Coin Laundromat for Sale in Northern Suburb of MPLS SOLD

SOLD..This listing is a Laundromat based in a Northern Suburb of Minneapolis. The Laundromat is run unattended with auto open and close locks. This is an excellent facility in a sought after neighborhood. Most machines are high extraction units, which reduces drying time as well as wear and tear on the dryers.  Several machines have credit card capabilities and a loyalty program is in place but could be grown. The newly installed security system is can be viewed remotely on a smartphone, tablet, or computer and there are plenty of cameras for added security. This location has had consistent sales for many years and is a staple in the neighborhood.  A wash and fold service was successfully operating for previous owner, and can easily be restarted to increase sales.  All figures are based on 2019 numbers, updated data is available.

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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.

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