Est. 1999 Laundromat With Fluff & Fold

Business Overview:

The company was founded in 1999 to cater to the laundry needs of the Northridge area in California and quickly became a favorite among local residents.

In September 2023, the business was purchased by a new owner who sees potential in enhancing the fluff-and-fold service. The laundromat is designed for customer experience, offering plenty of washing machines and dryers. Comfortable seating allows patrons to relax while their laundry is done, creating a welcoming atmosphere that encourages repeat visits.

The facility provides ample parking and is well-lit, with security cameras and patrols ensuring a safe environment. Amenities include free WiFi and TV screens for customer convenience.

Customer acquisition relies heavily on word-of-mouth referrals, highlighting the laundromat’s strong reputation. This organic growth has been key in maintaining a steady and loyal customer base over the years.

The laundromat offers both self-service and wash-and-fold options, combining convenience, cleanliness, and excellent customer service. The business emphasizes sustainability with energy-efficient machines and biodegradable detergents, appealing to eco-conscious customers who value environmentally responsible services.

The business demonstrated resilience during economic shifts, including the COVID-19 pandemic, by strengthening safety measures and retaining a loyal customer base, ensuring all patrons felt secure using its services.

Laundromats have strong growth potential due to steady demand and loyal customers. With strong organizational, marketing, and people skills, this acquisition presents an exciting opportunity for someone looking to invest in a profitable side hustle while contributing to the community.

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Property Features and Assets:

This business has a leased location of 1,625 square feet with a total monthly rental of $4,490. The seller is active in business with 2 IC employees, and Business Operation is 6:30am-11:00pm, Sunday - Saturday. Included in the asking price are $175,400 on equipment and fixtures and $500 on inventory.

Reason for Selling:

Additional Details:

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