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Strategically located in Williston, ND, which is a temporary home for over 100,000 laborers who migrate to the region for work in the agriculture, fields, and energy industries, and reside in temporary homes who need the access to do laundry. This 3,600 sq ft facility offers self-service laundry, shower facilities and drop-off services where employees will wash, dry and fold laundry for the customer. The owner lives out of state and only visits a few times a year. The business has 1 general manager along with 4-5 laundry techs. This spacious laundromat was established in 2012 and competition in the area is very low. The pay-per-load machines utilize a card service as opposed to cash and coin which is much more secure and safe, especially for the out of-state owner. Included in the purchase price is over $474,000 in hard assets. An SBA lender has pre-approved this deal structure. North Dakota is ranked 2nd, after Texas, as the highest oil producing state. Due to this fact, many oil companies will send swathes of contractors to this area and this business is noted as a preferred laundromat for their employees. Priced at $769,000, a 15% down payment of $115,350returns $108,294 in the first year after debt payments! Plus, the owner is offering a 10% promissory note and 6 months of training, as a sign of good faith. This activity has brought the business to a 41% profit margin. A new owner could boost revenue by offering starching and dry-cleaning services or by offering pick up services in the area and nearby towns.
Apricot Lane Boutique is the #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable prices, and ultimately win extremely loyal fans. Find out more by requesting information today!
• $250,000 DOWN •Financing options available• Semi-Absentee Ownership - perfect for the Investor! • Absolutely no prior Laundromat & Dry-Cleaning experience is needed.• GREAT for the NEWBIE/INVESTOR just getting started in this Industry!! • Training and support are provided. • Multiple Revenue Streams: In Store Drop-off for Wash/Dry/Fold Service as well as Dry Cleaning service.  Pick-up and delivery service for Residential and Commercial accounts for Wash/Dry/Fold Service and Dry-Cleaning Service & much more! • E-2 Visa friendly -- FINANCING NOT AVAILABLE FOR THIS OPTION.~ No Brokers Please ~
As a FranServe franchisee, earn money helping people buy a franchise. Work full or part time from a home office. Comprehensive training and support provided. Learn more about the costs, benefits, and available locations today!
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