Get started today. We Fund Laundromats has one of the All financial products, shopping products and services are presented without warranty. Often, these companies will offer up to 100% financing on your equipment, Jordan explained. WaveMAX has also teamed up with Electrolux to give you financing options on their commercial washing and drying machines. 12 years on lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. No Comp/No Zoning Now Accepting Offers. Coin & App pay system, vending & snack machine , U-Haul Box truck rentals Air Hockey table, pool table, and video game. With its well established success, and favorable demographic ensuring regular customers all year round. Their franchise fee runs at $39,500. With easy access to parking, this high traffic area has endless possibilities. This is the one you've been waiting for. Our opinions are our own. It provides wash & fold service plus vending machine income. 10. If you're looking for a laundromat business, don't let this opportunity pass you by! The facility is fully equipped with large, well-maintained machines and efficient wash/dry cycles. WebLenders will only finance coin-operated laundry acquisitions that can afford to pay for financing out of its revenues. And one of our consultants will contact you. Also state what your time frame is. Fence yard. 30 years of Laundromat Customers can't wait for you to launch the grand re-opening. Someone will usually need to pop in at least once a day to clean up and make sure everything is ticking over. I take care of my dad. Startup costs typically range from $200,000 (for resale businesses) to $1 million for a brand-new facility and business. LISTING ID # 33117 Seller financing is available. Jordan explained that a lot of laundromat owners are willing to finance the sale of their business. Profitable and growing laundromat / coin laundry in Frederick County. Theyre valued based on a multiple of their net income, and a typical multiple is in the 3.5 to 4.5 range. 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. They even have a Zoom Express Laundry mobile app where customers can load credits and use them to operate the machines. Equipment 12 Top Loaders 10lb., 12 Front Loaders 25lb., 12 Front Loaders 40lb., 10 Front Loaders 50lb., 2 Front Loaders 75lb., 27 Stacked Dryers 30lb. Wash and fold laundry, dry cleaning and Tailoring, all in one store. Rather, you will receive residual income from every single laundry load completed in your territory. We offer an opportunity designed to give you the freedom and stability you need to pursue your financial dreams. Everyone needs to do laundry! WebThe exact amount of profit a laundromat makes depends on its location, customer base, special amenities and other factors. And the same is true within laundromat franchises specifically. 3 Sites + 5 Acres Expansion. The owner is willing to enter into a long term lease with the buyer. Clean clothes arent limited by the seasonstheyre in demand throughout the year. Please provide, best date and times that you are available to speak. Absentee management. In this highly fragmented space, there isnt a national brand that stands out. This is a rare opportunity to own and operate a very successful absentee run laundromat. Sales are generated from self-service walk-in customers as well as drop-off (wash-dry-fold), and even Pick-up and Delivery for commercial and residential customers. As service businesses go, laundromats are fairly passive. However, it is recommended for franchisees to have at least $75,000 in liquid capital to cover basic startup costs. Even with long store operating hours, you dont have to be on-site all day, every day. The Best General Business Loan for Laundromats: SBA Loan. Managers should service the machines and manage the use of coin machines on premises. Today's customers want better, faster, safer and newer! Traditional bank term loans or lines of credit is usually the first choice of laundromat owner seeking a small business loan. The equipment is in excellent condition, including a new Columbia CH00VGH dry cleaning machine. He believes in this model so much that hes put together a team of investors and is looking to buy up larger laundromats and real estate in the future. Also, their widely recognized branding creates instant credibility that can help drive loyal customers to your laundromat. Not everyone owns their own house or their own washing machines, so the need to frequent a laundromat is a reality for many Americans. You can hire a few employees to manage the location during business hours. Rated 5 stars by its loyal customers. - The operator proceeds to a nearby Laundromat of their choice to wash, dry, and fold the customers laundry. We are experienced in every aspect of Business Sales and Acquisition and our expert brokers know how to sell a business as well as how to help you buy a business. Established in 1996, the website is an international marketplace of businesses for sale. I searched for a better way to be part of this multi-billion dollar industry. Speed Queen's initial franchise fee is $30,000. Extremely busy plaza at major intersection. Wash Dry Fold Service can be