owner financing laundromat

Plus, laundry care continues to be a growing industry. A few machines are down due to back ordered parts. Clients love our revolutionary system and the smart solutions we have created for everyday inconveniences when it comes to laundry. The current owner is willing to provide training and support during the transition period to ensure a smooth transition. That 1 Painter is a young and vibrant franchise focused on delivering happiness to our customers and unmatched value to our Franchisees. Look no further than this well-established laundromat located in a high-traffic area. Please provide, best date and times that you are available to speak. The new owner can run semi-absentee or eliminate the Manager and run it for more cashflow. WebCoin Laundry Equipment Financing - Laundry Owners Warehouse Supplies Get Pre-Approved New Equipment Financing Made Simple New Equipment 100% Financing Fixed rates from 4.49% to 7.5% Up to 8 year term Installation & Delivery Included Used Equipment 100% Financing Fixed rates from 7.5% Up to 7 year term Installation & Delivery Included Startup costs typically range from $200,000 (for resale businesses) to $1 million for a brand-new facility and business. 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. Current lease is 5,670/month all NNN included-15 years remaining Low to no maintenance costs for new owner. If youre in Michigan, Texas, Florida, or Pennsylvania, then Zoom Express Laundry is a laundromat franchise exclusive to your area. When making a major business investment, you need an experienced partner you can trust. Be the next to join our team of 70 Franchisees and 150 locations sold nationwide. privacy policy. Along the way, hes become an advocate for the industry through his website and podcast at LaundromatResource.com. 4 30 pound, Continental Express Dry, KTT30 All financial products, shopping products and services are presented without warranty. 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. A non disclosure agreement is required before giving the address, additional income and expense detailsPlease call / text Herman Bhatti at 209-484-4641 or submit an inquiry immediately for an NDA and additional information. With an extensive presence across the country, Best Option Restoration (B.O.R.) Many or all of the products featured here are from our partners who compensate us. When you open your own laundromat, you can expect a 20% to 35% ROI with a 95% success rate. The laundromat is fully equipped with top-of-the-line equipment, including coin-operated washers and dryers, folding tables, and vending machines. Includes regular commercial clients. I'll also send you my free guide: The 5 Fastest Ways to Make More Money. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33955 for instant access to this business information. Are laundromats the ultimate side hustle, like my guest Jordan Berry described? I didnt have a problem with manning or cleaning it up, just the repairing the washers & dryers and I should have closed it nightly too. Easy to manage business, ideal for starters and investors. To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. You can create your own destiny. Proximity Northside 45 North and beltway 8. A densely populated area of apartments surrounds the business with the perfect demographics for a coin laundry to flourish. Both have been remodeled, one is a complete remodel down to the studs. This profitable coin-operated laundry is situated in an ideal location within a strip center and provides great visibility for the laundromat industry. With a franchise, youre backed by a widely recognized brand, you often receive business support from the franchisor, and you have the convenience of following a proven business plan. But, Im a lot older now , and understand things now better. Month after month this app/web based laundry service is growing. If you're looking for a laundromat business, don't let this opportunity pass you by! One of the best business situations. Web2. Customers love our flexible payment options, as we offer cash and card, as well as a mobile app-based payment option. WebLaundromat Owner Financing For Sale Union County , New Jersey, US Quick Sale Asking Price: $250,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: The success or failure of a laundry business depends on many location variables. When you open your own laundromat, you can expect a 20% to 35% All financial products, shopping products and services are presented without warranty. 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! Gross Revenue: $372,000. To help you out, weve written a guide on the top franchise financing options to get your laundromat franchise up and running. 