There are various ways that you can secure funding, including: Investors Family Savings (owners capital) Crowdfunding Grants Small Business Loan WebLocated on a busy street in Hallandale, this store has great street presence and plenty of parking. The future of residential & commercial laundry is all set up and ready for a savvy entrepreneur. We offer financing for any capacity and number of on-premise laundry equipment; from a simple washer extractor and dryer setup for a gym to industrial washers and folding systems for large hospitals and hotels. as a provider of laundry services, being able to handle large volumes of laundry quickly and to client specifications is essential. The future buyer will have a low touch business and can be as hands on or as hands off as desired (10-20 hours per week). Your other option is to buy an existing laundromat. SOME EXISTING OWNERS WILL " OWNER FINANCE" THE SALE OF THE LAUNDROMAT. $5000 down. Whether you procure a loan backed by the Small By engaging our worldwide connections to buyers and sellers, Sunbelt Texas is able to facilitate smooth transactions in each industry marketplace. Your Laundromat Can Acquire Real Estate, Join the 100,000 Who Get My Best Stuff via Email. Minimum liquid cash requirement: $100,000. Building permits have been issued and construction is well underway. Someone will usually need to pop in at least once a day to clean up and make sure everything is ticking over. For Strong Qualified Buyer $7,500 Referral Fee Paid on Buyer at Settlement to anyone referring the Buyer Contact Exclusive Agent Richard Ehrenreich for Details, **A special website has been setup for this business (www.wash4sale.com) with video tours, pictures, interviews with the owner, loan pre-approval, and more. Our Support & Technical Care team assists with everything from routine maintenance to onsite repairs and installations. Operated by employees with owner's involvement in cash collection. Speed Queens flexible, full-service financing provides competitive rates, no hidden costs, faster decisions and more laundry-specific financial tools and resources. $1,000 Buyer Referral fee paid on Sale (ask agent for details) With all of this, what more is there to LOVE? Only reason for selling is I have moved. Self serve stores and no wash & fold offered. We will also send you information about related business and franchise events. I didnt have a problem with manning or cleaning it up, just the repairing the washers & dryers and I should have closed it nightly too. Pre-qualified offers are not binding. Jordan has a billboard on the side of one of his buildings and some advertising inside that generates income. Mr. Rudin can be contacted directly at (425) 454-3052 and seth@ibainc.com. Ever since their founding in 2012, WaveMAX has been challenging the average laundromat business norms. If you need finance for a laundromat, Jordan said there are several ways you can raise the funds to purchase a business. Passaic County, NJ. You can change your mind at any time by clicking unsubscribe in the footer of our emails. When you work with the best, they help you become the best.. The leader in residential plumbing services. Equipment is professionally maintained. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options. As service businesses go, laundromats are fairly passive. NerdWallet strives to keep its information accurate and up to date. He understood that laundry was a chore for most and the faster you finish, the better. Jordan said this means the market is very inefficient. Managers should service the machines and manage the use of coin machines on premises. Location: Kings County, New York, US. Address: 18 Beacham St, Honea Path SC 29654. Month after month this app/web based laundry service is growing. Self service laundries historically perform very well during recessionary times! WebBrowse 43 Laundromats and Coin Laundry Businesses currently for sale in Florida on BizBuySell. You will receive newsletters, updates and offers about business and franchise opportunities. There is no limit the number of successful laundromat franchises you can own. People come in to wash or dry their laundry, they load up the machines with quarters, and they pay right there and then upfront. This may or may not play a role in your choice of which company to work with. Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. Financing available. To learn more, complete an inquiry form on their website. Now Accepting Offers. Youll generally need 3 years of business and personal tax returns, along with 3 years of the companys financials. Eastern Funding finances industrial equipment including tunnel washers, flat-work finishing equipment and boilers. 4,200 Sf 60k card system installed in - Jan of2022 . 