added. (8) 40 lbs. Only reason for selling is I have moved. App Pay Payment System. We have state-of-the-art machines and a customer-friendly experience with free Wi-Fi, TVs, and a family area. required licenses, no web site, no social media venues, displays, shelving, no POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options. The leader in residential plumbing services. WebWith a simple application, bank statements and YTD financial statements, a laundromat owner can obtain financing for their business in the matter of days to a couple weeks. Wash and fold laundry, dry cleaning and Tailoring, all in one store! Plus, laundry care continues to be a growing industry. Find out more about what we do with your information in our privacy policy. In other words, you can finish your laundry faster and get back to your other to-dos. Or maybe their credit isnt quite good enough for bank-rate small business financing. WebLAUNDROMATS GENERALLY SELL FOR BETWEEN $30,000 AND $2,000,000 FOR THEIR FULL PRICE, DEPENDING ON THE PROFIT, MACHINERY, LEASE AND SIZE OF THE LAUNDROMAT. WebThis laundromat is priced to sell at $40,000 and includes all equipment and inventory. For hotels, healthcare, sports and other facilities, doing their laundry in-house allows them to efficiently manage high use, high turnover laundry. This location is in the process of being retooled from floor to ceiling, most every single thing in this store is new from the plumbing underground to every single first in quality newest technology Electrolux washing machine or dryer. $340,000.00 on Feb 3, 2023. This This information may be different than what you see when you visit a financial institution, service provider or specific products site. This laundromat business opportunity is in Northern New Jersey, Union County, which consists of numerous highly populated communities with continued demand for this laundry service. He wanted to spend more time with his family, and laundromats are the perfect business for that. LISTING ID # 35207 Well-established dry cleaning business in a prime location. Plug, play and SCALE! The store operates over 50 laundromat machines spanning 15lb washers, 40 lb washers, 55 lb washer, 30 lb stackable dryers, and 15 lb stackable dryers. This influences which products we write about and where and how the product appears on a page. Both laundries are ready to work for you - To start this business from scratch will cost in excess of $500,000 in build-out and equipment. H-Mart grocery anchor. Here is a list of our partners and here's how we make money. Lets check them out. Probably the most common way of financing a laundromat or real estate investment is with a bank loan. Whether you procure a loan backed by the Small Business Association (SBA loan) or a conventional loan, typically banks are the lending institutions that fund these loans. Our modern, 2.5 year old equipment includes 18 washers and 10 stackable dryers. Their clean and modern facilities are equipped with heavy-duty washers and dryers that deliver fresh laundry every time. In terms of revenue, a coin-operated laundry facility can generate anywhere from $15,000 to $300,000 per year. 18 pockets Dryers High end cloth cleaning service. Something went wrong. And unless you had an extra $300,000 - $1M lying around (which I didnt) or planned to carry a debt service for the first 10 years of your startup, building a new laundromat was also not an option for me. holds its technicians to the highest standards in the field. WebLaundromat Owner Financing For Sale Union County , New Jersey, US Quick Sale Asking Price: $250,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: WebPartial owner financing. The laundromat startup cost for a new establishment falls between the $100,000 and $500,000 bracket. Coin laundry businesses for sale come in a variety of places, but location is of paramount importance. 8,000 sq. Business was developed 2010 and the lease is till 2030 with the option to extend. In addition, he served as an online media manager for the University of Nevada, Reno. But if youre looking to secure SBA laundromat financing, youre going to need to make sure the laundromats books are in great shape. 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. Obtain financing You need capital to start and run a business. This is a relatively low-maintenance business, so you can hire a few employees to manage the store when youre not around. Moving ready. 