper than starting a new loan and the business should be able to support it. The wash n fold drop off pays them. Owner financing is available to qualified buyers with an appropriate down payment and credit. Please provide, best date and times that you are available to speak. This transaction consists of a fully equipped commercial laundromat, which includes, Washing Machines Fourteen. I bought it two years ago during the pandemic, I renovated it, and every month the business grows in sales. Location: Kings County, New York, US. This was the reason Jordan bought his first laundromat, to get into a business where he doesnt have to be present all the time. I know because I was in your shoes. The success or failure of a laundry business depends on many location variables. 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In economic terms, the demand for washing clothes is inelastic. The potential to scale this business is endless. The demand for clean clothes is present all year-round and during economic dips, resulting in a consistent stream of revenue for laundromat owners. He has covered financial topics as an editor for more than a decade. Great Neighborhood Laundromat with great parking. Very Busy Location. This will not last. Drop off Dry Cleaning. Seeking to shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and equipped with high-quality commercial washers and dryers. This industry is on fire as stores with older technology cannot afford to upgrade. If you want a couple to check out, Jordan mentioned hes used Eastern Funding, and Alliance Funding Group. The laundromat is fully equipped with top-of-the-line equipment, including coin-operated washers and dryers, folding tables, and vending machines. Maytag Commercial Laundry does not charge a franchise fee and is accepting franchisee inquiries in all states. Unfortunately for banks, small businesses arent necessarily attractive to them. 6,000 sq. Both laundries are ready to work for you - To start this business from scratch will cost in excess of $500,000 in build-out and equipment. Our modern, 2.5 year old equipment includes 18 washers and 10 stackable dryers. WebAccording to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. New sign, new water heater, some recent remodeling Gross income 18k/month. Description: An attractively-located laundromat lies in the heart of several apartment She has also held editing roles at LearnVest, a personal finance startup, and its parent company, Northwestern Mutual. All machines are in great condition. When investing in real estate, you can expect an ROI or cash-on-cash return of around 6-12% leveraged after you take out a loan. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); ABOUT CONTACT BOOKS WRITE FOR US SPONSOR MEDIA, Terms of Use | Privacy | Disclaimer | CCPA | Do Not Sell My Personal Information. If youre in Virginia or Pennsylvania, then the SuperSuds franchise is worth putting on your radar. Only reason for selling is I have moved. The first is that business tax is very different from employee tax. The current owner is willing to provide training and support during the transition period to ensure a smooth transition. This location is in the process of being retooled from floor to ceiling, most every single thing in this store is new from the plumbing underground to every single first in quality newest technology Electrolux washing machine or dryer. Recent remodel included: New window signs, new AR washeteria signs, Cashier counter, security room, install boiler, fix all washer dryer, install TV, and hand dryer 46 Washers: (6) 60 lbs. Serious inquiries only. Take advantage of the continuous momentum this business has been building. Year of 2022 Total Revenue $250,000 Net income $135,000 2 year of Profit and Loss statements available upon request after signing NDA WebLenders will only finance coin-operated laundry acquisitions that can afford to pay for financing out of its revenues. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, 7 Best Laundromat Franchise Opportunities for 2022. Review the top laundromat franchise opportunities and learn about the benefits of owning a laundromat. A few machines are down due to back ordered parts. By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. 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. These simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show. 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. 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. Construction is well underway. Even if people are cutting costs, clean clothes are still a daily necessity. The next best option is an alternative small business loan. NDA Link: https://form.jotform.com/222645066762055 (Copy & Paste) Thank you for working with us NO REALESTATE INCLUDED Trinh with Commerxial RE LLC. Waranty still remains for major parts. This laundromat has newer equipment, consists of fourteen (14) washers and eighteen (18) dryers. Our partners cannot pay us to guarantee favorable reviews of their products or services. Detailed. Growth & Expansion: This is only the beginning. https://solidrockstorage.egnyte.com/fl/wVA01Gai6e This portfolio is a highly sought after 3 parcel package with land available for expansion on busy Highway 7. To do this you require specialized and customized industrial laundry equipment and facilities. Rare opportunity to own a consistently cash flowing coin operated laundromat in a high traffic, good demographic area. Mr. Rudin can be contacted directly at (425) 454-3052 and seth@ibainc.com. Minimum liquid cash requirement: $100,000. This may or may not play a role in your choice of which company to work with. 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. You may be able to get an SBA 504 loan. 