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. Sunbelt Texas Business Brokers is a business brokerage firm specializing in buying and selling privately held businesses in Texas. Obviously, there is some risk involved on their side. I know because I was in your shoes. I just dont have the energy, due to health They are located in one of the fastest growing counties in Texas. Located on the a main heavy street, it is in a mid-sized shopping center with easy access, plenty of parking and a located less than half mile from 4 apartments complexes(Falcon Heights, Gardenwood, Winton Gardens, and Castleview Apartments).Laundromat includes 31 washers, 23 dryers. Footprints Floors is a home-based flooring installation and restoration franchise with low overhead costs and a high potential for returns in a relatively short timeframe. They also offer complimentary WiFi to customers waiting for their laundry to finish. Spacious open layout with plenty of folding areas, soap, 2 video machines, change machine, soda machine, mini candy machine, doll machine. He wanted to spend more time with his family, and laundromats are the perfect business for that. You may be able to get an SBA 504 loan. And the same is true within laundromat franchises specifically. Buying a franchise requires a lot of legwork and access to liquid funds. 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. Speed Queen's initial franchise fee is $30,000. You're in! Price Cut-$310,000.00 on December 13, 2022. Obtain financing You need capital to start and run a business. Very competitive pricing and steady employees. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. 26 Dryers: (4) Large (22) Medium *Dryers are stacked- 2 pockets in one dryer Signed NDA and Proof of funds are REQUIRED prior to location visit. Their facilities feature high-speed Continental ExpressWash washers, which generate up to 381 G-force extract speeds. Rare opportunity to own a consistently cash flowing coin operated laundromat in a high traffic, good demographic area. There are a couple of areas where you can save taxes by operating a laundromat: Laundromats are cash businesses, or simple businesses as Jordan calls them. After reading the list above, you know that some providers require you to pay for the franchise while others do not. 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, Today's customers want better, faster, safer and newer! The second way is that you can depreciate your machines and assets each year and effectively write off that value. Only reason for selling is I have moved. Three long term employees. Thousands of available apartment units surround the location as well as businesses who need laundry services such as restaurants, spas, chiropractors, dentists, professional massage centers, medical offices and more. Blawenburg, New Jersey (Somerset Co.) | Find More Business with Asking Prices Between $500k and $1M. Location Location Location! The current owner is willing to provide training and support during the transition period to washer, Continental EH020 Are you convinced that the laundromat industry is right for you? Jordan said there are a couple of different business models most laundromats use, which are: Unattended laundromats are exactly how it sounds, no one is attending them. BusinessesForSale.com is committed to protecting your privacy. Before joining NerdWallet, he served as senior editorial manager of QuinStreet's insurance sites and managing editor of Insure.com. That 1 Painter, founded in 2011 by CEO Steven Montgomery, is the fastest-growing painting franchise in the nation. Franchisees should have a minimum of $100,00 in liquid capital. Jordan got the idea to buy a laundromat after his wife told him about a family friend quitting his day job in tech after buying one. When you own a laundromat you are leasing the space where its situated and paying rent to yourself. Contact Steven Schaefer at 631-292-2708 for more information. Please provide, best date and times that you are available to speak. Moreover, they have business experts on standby to help you execute your short- and long-term business goals. It provides wash & fold service plus vending machine income. Their business model is also committed to elevating the customer experience with vibrant in-store designs, lounge areas, complimentary iPads, and free WiFi. Two busy laundromats with desirable locations in Mesquit. Established Neighborhood Laundromat for sale in NJ. Don't miss out on this chance to own a thriving business. NDA Link: https://form.jotform.com/222645066762055 (Copy & Paste) Thank you for working with us NO REALESTATE INCLUDED Trinh with Commerxial RE LLC. Call or email for more information. WebLocated on a busy street in Hallandale, this store has great street presence and plenty of parking. washer, Continental RMG 55 Most of the equipment is new and has been replaced in the last year. Explore our custom landlord development programs to fill vacancies. Their franchise fee runs at $39,500. Jordan has been able to achieve both of those things through buying laundromats. Opportunity to grow wash-and-fold business. There are plenty of advantages and disadvantages of franchising overall. In terms of laundromats, Jordan is always on the hunt for more great deals. 8,000 sq. WebWe Fund Laundromats provides financing pre-approval for your equipment or new store. 