Sold….Profitable Laundromat Growing Revenues

Price: $499,000

Location: Montana

Industry: Service Businesses

This is an impressive Dry Cleaning and Coin Operated Laundromat with three locations. One full-service, dry-cleaning and coin-operated laundromat , one drop-off laundry with wash & fold and coin-operated laundromat, and one drop-off location. This Business is successful and has been in operation for 16 years. The gross sales and profits are trending upwards. The dry-cleaning equipment is in good to excellent condition. The leases in place are solid and willing to extend the terms. The Business has a full list of long- term retail and commercial customers. The Company operates a regular delivery and pick-up service. The Hydrocarbon Dry Cleaning is environmentally friendly, and EPA approved (Ecosolve). The coin-operated laundromats have equipment that are in good condition. The owner is “absentee” from the Business with a strong manager in place for the day to day operations. The manager has been with the company from the beginning (16 years). The business has a great reputation and strong walk-in clientele. The drop off location is located in a very busy Shopping Mall (one of the fastest growing cites in the United States). The main dry-cleaning plant (running at 70% of capacity) which is a great, small town and is experiencing significant population growth. The other location is in — a great farming community and is also experiencing lots of growth. This is not only a profitable Business located in one of the most beautiful spots in the World, but you can make money while you fish!!

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