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Asking Price: $350,000

Semi-Absentee w/Passive Income: Area Developer

Kenilworth, IL
Cook County

This developer territory resale encompasses Cook, Lake, DuPage, and McHenry counties, with a population exceeding 9.1 million people. The territory includes forty-five (45) licenses and currently has a laundromat generating approximately $17,000 per year in passive income. An additional laundromat is scheduled to open soon, while two more are in the final stages of construction. The total price includes a license to open your own laundromat. On average, individual units generate $420,000 per year in revenue and net between $175,000 and $220,000 per year, depending on the degree of in-house financing utilized.As the developer, you will market to your area and qualify potential candidates. Once the Franchise Agreement is signed by the new franchisee, and in collaboration with the corporate team, you will assist in launching the franchisee and periodically monitor their progress throughout the year. The franchise resale is structured to be managed semi-absentee and presents an uncommon opportunity in the current franchise industry.Each new franchisee earns you $24,500. Selling 40 licenses can yield up to $980,000. You also receive 2.75% of the annual revenue per unit. On average, laundromats earn over $420,000 annually.The new owner gets the business manual, corporate website, training, support, marketing material, mentoring, and continuing education. Duties include marketing to potential store owners and working with the franchise company and franchisees to ensure their success.Given the territory's size and the fragmented competition, this is a great opportunity for someone with business acumen, sales and business development experience, and a strong sense of community.

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Cash Flow Not Disclosed
Revenue Not Disclosed
$ Owner Financing Available

Featured Listing
Asking Price: $450,000

Established and Well-Known Laundromat

District Heights, MD
Prince georges County

Unique opportunity to take over a newly renovated laundromat with near new Dexter equipment in an excellent location. The business is ideally situated in a high traffic shopping center with nationally branded neighbors and located on a major thoroughfare. The laundromat has been recently remodeled with features and improvements to include: a NEW HVAC system ($26,000 value), a state-of-the-art computer system, near new Dexter machines (2019), new bathroom and plumbing, complete cosmetic and infrastructure rehabilitation, along with new fans, lighting, and signage.

The laundry is popular with self-service customers and is a fully attended, clean, spacious, and offers ample parking. The laundromat is open until 10pm daily and there are laundry promotions, Wi-Fi onsite, and fully stocked vending machines. The business also offers pick up/delivery and full-service drop off wash, dry, and fold. Same day service is available with a morning drop-off and next day delivery is an option for customers as well. The mix of commercial and residential services has proven to be successful as the recent customer satisfaction and online reviews are very positive. The washers and dryers are near new Dexter equipment that are ready for a new owner. There are 47 washers and 35 dryers on-site along with ancillary equipment like a change machine, soap vending machine, security system, and cash register. All furniture, fixtures, and equipment, including a branded/wrapped delivery van, is included in the asking price. The space itself measures roughly 3,300 square feet with ample parking and lots of room for growth. There is also room to expand advertising and marketing efforts through enhancing the online presence of the business. Don't miss out on this opportunity to own a well-run, turnkey laundromat with an excellent track record.

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Cash Flow $112,682
Revenue $385,320

Asking Price: $1,500,000

High Volume Coin Laundromat

Denton, TX
Denton County

Laundry business for sale. High-volume coin laundry with 19 years of organic growth and an extremely well-maintained workforce in North Dallas, is available for acquisition. This business was established in 2002 by the previous owner, that has built the business from the ground up and has organically grown the operation by keeping all equipment in impeccable condition while providing top-of-the-line services. The business is located in a 3,063 SF freestanding building next to one of the city's busiest roads, with heavy traffic throughout all hours of the day. It is surrounded by numerous retail businesses and restaurants that attract many people to the local area. Outside the local area, the pick-up & delivery vans go around the DFW metroplex servicing many large corporate accounts and any residential area that requested service from their website. Most of the customers are corporate accounts from various locations around the DFW metroplex, with some customers that physically come to the facility for self-service wash & dry. There are several competitors within the immediate market area, but this is the only coin laundry that provides Pickup & Delivery service in this area. Also, this business has a relatively large facility and top-of-the-line equipment compared to other competitors. Sales steadily grew at $690K-$710K over the last several years, with a slight decrease in self-service and an increase in PUD in 2020. COVID-19 dropped self-service and PUD sales initially, but PUD (Pick up & Delivery) was recovered by the end of the year by establishing a large corporate account. As of 2021, the business is now on track to exceed 2020 sales by over 82%, with all three revenue streams fully recovered and growing rapidly. Currently, some online marketing is in place through its website and Google Ads. But more online marketing especially building a social media presence, would generate more revenue and reduce unnecessary marketing expenses. Hiring an additional salesperson or dedicated staff that handles Pickup & Delivery marketing to acquire more corporate accounts will generate more revenues for the business with some added labor. This is a great opportunity to acquire one of the highest volume coin laundries with a top-of-the-line facility for a potential buyer willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the city.

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Cash Flow $323,315
Revenue $795,109

Asking Price: $450,000

Laundromat business-Fully Equipped-Prime Location

Dallas, TX
Not disclosed

For sale: a fully-equipped laundromat with newly replaced machines and a prime central Dallas location is now available!! This well-established laundromat was acquired by the current owner in 2023. All machines are dexter machines that was retooled in 2018 along with three 7 ton A/C units.Situated in a prime location for the industry, this laundromat is surrounded by apartments and duplexes, catering to mid to low-income individuals and families. Despite the presence of competitors, this business has managed to thrive by keeping customers satisfied and returning with highly reliable machines and the most competitive pricing in the area.Under the current owner's management, the business has experienced steady growth in overall revenue. However, there is untapped potential that can be unlocked through proactive marketing efforts, such as flyers, and delivery services . Increased owner involvement and the presence of a full-time owner-operator could also significantly increase cash flow by replacing the current attendant as the attendant takes all the income from wash and fold and retail sales and reduce payroll expenses. There is also a small space that could be utilized to rent out for check cashing that could provide rental income and bring additional foot traffic to the business.Currently operating as a semi-absentee business, the current owner primarily oversees coin-collection while relying on one full-time and one part-time attendant to handle daily operations, customer service, cleaning, and wash and fold services.

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Cash Flow $143,040
Revenue $284,573

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