- For Sale $420,000
- Property Type Retail
- Property Size 2,285 SF
- Date Updated Jun 1, 2026
Description
Business Highlights:
Partially Retooled & Upgraded: Majority of equipment brand-new (installed late 2024–early 2025), supported by updated plumbing and electrical systems, plus some well-maintained older units.
Turnkey Facility: 2,285 SF with clean modern layout, updated finishes, and ample parking for customer convenience.
Lease Security: Term through December 2027 with two five-year renewal options.
Expansion Potential: Opportunity to add wash-and-fold, pickup/delivery, and outsourced dry cleaning services to expand revenue.
Growth Opportunity: Business is rebuilding after prior closure, giving a new owner the chance to capture untapped market potential with the benefit of recent capital improvements.
Highlights
- This business operates from a 2,285 SF storefront fully restored in 2024 after prior fire damage. It includes a mix of older equipment still in good working condition and a majority of brand-new, state-of-the-art commercial washers and dryers installed in late 2024-early 2025. The facility offers clean, modern furnishings, ample customer parking, and is leased through December 2027 with two five-year renewal options.
- This acquisition allows a buyer to step into a newly equipped longterm secured facility for $420000 a price well below replacement cost with substantial upside potential.
- Turnkey Retooled Laundromat with New Equipment LongTerm Lease (Asset Sale)
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Contacts
Orville Devonish
Coldwell Banker Commercial Metro Brokers
Location
Contact Listing Broker
Orville Devonish
Coldwell Banker Commercial Metro Brokers