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Coin Laundry & Laundry Service for sale

Indianapolis, IN (Marion County)

Seller Financing Available
Coin Laundry
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Asking Price: $175,000

Cash Flow: N/A

Gross Revenue: $182,000

EBITDA: N/A

FF&E: $160,000

Inventory: $500

Rent: $2,700 /Month

Established: 1991

Coin Laundry & Laundry Service for sale

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Business Description

IBA is offering a full-service coin operated laundromat with laundry service for sale. The 2,700 square foot (approx.) facility is the end unit in a shopping center. This gives it two entrances and ample parking. It is highly visible because of its location at the intersection of two busy roads. The laundromat provides self-serve and professional laundry services to local residents and businesses.

The laundromat offers dry cleaning and drop off services, making it easy for customers to get clean clothes fast! Focusing on convenience and customer service, this coin operated laundromat cleans to customers specifications. Normal turnaround times are 24 hours. Same-day service is offered too.

The coin operated laundromat has 50 Speed Queen washers and 50 dryers. There are three washer sizes to handle single and double loads as well as jumbo loads. Laundry carts and folding tables are available to make this never-ending chore easier. In addition to an arcade, multiple TVs, free Wi-Fi and coffee are available to pass the time. Other extras include:

• Vending machines
• Change machine
• Full time attendant
• Security system

The laundromat runs a laundry pickup and delivery service. It provides customizable laundry services for anyone not wanting to do laundry. An online platform allows clients to customize most aspects of the service including:

• What detergents, softeners, and water temperatures to use
• Special instructions regarding stains, particular garments, drying, etc.
• How to fold or hang items
• Setting up a weekly routine or on an as-needed basis

The service sends email and text reminders when picking up or dropping off. Being highly responsive as well as reasonably priced, it is no wonder their clients love them!

Now’s the time to come clean and admit that you’ve always wanted to own a laundromat. Talk to your broker about this one before it’s gone!

Attached Documents


Detailed Information

Location:
Indianapolis, IN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,700
Lease Expiration:
N/A
Employees:
2 fTE, 2 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,700 sq. ft. leased space
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Seller is moving out of state
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Indiana Business Advisors

Business Listed By:
Indiana Business Advisors

Indiana Business Advisors

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