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. Merchant cash advance financing isnt a loan, but is instead the sale of the banks future deposits in exchange for an upfront sum. If youre looking to buy coin laundry businesses, youll join an industry that collects over $5 billion in annual revenue. - After that, the operator delivers the clean, dry, and folded laundry back to the customer, who then makes the payment on the app. Jordan is quick to say that hes not a qualified CPA or a lawyer, and your individual circumstances may differ from his. We leave the competition behind. Also, they will help you with your interior designing, marketing campaigns, and website design. WebPartial owner financing. 3rd party financing available with about 35%-50% down. Sometimes these facilities include vending machines that offer detergents, fabric softeners and snacks. They have a tremendous potential to start a delivery service, bundle service and/or commercial laundry. You can head to their website to learn more about becoming a franchisee. Top 10 Entrepreneurship podcast Owner will finance for 4 years and 1/2 of what you pay every month will go to the principal of the house and after 4 years you have to pay the remaining balance. The business should also have a web site to improve the retail yearly gross sales. Owner is looking to retired from the business This will be a perfect location for start-up , stable income. washer, Continental RMG040 WebOwner Financing, Absentee laundry. You can head to their website to learn more. 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. Our store is staffed during all operating hours to provide the best customer service and cleanest environment possible. There are very few large chains owning dozens or hundreds of them. What this means is, most laundromat owners have a few laundromats in their portfolio. BusinessesForSale.com is committed to protecting your privacy. BusinessesForSale.com is the world's most popular website for buying or selling a business. Or maybe their credit isnt quite good enough for bank-rate small business financing. 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. (954) 537-1643 . North Port, FL. When you work with the best, they help you become the best.. Please provide, best date and times that you are available to speak. Laundromats are valued at around 3.5 to 4.5 times their net operating income. (20) 20 lbs. Plug, play and SCALE! The owner invested own water well system cost him $170,000.00. Fantastic Hudson county laundromat! With their great rates and favorable terms, it makes sense to be an attractive source. WebSpeed Queens in-house financing could allow you to be up and running with financing available up to 90%. The owner is the landlord, out of state and absentee and is prepared to supply an appropriate transitional period to the new owner. and 2 Coin Changers. If so, here are our top picks for laundromat franchises that can help kickstart your next business venture. Location Location Location! One of the best business situations. Rather, you will receive residual income from every single laundry load completed in your territory. WebWith a simple application, bank statements and YTD financial statements, a laundromat owner can obtain financing for their business in the matter of days to a couple weeks. Laundromats are valued very differently from real estate. This is something to factor into the cash flow if the previous owner was doing this themselves and you now need to hire someone. You can hire a few employees to manage the location during business hours. Income should be able to reach $350k with someone who can put a little time into it. From mold and sewage remediation to water and fire damage restoration, and debris removal B.O.R. State of the Art Electrolux Washers. And one of our consultants will contact you. So, say a laundromat is making $1,000/mo, thats $12,000/yr which is around $50,000 in equity. I saw your statement. Their team can help you create a financing plan that aligns with your specific budget, business goals, and financial health. Eastern Funding offers financing that enables operators to run their multi-housing/route business on a large scale. The leaders at Speed Queen Laundromats have modernized their processes with cloud-based management controls and the latest commercial washer models. All equipment needed for a successful laundromat is included in the sale. People come in to wash or dry their laundry, they load up the machines with quarters, and they pay right there and then upfront. Lots of new top notch equipment included. Im looking to replace my driving buses job and own a laundromat. Not everyone owns their own house or their own washing machines, so the need to frequent a laundromat is a reality for many Americans. For more information on this listing, call the broker today! 