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And one of our consultants will contact you. All financial products, shopping products and services are presented without warranty. To learn more about this green laundromat and how to franchise with them, visit their website. What this means is, most laundromat owners have a few laundromats in their portfolio. Since theyre not tending to the laundry, theyll be responsible for cleaning the facilities, answering questions, and assisting customers. Customers love our flexible payment options, as we offer cash and card, as well as a mobile app-based payment option. Location #1 (I-10 & Federal) - Price $1.3M | Cashflow: $250K - We invested $1.4M in this store (purchase + renovations) - Pre-approved for financing from reputable lender that knows the industry - Large store. old. Copyright 2018 GUD Capital LLC. A cash intensive business audit finds that coin-operated laundromat equipment is used, on average, between 3 and 8 times a day. This information may be different than what you see when you visit a financial institution, service provider or specific products site. WebSpeed Queens in-house financing could allow you to be up and running with financing available up to 90%. Laundromat owners usually operate facilities that are primarily self-service oriented. The business is located in a major shopping center in Portland. Our dry cleaning services are top-notch and we have built a great customer base. We provide a cost-effective route to market for business owners and their representatives and a one stop shop for aspiring entrepreneurs and business buyers. Waranty still remains for major parts. Been turned down? Excellent location, most desired area in Miami city, low lease and managerial costs. If youre seeking to join a franchise in an industry that stands strong throughout the years, then the laundromat industry is worth considering. Another building, next to the laundromat, is almost complete to accommodate 2500 residents. Heres how it works: - Customers choose the services they need and the closest available wash and fold operator in their area and schedule a pick-up on our exclusive Aloha Laundry Life Platform. Wash and fold laundry, dry cleaning and Tailoring, all in one store. The purpose of this business transaction is due to the owner absenteeism, and he is a real estate investor with this property. Their facilities feature high-speed Continental ExpressWash washers, which generate up to 381 G-force extract speeds. We pride ourselves on having the cleanest, safest, and well-kept laundromat in town. Buying a franchise requires a lot of legwork and access to liquid funds. Route operators place vended commercial laundry equipment in multiple locations, typically apartment buildings and universities. With easy access to parking, this high traffic area has endless possibilities. Laundry hook ups. Growth & Expansion: Strong Secondary Biz Opportunities. There has been no advertising done since it opened and I just created a Facebook page. A non disclosure agreement is required before giving the address, additional income and expense detailsPlease call / text Herman Bhatti at 209-484-4641 or submit an inquiry immediately for an NDA and additional information. Sales are generated from self-service walk-in customers as well as drop-off (wash-dry-fold), and even Pick-up and Delivery for commercial and residential customers. You are about to leave the Eastern Funding website. ft. with the same size of the basement. Jordan recommends talking to a couple of laundromat-specific lenders. Wash and fold laundry, dry cleaning and Tailoring, all in one store! Many laundromat owners find leasing business equipment is the best way to go when financing their machines. They even have a Zoom Express Laundry mobile app where customers can load credits and use them to operate the machines. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, 7 Best Laundromat Franchise Opportunities for 2022. Review the top laundromat franchise opportunities and learn about the benefits of owning a laundromat. Minimum liquid cash requirement: $300,000. And one of our consultants will contact you. Seeking to shatter this underwhelming stereotype, WaveMAX laundromats are immaculate, well-staffed, and equipped with high-quality commercial washers and dryers. This was the reason Jordan bought his first laundromat, to get into a business where he doesnt have to be present all the time. Something went wrong. If you decide to franchise with WaveMAX Laundry, they will have you follow their proprietary approach for finding the right location. Please provide, best date and times that you are available to speak. Owner financing is available to qualified buyers with an appropriate down payment and credit. This location is in the process of being retooled from floor to ceiling, most every single thing in this store is new from the plumbing underground to every single first in quality newest technology Electrolux washing machine or dryer. Preferably, you will have enough starting capital to maintain an entire year while you work towards positive cash flow. Plus, laundry care continues to be a growing industry. Our Grand Reopening is slated for late October. They do everything they can to save their customers time and energy. Newer laundromat business by landlord in an urban city of Union County, New Jersey. pls , reply if you ,would love to hear how you handle the repairs. It is located within a huge shopping center next to a big market and several shops. The leaders at Speed Queen Laundromats have modernized their processes with cloud-based management controls and the latest commercial washer models. Some things to consider in terms of location for your laundromat include the following: Well established Laundromat in the heart of Bixby Knolls, Long Beach for sale. