This listing is an established Laundromat located in the East Metro of the Twin Cities. The seller opened the Laundromat in 2001 and has increased sales by keeping a clean, well-maintained store with updated machines and a loyal customer base. There is also a wash and fold segment of the business which can be greatly expanded within the capacity of the existing infrastructure. Outsourced dry cleaning service could also be added for additional income and traffic. The location is perfectly positioned close to high density housing. The seller also owns the building and will extend a long term lease to new owner. There are 61 washers, of which the vast majority is front load and high capacity. There are 35 30# stack dryers (70 total) and 3 newer 45# stack dryers (6 total). All equipment is meticulously maintained.
High Volume East Metro Laundromat for Sale with Real Estate.
Reason For Sale:
The business operates in 4,400 square feet of an 8,000 square foot building owned by the seller. There is ample parking and lighting. The seller is proposing a long term $6,600 per month lease.