Coin Operated Laundromat for Sale in North Minneapolis

This business is a coin operated laundromat located in Minneapolis along the 94 Corridor.   The current owner has kept a clean and well-maintained store with updated machines.  A new floor was installed in 2020 and a new credit card and loyalty system was put in place.  The store was closed from June through mid-September of 2020 due to area damage during the early summer protests.  Sales are recovering from the shutdown and the loyalty program is starting to take off.  There are 61 total washer and dryer units ranging from 20lb to 80lb capacity.  The majority of the machines are high er capacity Dexters.  The facility is located in a nice, high traffic strip center.  The Laundromat has an attendant, is well lit, and has plenty of security cameras. Commercial wash and fold services could be added spur growth.    A new owner could also advertise and develop community relations to increase business.  This is a large, very nice, and updated Laundromat.

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About Mac Thelen

Mac Thelen draws on over 25 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.

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