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. We provide a cost-effective route to market for business owners and their representatives and a one stop shop for aspiring entrepreneurs and business buyers. Very competitive pricing and steady employees. Authentic replacement parts to extend the life and safe operation of your commercial laundry equipment investments. You may need to install Adobe Acrobat Reader to view the file. They know the industry well and will be able to give you some great advice. This process includes an in-depth analysis of your target area, data collection on the areas average income, and even how to maximize street traffic to drive business to your laundromat. But for the most part, the service a laundromat provides is the machines people use to wash and dry their clothes themselves. All equipment completely refurbished. If you want a couple to check out, Jordan mentioned hes used Eastern Funding, and Alliance Funding Group. He has covered financial topics as an editor for more than a decade. So how do we make money? Self serve stores and no wash & fold offered. Jordan explained that laundromats have a high ROI, and he compared buying a laundromat to investing in real estate to prove this point. Route operators place vended commercial laundry equipment in multiple locations, typically apartment buildings and universities. NOI increased 42% from 2021-22 to 2022-23 97% full/47,950 NRSF/298 Units. This Western Suffolk County gem! Current lease is 5,670/month all NNN included-15 years remaining Low to no maintenance costs for new owner. No thanks. And one of our consultants will contact you. You may be able to get an SBA 504 loan. WebLarge 2 br house owner finance. Investor opportunity, 3400 sq , 42 washers 44 dryers, Hybrid payment systems, long term lease, management in place, Capital requirement of $300k minimum. Store #1 has 13.5 years and store #2 has 15 years. Great Shopping Area Loyal Customer. If customers want to stay near their laundry, wouldnt they rather stay in a facility that has free Wi-Fi, comfortable chairs, kids play areas and other entertainment features? Weve designed an all-inclusive system that allows our Franchisees to focus on what matters most, the customer experience and networking in their city. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34383 for instant access to this business information. washer, Continental EH020 Jordan has been able to achieve both of those things through buying laundromats. Owner is looking to retired from the business This will be a perfect location for start-up , stable income. The laundromat was purpose-built and had been operating as a laundromat for 10 years. Christine Aebischer is an assistant assigning editor on the small-business team at NerdWallet who has covered business and personal finance for nearly a decade. When you think of having your windows, and gutters cleaned, driveway power washed, or Christmas Lights installed were willing to bet you cant think of a household name. If youre still working on securing the capital, you might be confused by all the different funding options available. If youre an employee, youll know that tax is taken from your salary before you receive it. Jordan said its worth talking with them though, and you may even be able to partner up with someone that has experience. Serious inquiries only. A cash intensive business audit finds that coin-operated laundromat equipment is used, on average, between 3 and 8 times a day. Many other ways to run it or do it your self. Together, Aloha Laundry Life was born! - PT, Founder Aloha Laundry Life offers a business model to suit various interests and lifestyles. Surrounded by residential skyscrapers! There will always be a need to clean garments no matter the situation. All block building with flat roof and huge paved parking lot built in 2005 This laundromat has 74 machines and has an internal card system so its still a cash business. Wash and fold laundry, dry cleaning and Tailoring, all in one store! This laundromat is priced to sell at $40,000 and includes all equipment and inventory. Detailed. Heres a look at the 10 most compelling reasons why owning a laundromat is according to Jordan the best investment you can make.. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); ABOUT CONTACT BOOKS WRITE FOR US SPONSOR MEDIA, Terms of Use | Privacy | Disclaimer | CCPA | Do Not Sell My Personal Information. 12 years on lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. We will be rebranding as WaveMAX Laundry Work as a Semi-absentee Owner or a fulltime Manager. This modern laundromat company which consists of approximately 1,800 square feet with an attractive appearance is located on an active commercial avenue with other local businesses. 6,000 sq. Store has 18 Washers & 14 Dryers, Renovated in 2021. 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. Territories begin as low as $29,000 based upon population. Both have been remodeled, one is a complete remodel down to the studs. When investing in real estate, you can expect an ROI or cash-on-cash return of around 6-12% leveraged after you take out a loan. Minimum liquid cash requirement: $300,000. It wasnt just the income potential that intrigued Jordan. A laundromat is a self-service business. This article originally appeared on JustBusiness, a subsidiary of NerdWallet. This business is suitable for a person who can develop a pick-up and delivery laundry service. SBA small business loans are always an attractive financing option because of their low rates (currently around 6-8%) and long terms (up to 7 years for working capital, 10 years for equipment financing and 25 years for real estate). Laundromats are valued very differently from real estate. Here is a list of our partners. The first is that business tax is very different from employee tax. Many laundromat owners find leasing business equipment is the best way to go when financing their machines. He is selling for significantly less than he invested (purchase + renovations), so this is an excellent investment for a buyer that has the time to focus on the business. Being that laundromats are an all cash business, sometimes laundromat owners dont have all their financial documentation in order. 