Laundromat for sale with Real Estate, South Metro

This listing is an established Laundromat just south of the Twin Cities 17 years ago.  The current owner acquired the Laundromat in 2009 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.   Dry cleaning service is outsourced and provides additional income.  The seller also owns the building and has a stable tenant under contract through April of 2020.  The building is for sale with the business which provides many advantages over leasing with laundromat ownership.   There are 43 washers, of which 18 large are large capacity.  There are 30 stack dryers and 4 newer 75# dryers.  Many of the machines are less than 3 years old, and others less than 5 years old.  All equipment is meticulously maintained, as is the building.  A new roof was installed 7 years ago and a new boiler installed 3 years ago.

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About Mac Thelen

Mac Thelen draws on over 35 years of business ownership and brokerage experience to provide direction and advice on how to organize and run a business for maximum return. I addition to his role of President of OIB, Mac Thelen also sits on a handful of company boards of directors in advisory roles. This assists in keeping him abreast of current market trends in banking, technology, manufacturing, and distribution. Mac is a resource that you will find creates enormous value to you and your company as he guides you through the very exciting, rewarding, and challenging process of buying or selling a company.

Contact the listing agent to learn more.