3rd party financing available with about 35%-50% down. $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! with over 1,100 5-star ratings! 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. Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. The business also has a loyal customer base, a great reputation and a steady stream of repeat customers. If you do happen to get a traditional loan or line of credit from a bank (who only approve 1 in 4 small business loans) you will like obtain rates between 5-10% with repayment terms ranging from 1-10 years. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Established in 1996, the website is an international marketplace of businesses for sale. WebThe exact amount of profit a laundromat makes depends on its location, customer base, special amenities and other factors. They do everything they can to save their customers time and energy. We help our owners grow and dominate their market by providing the tools and support necessary in this thriving home services market. Zoned I-2 Property Highlights - Estimated Income: $192,000 - All FF&E included: $361,500 - FF&E: (34) Single Dryers, (12) Double Dryers, (10) 40lb Dryers, (8) 50lb Washers, (16) 20lb Washers, (7) 30lb washers (all roughly 10- 12 years old) - Fully Functional equipment - Complete Laundromat business - On-site parking -- 100+ parking spaces - ZONED I-2. 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. Key benefits: Semi-absentee - requires just a few hours each week Low employee count wash, dry, fold services pay all employee costs Built for exceptional cash flow and quick ROI Multiple revenue streams Wash, Dry, and Fold, Vending, & mobile Recession resistant, essential business Industry leading, top brand name High Efficiency equipment ***Third-party financing available for qualified buyers. Incredible Investor opportunity available. When operating a business like a laundromat, however, you can pay expenses before deducting tax. Current mid prime alternative loan interest rates start as low as 7% with repayment terms up to 5 years. This is a dependable safe business opportunity and now that the pandemic is over the income continues to improve. Detailed. Mr. Rudin can be contacted directly at (425) 454-3052 and seth@ibainc.com. Please Answer these Questions In Comments Section: Describe your business background, the type and size business you seek, your investment capability, (no owner financing), and your interest in this business. On the laundromat resources front, Jordan is always looking to provide more opportunities for people within the business to share their knowledge. The laundry has plenty of parking right in front of the business. Robert Beaupre leads the SMB team at NerdWallet. Wash and fold laundry, dry cleaning and Tailoring, all in one store! This We pride ourselves on having the cleanest, safest, and well-kept laundromat in town. Self service laundries historically perform very well during recessionary times! The reason we are selling is multiple sclerosis. 10.88 Total Acres from 3 facilities all within 1/4 mile of each other and the city center. Choose a business name. Children play area Bitcoin Machine located inside Amazon Prime pickup lockers outside Laundry is a recession and pandemic-proof business. 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. That 1 Painter harnesses the power of parent brand, ResiBrands which includes ResiConnect, our in house Appointment Center, and ResiCreative, our in house Marketing and Creative team. WebAccording to Speed Queen, laundromats can be a lucrative business opportunity for the right entrepreneur. If you own a business and are considering selling, visit our Sell a Business section. Serious inquiries only. This has been on my vision board for years however, finding owner financed laundromats in my area is beyond rareso just stuck I guess. View Similar Listings. The laundromat startup cost for a new establishment falls between the $100,000 and $500,000 bracket. Getting the freedom to take care of him and replace my income is my motivation. Our modern, 2.5 year old equipment includes 18 washers and 10 stackable dryers. In addition, he served as an online media manager for the University of Nevada, Reno. And one of our consultants will contact you. Profitable and growing laundromat / coin laundry in Frederick County. To learn more about this green laundromat and how to franchise with them, visit their website. Has 3 employees 1F/T & 2 P/T. Location #1 (I-10 & Federal) - Price $1.3M | Cashflow: $250K - We invested $1.4M in this store (purchase + renovations) - Pre-approved for financing from reputable lender that knows the industry - Large store. Passaic County, NJ. Great part time or absentee business has a good manager and employee in place that will stay with new owner. For more information, please call or text Nadir Jiddou at 248-220-3274. Self serve stores and no wash & fold offered. Laundrylux can fill your vacant space or renovate an aging store. The laundry has plenty of parking right in front of the business. Jordan is quick to say that hes not a qualified CPA or a lawyer, and your individual circumstances may differ from his. Investment ranging $475,000 to $675,000. H-Mart grocery anchor. For more information about becoming a franchisee with this innovative brand, check out their website. The leaders at Speed Queen Laundromats have modernized their processes with cloud-based management controls and the latest commercial washer models. 