Business Description

This laundromat, with a high-tech card system and modern machines, is conveniently situated near multiple apartment buildings in a bustling area with plenty of foot traffic and access to public transportation. The owner is mostly absent, visiting just a few times per week, making this a great opportunity for a hands-on owner-operator looking to take over a thriving business. With 18 years left on the lease and annual rent increases of 3%, the business is set up for stability and growth. The 2,600-square-foot space houses 70 well-maintained machines, only 2 years old, with a layout that includes 34 washers and 36 dryers. The business currently operates with a staff of 3 employees and has convenient hours from 6 am to midnight, catering to busy customers in the area. To learn more details about this exciting opportunity, potential buyers are required to sign a confidentiality agreement to protect the location and sensitive business information, ensuring a smooth and discreet transaction process.