Four Location Laundromat Business with Eeal Estate

This listing is a four location Laundromat based in Northern Twin Cities Suburbs of Minneapolis.  The first location was established 12 years ago and sales have been steady.  The current owner primarily absentee and many growth opportunities exist with a more hands on owner.  There is opportunity to grow by adding a wash and fold segment to the business within the capacity of the existing infrastructure.   Dry cleaning service could also be added by contracting a local dry-cleaning plant.   There are many high density housing developments near the locations and others under construction.  Partnering with these associations would realize additional growth.

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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.

Contact the listing agent to learn more.