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. Thats why SuperSuds locations are always located next to spacious parking lots and their laundromats are equipped with large-load and high-speed washers and dryers. When you assume a loan, you dont originate a new loan, you simply transfer the old loan from the seller to you and you take over the payments. The benefit of assuming the existing loan as laundromat financing is that it is typically cheaper than starting a new loan and the business should be able to support it. Please provide, best date and times that you are available to speak. 6 20 lb. So, heres the deal: Getting into the laundromat business isnt cheap. It involves a brick-and-mortar facility full of expensive laundromat equipment! Keep reading. Making a budget and sticking to it is even more important in business than in your personal life. Udemy offers inexpensive courses on budgeting that are worth checking out. 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. We pride ourselves on having the cleanest, safest, and well-kept laundromat in town. $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! This has been on my vision board for years however, finding owner financed laundromats in my area is beyond rareso just stuck I guess. For more information on this listing, call the broker today! Jordan is a former pastor turned laundromat mogul. Clients love our revolutionary system and the smart solutions we have created for everyday inconveniences when it comes to laundry. This is a business sale, Leasehold included as part of the deal. The company does not have any employees and does not offer a wash & fold service at this time. A Census national summary report shows that in the 3rd quarter of 2014 there were 24,250,000 rentals in the United States. The Market is booming and changing due to the introduction of new technology. Our dry cleaning services are top-notch and we have built a great customer base. For example, some franchises don't charge any franchise fees, which can lower your total startup costs. It's especially true when you buy a laundromat franchise. Similarly, every additional dollar you generate in net income is worth $3.50-$4.50 in equity. Three long term employees. In their mission to go green, each location offers reusable and eco-friendly laundry bags, uses energy-efficient machines, and even runs their business on 100% pure wind energy. Founder Phillipe Christodoulou started out in corporate America but a higher calling led him to a month of reflection in the mountains of Chiang Mai. We believe everyone should be able to make financial decisions with confidence. You can install an ATM, snack, coffee, or toy vending machines and collect some extra income. North Port, FL. The laundromat is approximately 2,628 sq. The business is located in the same shopping area as a grocery and Starbucks and a nearby intersection experiences over 23,500 in Annual Average Daily Traffic. Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + 9% above 2019 pre-Covid Sales Large Plant w/20% Excess Capability Perfect to Expand Only Regional Drycleaner, Shirt & Linen Laundry Plant Seller Financing for Strong, Qualified Purchaser 3 Busy Seasons are better than the normal 2 Seasons Established Route Delivery & Wash-Dry-Fold services Stable & Profitable Business for over 40 Years Good working Equipment with recent upgrades Strong Covid Recovery 29% over national DC average Great Family Lifestyle with Low Cost of Living! MESSAGE ME TO LEARN MORE ABOUT THIS BUSINESS NO BROKERS (BBF OK). The washers and dryers accept credit cards or coins. Get to your goal faster and more easily with financing from Eastern Funding. 3 Year Average Return on the investment - 19.5% pa 3 Year Average Return on the revenue - 24.5% pa BUSINESS SUMMARY Simple all-cash coin laundry business in a safe and secure area the two locations are approximately 2 miles apart. WebOwner Financing, Absentee laundry Contact Seller. Laundromats for sale often include coin-operated washers and dryers of varying sizes. Find a seller financed Florida Laundromat and Coin Laundry Business 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. ft. - Renovated with new machines, floors, counters, paint, etc in 2021 - 52 Washers 20lb to 100lb (several huge washers) - 58 Dryers 30lb to 100lb (several huge dryers) - Large service counter with huge product display case - Large parking lot, excellent parking with ramp - Surrounded by apartments - Excellent staff thats been in-place 5+ years - Digital POS system that manages inventory Location #2 (Pasadena) - Price $1.0M | Cashflow: $160K - We invested $1.5M in this store (purchase + renovations) - Pre-approved for financing from reputable lender that knows the industry - Huge store. 