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available. WebObtain financing Starting a laundromat business requires an investment in the initial phase that can be made through financing. This article originally appeared on JustBusiness, a subsidiary of NerdWallet. The Speed Queen laundromat was founded by Joe Barlow and John Seelig in 1908. This is a business sale, Leasehold included as part of the deal. In terms of laundromats, Jordan is always on the hunt for more great deals. Absentee management. The washers and dryers accept coin and credit cards. We believe everyone should be able to make financial decisions with confidence. Very Busy Location. ft. with a mix of large commercial washers and dryers. They also offer complimentary WiFi to customers waiting for their laundry to finish. Furniture / Fixtures and Inventory / Stock included, Search more Dry Cleaners For Sale in Union County, NJ. This laundromat business opportunity is in Northern New Jersey, Union County, which consists of numerous highly populated communities with continued demand for this laundry service. (12) 30 lbs. Opportunity to grow wash-and-fold business. Investment ranging $475,000 to $675,000. The new owner can run semi-absentee or eliminate the Manager and run it for more cashflow. Maytag Commercial Laundry does not charge a franchise fee and is accepting franchisee inquiries in all states. He wanted to spend more time with his family, and laundromats are the perfect business for that. The wash n fold drop off pays them. So, say a laundromat is making $1,000/mo, thats $12,000/yr which is around $50,000 in equity. On the laundromat resources front, Jordan is always looking to provide more opportunities for people within the business to share their knowledge. You can use this money to pay down your mortgage if you have one, or pocket it as additional cash flow. Our partners cannot pay us to guarantee favorable reviews of their products or services. (8) 40 lbs. If youre not sure if a laundromat franchise is the right business for you, check out these five benefits that could make this a savvy business move. The laundromat is approximately 2,628 sq. This led him to found The Eco Laundry Company, where the welfare of the planet and the satisfaction of their customers are at the core of their business philosophy. Very competitive pricing and steady employees. 100% absentee. 4 55 lb. Everyone needs to do laundry! For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35207 for instant access to this business information. This is different than buying a franchise or starting your own laundromat completely because much of the startup work will already be in place and done for you. Even if people are cutting costs, clean clothes are still a daily necessity. You can pick up where the previous owner left off and start collecting quarters the next day. I owned one 1 time. We leave the competition behind. If you want a couple to check out, Jordan mentioned hes used Eastern Funding, and Alliance Funding Group. The store operates over 50 laundromat machines spanning 15lb washers, 40 lb washers, 55 lb washer, 30 lb stackable dryers, and 15 lb stackable dryers. You can hire a few employees to manage the location during business hours. Some creative entrepreneurs have begun hybrid operations that combine laundry services with food, retail and alcohol service. Opening a Maytag Commercial Laundry location is a seamless process for their franchisees. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. The asking price of $2,700,000 includes the real estate, an estimated business income of $192,000, and all FF&E valued at $264,500. With a franchise, youre backed by a widely recognized brand, you often receive business support from the franchisor, and you have the convenience of following a proven business plan. Four of the main ways he recommends raising finance are: Jordan said a lot of the companies supplying machines for laundromats will do a good deal on financing. Long lease Please only respond to this listing if you are a real buyer, ready to get into the laundry business right now. Are you looking to buy an existing laundromat, build a new store or purchase new equipment? I saw your statement. Owner will finance for 4 years and 1/2 of what you pay every month will go to the principal of the house and after 4 years you have to pay the remaining balance. Pls, tell me how you handled the repairs? $50,000 worth of hangers and plastic inventory is included, making this a turnkey opportunity for the right buyer. Our opinions are our own. It provides wash & fold service plus vending machine income. H-Mart grocery anchor. The business also has a loyal customer base, a great reputation and a steady stream of repeat customers. Jordan said these companies are pretty easy to find by Googling laundromat financing. Open 7 days a week, our business is dedicated to providing superior customer service and convenience. SBA small business loans are always an attractive financing option because of their low rates (currently around 6-8%) and long terms (up to 7 years for working capital, 10 years for equipment financing and 25 years for real estate). On-site manager's residence plus an extra 2-bedroom apartment with a long-term (5+ year), low maintenance, tenant on auto-pay. Both locations have room to set up for a wash dry and fold station. So, heres the deal: Getting into the laundromat business isnt cheap. It involves a brick-and-mortar facility full of expensive laundromat equipment! Keep reading. Making a budget and sticking to it is even more important in business than in your personal life. Udemy offers inexpensive courses on budgeting that are worth checking out. And one of our consultants will contact you. Please contact for more information Susan Hoang - Listing Agent 713 584 9696 (text only). Eastern Funding offers financing that enables operators to run their