High Volume Laundromat for Sale in Northern Suburb of the Twin Cities SOLD

This listing is a Laundromat based in a Northern Suburb of Minneapolis. Established in 2010, sales have been increasing steadily and a loyalty program launched near the end of 2014 has created a large percentage of repeat customers. This is a top of the line facility. All machines are high extraction units, which reduces drying time as well as wear and tear on the dryers. All 36 washers are high G force machines, meaning they are 350 G’s vs the standard 200 G’s. The security system is also top of the line and can be viewed remotely on a smartphone, tablet, or computer. A full equipment list is available. There is a newer HVAC system the seller contributed to in order to accommodate a laundromat. The leasehold improvements are estimated to be at $225,000 plus a one-time sewer and water access fee of $72,000. Both of these expenses have already been absorbed by the seller. All machines also have credit card readers and a loyalty card tracking system which cost over $70,000 to install new.

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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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