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.
Coin Laundromat for Sale in Northern Suburb of MPLS SOLD - SOLD
A+ Coin Wash New Hope
Reason For Sale:
The business operates in an excellent free-standing building, with a monthly lease of $3,000. The location is perfect and there is ample parking.