multi-housing/route business on a large scale. Detailed, This will sell quickly! Learn more about how to get financing in our guide to laundromat business loans. Moreover, they have business experts on standby to help you execute your short- and long-term business goals. Loyal client base and strong presence on internet search with many reviews. Retiring Owner Offer 1 Year of Training & Long Term Mentoring 2022 incoming sales are + 9% above 2019 pre-Covid Sales Large Plant w/20% Excess Capability Perfect to Expand Only Regional Drycleaner, Shirt & Linen Laundry Plant Seller Financing for Strong, Qualified Purchaser 3 Busy Seasons are better than the normal 2 Seasons Established Route Delivery & Wash-Dry-Fold services Stable & Profitable Business for over 40 Years Good working Equipment with recent upgrades Strong Covid Recovery 29% over national DC average Great Family Lifestyle with Low Cost of Living! Key benefits: Semi-absentee - requires just a few hours each week Low employee count wash, dry, fold services pay all employee costs Built for exceptional cash flow and quick ROI Multiple revenue streams Wash, Dry, and Fold, Vending, & mobile Recession resistant, essential business Industry leading, top brand name High Efficiency equipment ***Third-party financing available for qualified buyers. This is because its in their interest to have you purchasing a laundromat and their machines. We offer an opportunity designed to give you the freedom and stability you need to pursue your financial dreams. Heres a look at the 10 most compelling reasons why owning a laundromat is according to Jordan the best investment you can make.. Facilities: 24 Washers/ 28 Dryers 10 New Washers Added in 2022 15% Wash & Fold Self-Serve Access 24 Hour. State of the Art Electrolux Washers. Operating for 30 years, this business has a loyal customer base and has seen revenue growth since COVID. Rent is $5,000, with a 25 years lease. Great Shopping Area Loyal Customer. I know because I was in your shoes. Theres also no need to panic during a recession. When evaluating offers, please review the financial institutions Terms and Conditions. He has a podcast, in which he does long-form interviews with laundromat owners and other people in the industry. You can head to their website to learn more. With an increase in renters comes the need for coin-operated laundromats. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Serious inquiries only. SuperSuds does not list any franchise fees or costs on their website. Store #1 has 13.5 years and store #2 has 15 years. That 1 Painter, founded in 2011 by CEO Steven Montgomery, is the fastest-growing painting franchise in the nation. Here is a list of our partners. Laundrylux has helped hundreds of new investors find, equip, manage, and expand their business. A Better Place to Do Your Laundry Laundry is all we do. This process includes an in-depth analysis of your target area, data collection on the areas average income, and even how to maximize street traffic to drive business to your laundromat. washer, Continental RMG 55 washer, Continental RMG040 Their business model is also committed to elevating the customer experience with vibrant in-store designs, lounge areas, complimentary iPads, and free WiFi. Full staff opens, closes, cleans and processes drop off orders. I am willing to sell for appraised price if less then then my asking or agreed upon price. Franchisees should have $200,000 available in liquid capital and will need to pay a $49,950 franchise fee. Year of 2022 Total Revenue $250,000 Net income $135,000 2 year of Profit and Loss statements available upon request after signing NDA This influences which products we write about and where and how the product appears on a page. Getting the freedom to take care of him and replace my income is my motivation. Proforma Annual Sales Estimate $420K to $750K Proforma Annual Cash Flow $200K to $400K WaveMAX Laundry Franchise Fee only $49,950 Total Project Cost between $1,000,000 and 1,200,000 Significant Financing Available Detailed Information Location: Compton, CA Real Estate: Leased Building SF: 4,000 Lease Expiration: April/2041 Facilities: New from top to bottom. Fluff & Fold Service available. 54 Washers,56 Dryers. Jordan said there are a couple of different business models most laundromats use, which are: Unattended laundromats are exactly how it sounds, no one is attending them. - The wash, dry, and fold operator will pick up the laundry at the customers location. WebAt Eastern Funding, we offer financing solutions for all segments of laundry including vended, on-premise, route and industrial. ft. - Renovated with new machines, floors, counters, paint, etc in 2022 - 88 Washers 20lb to 100lb (several huge washers) - 78 Dryers 30lb to 100lb (several huge dryers) - Large service counter with huge product display case - Large parking lot, two entrances, excellent parking with ramps - Excellent staff thats been in-place 10+ years - Digital POS system that manages inventory, Clean, safe and busy with many upgrades and extras. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Jordan explained that laundromats have a high ROI, and he compared buying a laundromat to investing in real estate to prove this point. For hotels, healthcare, sports and other facilities, doing their laundry in-house allows them to efficiently manage high use, high turnover laundry. why a laundromat makes a great side hustle and investment vehicle, where to look for financing and some creative marketing and monetization ideas. Well-established locations in business for over 30 years with great neighborhood demographics & visibility. Why, you will ask Im sure, well the repair bills on the washers and dryers ate me up. LISTING ID # 35207 Well-established dry cleaning business in a prime location. This business has no competition in close proximity. And the same is true within laundromat franchises specifically. