South Minneapolis Laundry for Sale SOLD

LOWER PRICE!  MOTIVATED SELLER! This business is a coin operated laundromat with wash and fold-service and dry-cleaning drop facility located in a South Minneapolis.  The current owner has kept a clean and well-maintained store with updated machines and a loyal customer base.   There are 14 double-stack 32lb dryers and 2 single 50lb high capacity dryers. There are 15 22lb capacity front load washers, 4 50lb front loaders, and 10 40# front loaders. The facility is located in a high traffic strip center in a high density neighborhood. The facility is fully tended and does a lot of wash fold in addition to the dry-cleaning drop off. A delivery route which takes approximately 25 hours per week is very profitable and comprises of  commercial accounts and dry-cleaning and wash and fold accounts. This segment of the business could be expanded with additional advertising and marketing efforts.

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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. I addition to his role of President of OIB, Mac Thelen also sits on a handful of company boards of directors in advisory roles. This assists in keeping him abreast of current market trends in banking, technology, manufacturing, and distribution. 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.