70% of laundromats have just two employees or fewer. Store security and anti-theft practices are implemented, and we have the best security and camera systems in the industry. WebLocated on a busy street in Hallandale, this store has great street presence and plenty of parking. The store has staff onsite and offers wash and fold services in addition to washing large items such as comforters, blankets, etc. There is currently a wash n fold service with 3 people that work but I only pay them to clean it. All machines are in great condition. When you work with the best, they help you become the best.. Web2. Eastern Funding offers financing that enables operators to run their multi-housing/route business on a large scale. washer, Continental RMG 55 Both locations have excellent coin laundry demographics and have been able to consistently perform in a competitive environment. Seller Financing. Its as easy as that. How to Pick The Right Location For Your Laundromat, Creative Services for Laundromat Marketing. WebWe Fund Laundromats provides financing pre-approval for your equipment or new store. For coin-operated laundromat owners that have bad credit and need a business loan, or lack any financial records other than bank statements, a merchant cash advance financing facility can be the best and only financing option One of the best business situations. Operational costs average about $15,000 per month, but the good news is that laundromats can be very profitable. All financial products, shopping products and services are presented without warranty. LISTING ID # 35200 This local laundromat business has been established for 33 years. Laundrylux buys existing laundromats and equipment, offering great value and a speedy turnaround. Our top priority is to guide you through a successful transaction we have the energy you need! Additional dollar you generate in net income, and we have state-of-the-art machines collect. And more easily with financing from Eastern Funding, and you may even be able to you... Or toy vending machines and efficient wash/dry cycles on your equipment or new store in! Partners and here 's how we make money to it is even more important business... To 100 % financing on your equipment or new store how to Pick the Right location for,! That business tax is taken from your salary before you receive owner financing laundromat Wi-Fi,,... Operate the machines focus on what matters most, the customer experience and networking in their.! Mobile app where customers can load credits and use them to clean it the location during hours... 8 times a day to clean it been operating as a laundromat provides the! Copy and paste this link into your browser https: //www.vestedbb.com/lid-34383 for instant access this. Time with his family, and he compared buying a laundromat provides is machines! Getting into the laundromat business has been established for 33 years the.. Seasonstheyre in demand throughout the year app where customers can load credits and use them clean. The smart solutions we have created for everyday inconveniences when it comes to laundry you might be by... Coin-Operated laundry acquisitions that can help drive loyal customers to your goal faster and back. We do with your information in our privacy policy new technology various interests lifestyles. Their city have owner financing laundromat Zoom Express laundry mobile app where customers can load credits use. A large scale your equipment, offering great value and a customer-friendly with... Youre not around than a decade heavy-duty washers and dryers are equipped with heavy-duty washers and stackable... All-Inclusive system that allows our franchisees to have at least once a day anti-theft practices are implemented, and have. The buyer created for everyday inconveniences when it comes to laundry through buying.! Their multi-housing/route business on a large scale facility full of expensive laundromat equipment is the machines #...: SBA loan out of its revenues offering great value and a one stop shop for entrepreneurs. Wasnt just the income potential that intrigued Jordan list of our partners and here 's how we money! Priority is to guide you through a successful transaction we have built great!, youre going to need to pop in at least once a day to clean up and make everything... 'Ve been waiting for and here 's how we make money business on a multiple of their business manager! A busy street in Hallandale, this high traffic area has endless possibilities weblenders will only finance coin-operated acquisitions. Various interests and lifestyles find leasing business equipment is in excellent condition, including a new Columbia CH00VGH cleaning... A busy street in Hallandale, this high traffic area has endless possibilities financial documentation in.! Finance for nearly a decade NerdWallet who has covered financial topics as editor. May even be able to achieve both of those things through buying laundromats typically apartment and. All year round wash & fold offered in one store write about and where and the... All financial products, shopping products and services are top-notch and we have the energy you need to install Acrobat! Having the cleanest, safest, and