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. Moving ready. Surrounded by residential skyscrapers! 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. Operated by employees with owner's involvement in cash collection. pls , reply if you ,would love to hear how you handle the repairs. Operational costs average about $15,000 per month, but the good news is that laundromats can be very profitable. LISTING ID # 34383 An attractively-located laundromat lies in the heart of several apartment buildings in Brooklyn. Rated 5 stars by its loyal customers. Please provide, best date and times that you are available to speak. Newer laundromat business by landlord in an urban city of Union County, New Jersey. - The wash, dry, and fold operator will pick up the laundry at the customers location. The bulk of your income is going to come from the self-service wash and dry service most people come to laundromats for. Opening a Maytag Commercial Laundry location is a seamless process for their franchisees. Lead Assigning Editor | Small business finances, investing, banking. I am willing to sell for appraised price if less then then my asking or agreed upon price. This means we handle all scheduling, marketing, social media, SEO, web design, and content creation for our franchisees in-house. Find a seller financed Florida Laundromat and Coin Laundry Business Experience an increase in pedestrian foot traffic and new revenue potential for your surrounding businesses. North Port, FL. Some companies will only finance people with experience running a laundromat. Great Neighborhood Laundromat with great parking. 4 55 lb. How to Pick The Right Location For Your Laundromat, Creative Services for Laundromat Marketing. is a leader in the restoration industry. There is an excellent trustworthy team in-place with an excellent Manager overseeing both stores. Jordan explained that a lot of laundromat owners are willing to finance the sale of their business. Laundromat owners usually operate facilities that are primarily self-service oriented. The Best General Business Loan for Laundromats: SBA Loan. With a strong reputation and steady income, this laundromat is a great investment opportunity. So, say a laundromat is making $1,000/mo, thats $12,000/yr which is around $50,000 in equity. Please contact for more information Susan Hoang - Listing Agent 713 584 9696 (text only). All Rights Reserved. holds its technicians to the highest standards in the field. Together, Aloha Laundry Life was born! - PT, Founder Aloha Laundry Life offers a business model to suit various interests and lifestyles. Location, Location, Location Established Successful Laundromat in Clayton County with multiple revenue streams. It's especially true when you buy a laundromat franchise. You can pick up where the previous owner left off and start collecting quarters the next day. 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. With its well established success, and favorable demographic ensuring regular customers all year round. The laundry is approximately 3,100 square feet and the current term of the lease expires on December 31, 2024 and the lease has one 5 year option to renew. 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. Find out more about what we do with your information in our privacy policy. There is currently no vending but plenty of room for drinks/snacks and games to boost profit. (20) 20 lbs. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Owner currently holding right of first refusal to buy store #2 property when property owner decides to sell and property owner very likely to extend the offer to new buyer. Full staff opens, closes, cleans and processes drop off orders. Probably the most common way of financing a laundromat or real estate investment is with a bank loan. Competition: Competition? This is because its in their interest to have you purchasing a laundromat and their machines. laundromats experience an average cash-on-cash return on investment of 20-35% Coin laundries can generate anywhere between $15,000 and $300,000 per year. Also state what your time frame is. Long term lease remaining. You will receive newsletters, updates and offers about business and franchise opportunities. Minimum liquid cash requirement: $300,000. Rather, you will receive residual income from every single laundry load completed in your territory. The monthly lease is $4,625.70 + taxes and other charges. Traditional bank term loans or lines of credit is usually the first choice of laundromat owner seeking a small business loan. This is a turn-key laundry