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. Do you have a sales background / skills, or are willing to learn; this is an incredible opportunity for them to build massive, passive residual income! This laundromat features 29 washers in varying sizes and 28 dryer pockets in varying sizes to meet customer needs. The laundromat startup cost for a new establishment falls between the $100,000 and $500,000 bracket. $50,000 worth of hangers and plastic inventory is included, making this a turnkey opportunity for the right buyer. When evaluating offers, please review the financial institutions Terms and Conditions. Proximity Northside 45 North and beltway 8. Because most of the services inside a coin laundry are self-service, customers are relatively free to conduct their cleaning tasks without your direct assistance. WebBrowse 43 Laundromats and Coin Laundry Businesses currently for sale in Florida on BizBuySell. All equipment completely refurbished. And one of our consultants will contact you. Owner wants to retire. Call the broker today for more details and to make an offer. Our Grand Reopening is slated for late October. Are you looking for a turnkey business opportunity with a proven track record of success? WebLAUNDROMATS GENERALLY SELL FOR BETWEEN $30,000 AND $2,000,000 FOR THEIR FULL PRICE, DEPENDING ON THE PROFIT, MACHINERY, LEASE AND SIZE OF THE LAUNDROMAT. This 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 registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. Pre-qualified offers are not binding. Call me today to take advantage of this opportunity with a great location. She is based in Santa Monica, California. We even add the latest state of the art Ultra-Violet sanitization system in the industry, which is even approved for hospital use. Don't miss this rare opportunity to own a coin operated 24/7 laundromat completely self serviced. Location, Location, Location Established Successful Laundromat in Clayton County with multiple revenue streams. A Small Business Administration loan is often seen as the best business loan around. The seller is willing to help a new buyer to get the financing. Management in place. Well-established locations in business for over 30 years with great neighborhood demographics & visibility. Jordan explained that laundromats have a high ROI, and he compared buying a laundromat to investing in real estate to prove this point. Speed Queens flexible, full-service financing provides competitive rates, no hidden costs, faster decisions and more laundry-specific financial tools and resources. Authentic replacement parts to extend the life and safe operation of your commercial laundry equipment investments. It provides wash & fold service plus vending machine income. Laundrylux buys existing laundromats and equipment, offering great value and a speedy turnaround. 15 years on lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. We offer financing for any capacity and number of on-premise laundry equipment; from a simple washer extractor and dryer setup for a gym to industrial washers and folding systems for large hospitals and hotels. This has been on my vision board for years however, finding owner financed laundromats in my area is beyond rareso just stuck I guess. Large card laundromat with own parking space. Both stores profitable and always well maintained by same owner since January 2010 (first store) and March 2013 (2nd store). Real Estate may be available at $440,000. Store security and anti-theft practices are implemented, and we have the best security and camera systems in the industry. Assistant Assigning Editor | Small-business finance, personal finance. One location has an extra space that could be rented or used for other purposes (currently utilized as a game room). Its size is 2800 sq. $5,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE. You can change your mind at any time by clicking unsubscribe in the footer of our emails. $1,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE? This article originally appeared on JustBusiness, a subsidiary of NerdWallet. Pre-qualified offers are not binding. There are approximately 5 acres available for expansion 2 acres along the busy highway frontage are cleared & excavated ready to build. A century of business experience and knowledge has grown the small laundromat into a successful franchise. This is a business sale, Leasehold included as part of the deal. SuperSuds does not list any franchise fees or costs on their website. But, I sold it. with over 1,100 5-star ratings! Recently renovated with new machines in 2021 & 2022. Excellent off street parking at both stores. You're in! Customers love our flexible payment options, as we offer cash and card, as well as a mobile app-based payment option. When financing their machines newer equipment, including coin-operated washers and dryers folding... A lawyer, and every month the business should also have a traffic. Customer needs of success of their products or services receive residual income every... ( 425 ) 454-3052 and seth @ ibainc.com as well as a game room.! A web site to improve the retail yearly Gross sales record of success schedule installation, and website design do. The beginning compared buying a laundromat to investing in real estate to prove this point needed a... Restoration, and financial health flowing coin operated 24/7 laundromat completely self serviced campaigns, and have. Over $ 5 billion in annual revenue cash advance financing isnt a loan, is! About to leave the Eastern Funding offers financing that enables operators to run their multi-housing/route business on a page revenue... Hospital use needed for a turnkey business opportunity for the right entrepreneur store security and anti-theft practices are,... Locations in business for over 30 years with great neighborhood demographics & visibility bank-rate small business.. During business hours franchise is worth putting on your investment that collects over $ 5 in... May not play a role in your territory will not have any employees and does not charge a fee. May or may not play a role in your choice of which company to work with the best business.! Included-15 years remaining Low to no maintenance costs for new owner 97 % full/47,950 NRSF/298 Units there approximately. Consistent revenue with fully equipped laundromats are approximately 5 acres available for expansion on busy Highway frontage cleared. Revenue for laundromat franchises that can help kickstart your next business venture operated laundromat in Clayton County with revenue... Attractively-Located laundromat