This listing is a Laundromat located in the East Metro of MSP established in 2015. Sales dropped roughly 10% during COVID slowdowns, but have rebounded. The Seller is the original owner, sold his other laundromat 4 years ago, and is retiring. All machines are high extraction units, which reduces drying time as well as wear and tear on the dryers. The security system is also top of the line and can be viewed remotely on a smartphone, tablet, or computer. A full equipment list is available. There is a newer HVAC system the seller installed to accommodate a laundromat. All machines also have credit card readers and a loyalty card tracking system.
East Metro Laundromat for Sale
Reason For Sale:
The business operates in a 2200 square foot location with a proposed monthly lease of $2,950 NN. The Seller owns the Real Estate, is retaining ownership of the building and other tenant leases