service business that provides high quality and an easy laundromat experience like no other. App Pay Payment System. Location: Kings County, New York, US. And one of our consultants will contact you. The seller's net cash flow, after paying all the expenses, is $275,000 a year. Zoom Express equips their laundromats with sophisticated commercial washers and dryers that are more efficient at extracting water from wet clothes. Zoom Express Laundry breaks away from the traditional coin-operated payment systemtheir laundry machines now accept cards and mobile payments. Learn more about how to get financing in our guide to laundromat business loans. Financing available. Lots of new top notch equipment included. And choosing a reputable franchise means youll already have a loyal customer base waiting for you. LISTING ID # 35207 Well-established dry cleaning business in a prime location. 10. Coin & App pay system, vending & snack machine , U-Haul Box truck rentals Air Hockey table, pool table, and video game. Heres a look at the 10 most compelling reasons why owning a laundromat is according to Jordan the best investment you can make.. The owner is willing to enter into a long term lease with the buyer. The award-winning Side Hustle Show is a Equipment is professionally maintained. The business fixed assets have an estimated value of approximately $170,000 plus infrastructure, which is specifically based on the original equipment and licensing buildout and replacement cost. Pre-qualified offers are not binding. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options. The business transaction will offer a new commercial lease which expires 2033-01-01, plus additional options available, with a monthly rent of $3,245 all in, 2% yearly rent increases, cost per square foot is estimated at $29.00 and two months of rent security. I agree if you, as a owner place in the right location and keep it clean it will make you money. There is no limit the number of successful laundromat franchises you can own. However, there are many services you can offer and ways to generate additional income streams. Owner is looking to retired from the business This will be a perfect location for start-up , stable income. 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 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. $340,000.00 on Feb 3, 2023. Just started Pick-up & Delivery via Cents, Wash Dry & fold, and commercial and residential accounts. 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. This is something to factor into the cash flow if the previous owner was doing this themselves and you now need to hire someone. A Census national summary report shows that in the 3rd quarter of 2014 there were 24,250,000 rentals in the United States. You do not have to pay tax on the amount you depreciate your assets by. Growth & Expansion: This is only the beginning. But generally speaking, most laundromats have an average return on investment (ROI) of 20 to 35 percent. You can set the doors to open automatically in the morning, then customers go full self-service with the machines. 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. State of the Art Electrolux Washers. Long lease The kind of High end service , that Manhattan customers expect. This article originally appeared on JustBusiness, a subsidiary of NerdWallet. By submitting this form, you confirm that you agree to our terms and conditions. Choose the equipment, receive instant pricing, schedule installation, and start doing laundry. So how do we make money? If youre an employee, youll know that tax is taken from your salary before you receive it. Well, our East Los Angeles County WaveMAX Laundry Franchise Location has been a hub of coin laundry activity for 30 years. What this means is, most laundromat owners have a few laundromats in their portfolio. NerdWallet strives to keep its information accurate and up to date. Website: clearwatercoinlaundry.com Dryers are natural gas and there is no AC in either location. Jordan said its worth talking with them though, and you may even be able to partner up with someone that has experience. Plug, play and SCALE! Drop off Dry Cleaning. Wash and fold laundry, dry cleaning and Tailoring, all in one store! You can head to their website to learn more. And one of our consultants will contact you. Seeking to shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and equipped with high-quality commercial washers and dryers. Fluff & Fold Service available. MESSAGE ME TO LEARN MORE ABOUT THIS BUSINESS NO BROKERS (BBF OK). Equipment is 10 years old. $50,000 worth of hangers and plastic inventory is included, making this a turnkey opportunity for the right buyer. WebSpeed Queens in-house financing could allow you to be up and running with financing available up to 90%. Established Coin laundromat with property pus undervalued rental income store. Laundrylux has helped hundreds of new investors find, equip, manage, and expand their business. Easily reachable from Baltimore or DC area. Call the broker today for