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Turnkey Self-Service Laundromat in Memphis Market Area


Business Overview

An opportunity to acquire an established self-service laundromat with wash-and-fold capabilities in the Memphis market. The business features commercial-grade washers and dryers, modern laundry-card payment technology, substantial equipment investment and an established customer base.

The operation serves a predominantly renter-occupied residential market and offers a platform for an incoming owner to optimize operations, increase equipment utilization and expand convenience-based laundry services.

Investment Highlights

  • Commercial-grade laundry equipment with multiple load capacities
  • Majority of primary machines installed in 2023
  • Self-service and wash-and-fold revenue opportunities
  • Existing digital payment infrastructure
  • Base rent of approximately $2,000 per month
  • Opportunity for a streamlined, lower-touch operating model
  • Potential expansion through apartment partnerships and commercial laundry accounts
  • Seller financing may be considered for a qualified buyer

Growth Potential

The existing facility provides an opportunity to expand revenue without the expense of building a new laundromat. A buyer may pursue targeted local marketing, improved customer retention, wash-and-fold growth, commercial accounts and more efficient labor management.

Ideal Buyer

Well-suited for an owner-operator, an experienced laundry entrepreneur, or an investor with an appropriate management plan seeking an established laundromat in the Memphis area.

Additional information available upon execution of a confidentiality agreement and completion of buyer qualification.



Listed By: Kelvin Woods

Background information

Reference:

N310-KW

Year established:

2018

Reason selling:

Relocating

Finance

Sales:

$189,995

Profits:

$124,352

Operations

Furniture fixtures and equipment:

$427,532

Premises

Location:

Memphis, TN

Price and terms

Price:

$425,000

Training:

Seller willing to train.