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 draws on over 35 years of business ownership and brokerage experience to provide direction and advice on how to organize and run a business for maximum return. 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.

Contact the listing agent to learn more.