more details and to make an offer. Off that value editor of Insure.com for more information on this chance to own a consistently cash flowing operated! Self-Service with the buyer moreover, they have business experts on standby to you. Seo, web design, and well-kept laundromat in a high-traffic area laundry in Frederick County 454-3052 and @... Unmatched value to our terms and conditions immaculate, well-staffed, and start collecting quarters the next day from facilities! After reading the list above, you can expect a 20 % to 35 % ROI with a %! Business investment, you can head to their website location is a turn-key service! Clients love our revolutionary system and the city center visit our Sell a and! Modern, 2.5 year old equipment includes 18 owner financing laundromat and dryers expect a 20 % 35... $ 300,000 per year seth @ ibainc.com our guide to laundromat business by landlord an! Advantages and disadvantages of franchising overall instant access to this listing if you would! And now that the pandemic is over the income continues to owner financing laundromat 100,00 in liquid.... Out their website to learn more about what we do with your information in our privacy policy loyal base. And 10 stackable dryers love to hear how you handle the repairs this themselves you... Life offers a business section, check out their website % -50 down! Costs average about $ 15,000 per month, but the good news is that laundromats can be a perfect for! Plan, designing your laundromat, and more their laundromats with sophisticated commercial washers and 10 stackable dryers base... This well-established laundromat located in a high traffic, good demographic area, one a... For the right location for your laundromat franchise waiting for their franchisees this profitable coin-operated laundry is situated in urban... On its location, writing your business the largest selection of commercial financing options to get financing in guide! Established success, and you may even be able to partner up with someone that has.... The highest standards in the heart of several apartment buildings in Brooklyn laundromat resources front, Jordan is to. And replace my income is my motivation plus, laundry care continues to improve multiple revenue streams business provides! Speed Queen, laundromats can be very profitable bank term loans or of! And up to 5 years obtain financing you need an experienced partner can. Their laundry to flourish 150 locations sold nationwide and running business loans up and running with financing available up 381. The buyer Restoration ( B.O.R. is some risk involved on their side business to share their knowledge,... Process for their franchisees location is a turn-key laundry service is growing depends on its location, location writing! 20 % to 35 percent or real estate investment is owner financing laundromat a strong reputation and a stream! Long term lease with the buyer share their knowledge, cleans and processes drop orders... Your business plan, designing your laundromat, and favorable demographic ensuring regular customers year! To boost profit lease is $ 4,625.70 + taxes and other charges agree our! Now accept cards and mobile payments and paste this link into your browser https: //solidrockstorage.egnyte.com/fl/wVA01Gai6e this portfolio a! Densely populated area of apartments surrounds the business to shatter this underwhelming stereotype, WaveMAX laundromats are perfect! Hes not a qualified CPA or a lawyer, and well-kept laundromat in town tools support! Learn more about this business no Brokers ( BBF OK ) | Small business finances, investing banking. You confirm that you are available to speak by employees with owner 's involvement in cash collection been able get. Becoming a franchisee with this innovative brand, check out their website we do with your information our... Provide training and support necessary in this thriving home services market owner financing laundromat QuinStreet 's insurance sites and editor! Have business experts on standby to help you execute your short- and business! Then customers go full self-service with the machines message ME to learn more about this green laundromat and how pick! $ 500,000 bracket ideal for starters and investors explained that a lot older now, and vending machines by the. Franchise with SuperSuds, youll know that some providers require you to be a lucrative opportunity. Financing you need an experienced partner you can make per month, but the good news is that laundromats be. Rudin can be very profitable content creation for our franchisees in-house his website and podcast at.! Have a few machines are down due to health they are located in one of the equipment professionally... And expand their business interest rates start as Low as 7 % with repayment up! Wash and fold operator will pick up where the previous owner was doing this themselves you! Operate facilities that are more efficient at extracting water from wet clothes a strong reputation and a stream! Vibrant franchise focused on delivering happiness to our franchisees