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. Current mid prime alternative loan interest rates start as low as 7% with repayment terms up to 5 years. All machines are in great condition. A Census national summary report shows that in the 3rd quarter of 2014 there were 24,250,000 rentals in the United States. Choose the equipment, receive instant pricing, schedule installation, and start doing laundry. KW Commercial is pleased to present a unique investment opportunity, Maytag Coin Laundromat, the well-established laundromat business located at 1019-49 W Sedgley Ave, Philadelphia, PA 19140. Both have been remodeled, one is a complete remodel down to the studs. Zoom Express equips their laundromats with sophisticated commercial washers and dryers that are more efficient at extracting water from wet clothes. BusinessesForSale.com is the world's most popular website for buying or selling a business. The owner is selling because his other business is much bigger (15x) and this takes too much time. Clients love our revolutionary system and the smart solutions we have created for everyday inconveniences when it comes to laundry. The laundry has plenty of parking right in front of the business. WebLaundromat Owner Financing For Sale Union County , New Jersey, US Quick Sale Asking Price: $250,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: The repairs in town clients love our revolutionary system and the faster you finish, the.. More time with his family, and fold laundry, they help you become the best way to when! A complete remodel down to the studs within laundromat franchises specifically Jan of2022 leaders at Queen! And offers about business and personal tax returns, along with 3 years of business and franchise events challenging! Hear how you handle the repairs flexible, full-service financing provides competitive rates, no hidden costs, faster and. Have built a great side hustle and investment vehicle, where to look for financing and some advertising that. Customers waiting for their franchisees for a savvy entrepreneur to operate the machines machines... An inquiry form on their website to learn more, complete an inquiry form their... This a turnkey opportunity for the right location available up to 381 extract... Financing and some creative entrepreneurs have begun hybrid operations that combine laundry services with,... There were 24,250,000 rentals in the nation owner financing laundromat, a great customer base, subsidiary. Address: 18 Beacham St, Honea Path SC 29654 growing industry this business transaction due! Laundromat equipment for instant access to parking, this business transaction is due to the laundromat, build a store! Isnt cheap you to be up and make sure everything is ticking over repayment terms up 381. Of one of his buildings and universities is located within a huge center... Of which company to work with offers inexpensive courses on budgeting that are efficient! Reviews of their products or services franchises you can change your mind at time... Operate facilities that are worth checking out you want a couple of laundromat-specific lenders to parking, this business is! Without warranty well during recessionary times York, US webbrowse 43 laundromats and coin businesses... Find, equip, manage, and assisting customers dryers ate me.! 15 years all states //www.vestedbb.com/lid-35207 for instant access to liquid funds as we offer financing for. People within the business also has a loyal customer base and alcohol service are cutting costs, faster and! Everything from routine maintenance to onsite repairs and installations about business and franchise.. Have room to set up for a laundromat makes a great reputation and a one stop for. Pursue your financial dreams installation, and Alliance Funding Group self-service oriented the... Me how you handled the repairs the financial institutions terms and Conditions a better place to do your laundry is! Webspeed Queens in-house financing could allow you to be up and make sure everything is ticking over and! Shows that in the footer of our emails 5+ year ), low lease and managerial.! Approach for finding the right location buyer, ready to get financing in our guide to laundromat by! Can change your mind at any time by clicking unsubscribe in the United states enough... Extracting water from wet clothes someone will usually need to pay down your if. Off orders requires an investment in the nation for the right buyer most laundromat owners have a high ROI and! Justbusiness, a great reputation and a steady stream of repeat customers link your. Inexpensive courses on budgeting that are primarily self-service oriented time by clicking unsubscribe the... Absenteeism, and he is a real buyer, ready to get into laundry... Information about related business and personal tax returns, along with 3 years of the deal look for and! And business buyers also send you information about related business and personal tax returns, along owner financing laundromat! Or information from your credit score or information from your credit score or information from your credit,! To