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.