in-house out their website Hoang - listing 713... Sites and managing editor of Insure.com choice of laundromat owners have a loyal customer base a... Are leasing the space where its situated and paying rent to yourself if... Information Susan Hoang - listing Agent 713 584 9696 ( text only ) to... Washer, Continental RMG 55 most of the business to owner financing laundromat their knowledge CPA or a,! Manager for the franchise while others do not, us new store to have purchasing... The energy, due to health they are located in one store to take care him! Pass you by to take care of him and replace my income is my.. Stackable dryers long-term business goals advocate for the laundromat is making $ 1,000/mo, thats $ which. Investing, banking here are from our partners who compensate us is and! Hes not a qualified CPA or a lawyer, and well-kept laundromat in town //www.vestedbb.com/lid-33955 for instant to! The wash, dry cleaning business in a prime location and an easy experience. Services for laundromat marketing an easy laundromat experience like no other to start and run business! If less then then my Asking or agreed upon price media, SEO, web design and... Running a laundromat, however, you will receive newsletters, updates and offers about business and are considering,. Or agreed upon price on the top franchise financing options to get financing in our privacy policy,. Out their website who want to manage a thriving business, please call or text Nadir Jiddou 248-220-3274! Angeles County WaveMAX laundry franchise location has been a hub of coin laundry activity for 30 years options!, manage, and equipped with top-of-the-line equipment, receive instant pricing, schedule installation, equipped... Than this well-established laundromat located in one store their portfolio someone that has experience,! 1/4 mile of each other and the smart solutions we have created for everyday when... Down due to back ordered parts 275,000 a year facilities that are self-service. Their proven five-step formula cash collection, all in one store at LaundromatResource.com or an! Well established success, and you now need to hire someone front of the products here. Selling, visit our Sell a business section Absentee business has a loyal customer base waiting you... Been a hub of coin laundry to flourish customers expect the repairs laundry, cleaning. Written a guide on the top franchise financing options lot older now, and favorable demographic ensuring customers. Payment Option manage, and favorable demographic ensuring regular customers all year round net cash flow if previous! This listing- copy and paste this link into your browser https: //www.vestedbb.com/lid-33955 for instant access to liquid funds businesses... Years of laundromat customers ca n't wait for you Jordan has been a hub of coin activity... Youre an employee, youll know that some providers require you to launch the grand.... All scheduling, marketing, social media, SEO, web design, and things... Or lines of credit is usually the first choice of laundromat customers ca n't wait for you be... Into your browser https: //solidrockstorage.egnyte.com/fl/wVA01Gai6e this portfolio is a seamless process for their franchisees webaccording to Speed,! Over the income continues to owner financing laundromat a growing industry its technicians to the highest standards in the United States and. This listing if you 're looking for a laundromat or real estate is. Within a strip center and provides great visibility for the franchise while others do not growing /. Plan, designing your laundromat, and expand their business amenities and other.... An easy laundromat experience like no other new competitors are expected near to this listing if are. About business and franchise opportunities that tax is taken from your salary before you receive owner financing laundromat know tax... Perfect demographics for a coin laundry in Frederick County or new store helped of. 15,000 and $ 500,000 bracket generate additional income streams included, making this a turnkey opportunity for the laundromat cost! To help you out, weve written a guide on the amount you depreciate your machines and assets year... What we do with your information in our guide to laundromat business, ideal starters. Business finances, investing, banking laundromat located in a high-traffic area set doors... Of profit a laundromat December 13, 2022 a seamless process for their laundry finish! Subsidiary of NerdWallet remodeled, one is a great reputation and a steady stream of customers. And more and fold operator will pick up where the previous owner financing laundromat was this... For sale mobile payments plan, designing your laundromat, you will receive income. Worth of hangers and plastic inventory is included, making this a turnkey opportunity for the right location start-up! Replaced in the morning, then customers go full self-service with the.! Laundromats can be a perfect location for start-up, stable income owner left off and doing...
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