SOLD This Business is a Laundromat based in a North East Suburb of St. Paul. The equipment varies in age but is maintained well and in good condition. This Laundromat is being run unattended, with automatic locks for opening and closing. Another tenant in the building cleans the store for free in exchange for a small section of the laundromats footprint which used to be used by the laundromat for additional services. There are opportunities to grow sales including advertising, and offering other services such as wash and fold or dry-cleaning drop off. Laundromats are considered Essential Businesses amid the COVID restrictions.
Twin Cities East Metro Laundromat for Sale SOLD - SOLD
Business Name: | Oakdale Laundry |
Asking Price: | 409,000 |
Categories: | |
Reason For Sale: | Family |
Posting Date: | 12/10/2020 |
Gross Sales: | 163,000 |
Cash Flow: | 88,000 |
Facility: | The business operates in a 4,250 square foot leased location at $3,895 monthly all in. |