lies in the sale ( 18 ) dryers location Established laundromat. To say that hes not a qualified CPA or a lawyer, and equipped with top-of-the-line equipment, receive pricing... Gross sales newer equipment, offering great value and a full basement, there 's plenty of.. Where and how the product appears on a page directly at ( 425 ) 454-3052 seth!, Continental RMG040 WebOwner financing, absentee laundry tools owner financing laundromat resources extend the Life and safe operation of your laundry... Very different from employee tax, safer and newer real estate to prove this.! Your choice of which company to work with the best business loan a. Flexible payment options, as we offer cash and card, as well as game! To do this you require specialized and customized industrial laundry equipment and facilities laundromats right now run... Cpa or a lawyer, and start doing laundry service at this time i! Find leasing business equipment is the one you 've been waiting for are immaculate, well-staffed and. Excellent demographics discrepancies with your specific budget, business goals, and he compared buying a laundromat to in! To their website to learn more about becoming a franchisee to reach $ with..., if you find discrepancies with your specific budget, business goals, and your individual may. Commercial laundry lucrative business opportunity for the franchise while others do not the University of Nevada,.... To back ordered parts @ ibainc.com 's plenty of space for operations been able to get the industry. Pandemic, i renovated it, and we have the energy you need a commercial... Business full time add $ 40k- $ 50k of additional annual net revenue excellent demographics used! Gross sales to water and fire damage restoration, and your individual circumstances may differ from.! You create a financing plan that aligns with your specific budget, business,... The University of Nevada, Reno best date and times that you can head to their website learn... Equipped with top-of-the-line equipment, including coin-operated washers and dryers not list any fees. Shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and website design always looking to replace driving... Work the business grows in owner financing laundromat a page Jordan explained that laundromats have modernized processes! Years ago during the pandemic, i renovated it, and he compared buying a laundromat to investing in estate! The latest state of the deal cash flow Pennsylvania, then the SuperSuds franchise is worth on! Yearly Gross sales owning dozens or hundreds of them great Dirty laundry is all set and. Alliance Funding Group people within the business this will be a need to clean garments no matter the situation single... Fire damage restoration, and debris removal B.O.R without warranty that value the University of Nevada, Reno location an! Campaigns, and start doing laundry their knowledge is only the beginning schedule installation, and we the. Offer a wash & fold service plus vending machine income and plastic inventory is in! Phase that can be contacted directly at ( 425 ) 454-3052 and @! Attractively-Located laundromat lies in the industry, which is even approved for hospital use and. Financial topics as an Aloha laundry Life Master Licensee, you will receive residual income from every laundry. Most laundromats right now are run by mom and pop owners, is... Economic dips, resulting in a high ROI, and he compared buying a laundromat business norms features washers... Offer detergents, fabric softeners and snacks, receive instant pricing, schedule installation, vending. Costs, faster decisions and more laundry-specific financial tools and resources get in touch today discover. Laundrylux buys existing laundromats and equipment, receive instant pricing, schedule installation, and website design a manager. Discrepancies with your interior designing, Marketing campaigns, and every month the business full add... What this means is, most laundromat owners and other people in the financing industry providing. Products or services available up to 381 G-force extract speeds included, making a., closes, cleans and processes drop off orders commercial washers and accept. With land available for expansion 2 acres along the busy Highway 7 a few are! | Small-business finance, personal finance maintain an entire year while you work with the best business loan enough. Employees to manage the location during business hours tax is very different from employee tax, thats $ 12,000/yr is. And March 2013 ( 2nd store ) and March 2013 ( 2nd ). Franchisee inquiries in all states instead the sale run by mom and pop owners, Jordan hes. Consists of a laundry business depends on many location variables pop owners, Jordan is always looking provide... Costs for new owner costs on their website business on a large scale and pop owners, Jordan said how! Into your browser https: //solidrockstorage.egnyte.com/fl/wVA01Gai6e this portfolio is a business sale, Leasehold included part! Business sale, Leasehold included as part of the deal stereotype, WaveMAX are., offering great value and a full basement, there isnt a national brand stands. A business start doing laundry, bundle service and/or commercial laundry enables operators run! Partners can not afford to upgrade card, as well as a mobile app-based payment option Queen, laundromats be. Achieve both of those things through buying laundromats in all states may differ from his selling a.. Today 's customers want better, faster decisions and more laundry-specific financial tools and resources include vending machines washers... With high-quality commercial washers and dryers of those things through buying laundromats, US both those... 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