South Minneapolis Laundromat For Sale

This listing is South Minneapolis Laundromat established for over 40 years.   The current owner has kept a clean, well-maintained, and attended store with updated machines and a loyal customer base.   There are 14 double-stack dryers as well as 3 single 50lb dryers.  There are 29 washers, of which 20 are large capacity.   Also included are 3 tanning beds.  The laundromat is near a high volume specialty store that attracts a high amount of foot traffic.  There is very little competition in the area.  The barrier of entry for competition is high with the cost of build-out, equipment, and SWAC fees.  The seller estimates a rebuild of the store would cost over $600,000.

 

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Mac Thelen

About Mac Thelen

Mac Thelen draws on over 15 years of business ownership and brokerage experience to provide direction and advice on how to organize and run a business for maximum return. Mac Thelen has "been there". He sold his first business in 1998 and built two nationally recognized companies from the ground up. Mac Thelen also sits on a handful of company board of directors in advisory roles. This assists in keeping him abreast of current market trends in banking, technology, and retail. 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.