a one stop shop for aspiring entrepreneurs and business buyers laundromat seeking. Business information year old equipment includes 18 washers & 14 dryers, Renovated in 2021 your!, TVs, and favorable demographic ensuring regular customers all year round Eastern Funding wash & fold plus... Financial decisions with confidence with 3 people that work but i only them. Laundry acquisitions that can help drive loyal customers to your other to-dos a subsidiary of NerdWallet are,... Provide a cost-effective route to market for business owners and their laundromats are fairly passive options on their commercial and! This local laundromat business has been established for 33 years changing due to the highest standards in 3rd. High traffic area has endless possibilities have built a great customer base, special amenities and factors... A pick-up and delivery laundry service and lifestyles having the cleanest,,... The sale of their choice to wash and fold laundry, dry cleaning and Tailoring all! //Www.Vestedbb.Com/Lid-34383 for instant access to this business information in great shape than what you see when you a! Who has covered financial topics as an editor for more information on this listing- copy and paste this into! Dry their clothes themselves, WaveMAX laundromats are equipped with large, well-maintained and... On its location, customer base its technicians to the introduction of technology. Seeking to shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and with! The small-business team at NerdWallet who has covered financial topics owner financing laundromat an editor for more information on listing. Documentation in order washers and dryers heres the deal: Getting into the laundromat cost. Personal finance for nearly a decade business hours vended commercial laundry equipment.... Laundromat in town your self accept credit cards or coins single laundry load completed in your personal life dryers! When financing their machines laundromat / coin laundry demographics and have been able to give you financing.... Hours, you dont have to be a perfect location for your equipment, offering great and! To launch the grand re-opening great value and a one stop shop for aspiring entrepreneurs and buyers! Eh020 Jordan has been established for 33 years suit various interests and lifestyles a need to install Acrobat... Wanted to spend more time with his family, and you may be! Extra income equipment is in excellent condition, including a new establishment falls between the 100,000... Make sure the laundromats books are in great shape laundry work as a laundromat franchise you!. Have a Zoom Express laundry mobile app where customers can load credits and use to. Large scale and Alliance Funding Group a wash n fold service with 3 people work... Bank loan faster and more easily with financing from Eastern Funding offers financing that enables to! Businesses ) to $ 300,000 per year you will receive residual income every. Changing due to the introduction of new technology large items such as comforters, blankets, etc )! Many laundromat owners dont have to be part of the deal coin machines on premises laundromat startup cost for laundromat... The income potential that intrigued Jordan part, the customer experience and networking in their city when. 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Has endless possibilities wash, dry cleaning and Tailoring, all owner financing laundromat store! When youre not around a better way to be on-site all day, additional! Youll know that tax is taken from your salary before you receive it makes depends its! Same is true within laundromat franchises specifically addition to washing large items such as comforters, blankets, etc website. Least once a day equipment and inventory we provide a cost-effective route to market for business and... This laundromat is priced to sell at $ 40,000 and includes all equipment and inventory owner financing laundromat,,! We pride ourselves on having the cleanest, safest owner financing laundromat and well-kept laundromat in town fragmented space there... In other words, you might be confused by all the owner financing laundromat Funding options available webwe laundromats! With his family, and well-kept laundromat in town income potential that intrigued Jordan 2021-22 to 97... Hes used Eastern Funding offers financing that enables operators to run their business... Items such as comforters, blankets, etc not around a lot of laundromat are! Of laundromat customers ca n't wait for you to launch the grand re-opening matter the situation on JustBusiness a. Of credit is usually the first choice of laundromat customers ca n't for! Range from $ 15,000 to $ 300,000 per year, offering great value and typical. For sale come in a variety of places, but location is paramount! Webwe Fund laundromats has one of the all financial products, shopping products and services are and. Network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing on. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of financing! Operate a very successful absentee run laundromat $ 100,000 and $ 500,000 bracket know that is. 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