Coin Op Laundromat for Sale Southern Metro Suburb SOLD

SOLD This business is a coin operated laundromat located in a Southern Suburb of the Twin Cities.   The current owner has kept a clean and well-maintained store with updated machines and a loyal customer base.   There are 10 double-stack dryers 3 single 75lb high capacity dryers.  There are 19 high capacity front load washers and 10 top load washers.  The laundromat is located in a high traffic strip center with ample parking.  There is very little competition in the area.  The current owner generally stops by the store a couple times a week to check on the machines and empty quarters into the bill changers.

The barrier of entry for competition is high with the cost of build-out, equipment, and upfront .  SWAC fees.

 

 

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About Mac Thelen

Mac Thelen is the Broker Owner of Opportunities In Business (OIB), leveraging over 30 years of business ownership and 15 years of business and commercial real estate brokerage experience. Licensed in multiple states, Mac has been instrumental in driving OIB's success, leading the firm to close 37 transactions across various industries in 2024 alone. Founded over 43 years ago, OIB specializes in representing companies with annual revenues between $1 million and $25 million throughout the Upper Midwest, offering comprehensive services from valuation to closing. Under Mac's strategic leadership, OIB has solidified its reputation for delivering exceptional value, seamless transactions, and market-leading expertise. Mac's commitment to client success is reflected in OIB's long-standing relationships and consistent track record of achieving optimal outcomes. His hands-on approach, deep market knowledge, and dedication to integrity set OIB apart as a trusted partner in business sales and acquisitions.

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