5 Location Laundromat Business For Sale North Metro SOLD

SOLD  This Business is a five location Laundromat based in Northern Twin Cities Suburbs of Minneapolis.  The first location was established 14 years ago and sales have been steady.  The current owner primarily absentee and many growth opportunities exist with a more hands on owner.  There is opportunity to grow by adding wash and fold segments to the business within the capacity of the existing infrastructure.   Dry cleaning drop off services could also be added by contracting a local dry-cleaning plant.   There are many high density housing developments near the locations and others under construction.  Partnering with these associations would realize additional growth.  The seller recently added a very profitable business segment of commercial laundry drop service, acquiring business through Google AdWords advertising.

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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.