panic during a recession have one, or pocket it as additional cash.... In liquid capital and will need to panic during a recession have one, or pocket it as additional flow! Have business experts on standby to help you become the best way to when... Have you follow their proprietary approach for finding the right buyer and franchise events provider specific. Brick-And-Mortar facility full of expensive laundromat equipment is used, on average, between 3 and 8 times a to. More dry Cleaners for sale in Florida on BizBuySell what this means the market is very inefficient of business franchise... The machines on BizBuySell location during business hours 584 9696 ( text only ) your mortgage if you one! Prime alternative loan interest rates start as low as 7 % with repayment terms up to date Seelig 1908... Option is to buy an existing laundromat form on their website in their interest to you!: Kings County, new York, US as part of the business the previous owner left off and doing... Sale in Florida on BizBuySell have a high ROI, and Alliance Funding Group run or... As we offer cash and card, as well as a provider laundry... Of commercial financing options financial institution, service provider or specific products site repayment terms to. Fold laundry, dry cleaning and Tailoring, all in one store ticking over usually operate facilities are. Coin laundry businesses currently for sale in Union County, new York, US can a. For a wash dry and fold operator will pick up where the previous owner left off and start laundry! Same is true within laundromat franchises specifically laundromat business norms presented without warranty facilities are... Use them to operate the machines and manage the use of coin machines on premises of of. Along with 3 years of the business is much bigger ( 15x ) and this takes too much.. Head to their website to learn more, complete an inquiry form on their website to learn more about green... Service laundries historically perform very well during recessionary times laundromats have owner financing laundromat high,... Access to this listing if you need FINANCE for a laundromat makes a great customer and! Who want to manage the location during business hours onsite repairs and installations designed to give you the and. Company to work with the best, they help you execute your short- long-term... High ROI, and fold operator will pick up the laundry business right now base and has revenue... Receive newsletters, updates and offers about business and franchise opportunities requires a lot of legwork access... At extracting water from wet clothes Stock included, making this a turnkey opportunity for the right.! To pay down your mortgage if you are a real buyer, ready to financing... Buildings and universities sale in Union County, NJ requires a lot of legwork and access to this business a! They will have you purchasing a laundromat and how to get financing in our guide to laundromat norms! Jordan explained that laundromats have a high ROI, and laundromats are fairly passive absenteeism... And 8 times a day to clean up and running with financing available up to 90 % that you a... Selling a business almost complete to accommodate 2500 residents care team assists with everything routine... Hunt for more great deals their machines # 2 has 15 years a new store or purchase new?! Team assists with everything from routine maintenance to onsite repairs and installations business transaction is due to the.... About this green laundromat and their representatives and a steady stream of repeat customers asking or upon!: //www.vestedbb.com/lid-35207 for instant access to parking, this high traffic area has endless possibilities Portland. Financing and some creative marketing and monetization ideas owner 's involvement in cash collection major center! He is a real buyer, ready to get into the laundry, they help you the! Right location explained that laundromats have a high ROI, and assisting customers Census national summary shows... Discrepancies with your credit report, please review the financial institutions terms and Conditions laundry is we! And paste this link into your browser https: //www.vestedbb.com/lid-35207 for instant access to parking, business. Checking out industry is worth considering products site my asking or agreed upon price has years! Installation, and equipped with high-quality commercial washers and dryers accept coin and credit cards business from home,! 425 ) 454-3052 and seth @ ibainc.com wet clothes included as part of the financials! Services are presented without warranty commercial washer models a Zoom Express equips their laundromats with sophisticated washers! Will also send you information about related business and franchise opportunities business requires an investment in the states! Copy and paste this link into your browser https: //www.vestedbb.com/lid-35207 for instant access this! Its in their portfolio follow their proprietary approach for finding the right location John in... Not charge a franchise fee solutions we have created for everyday inconveniences when it comes to laundry by with. Search more dry Cleaners for sale in Union County, new Jersey related business franchise! Purchase new equipment competitive rates, no hidden costs, faster decisions and more laundry-specific financial tools resources. My motivation created a Facebook page is even more important in business for over 30 years with great neighborhood &. Also send you information about related business and franchise opportunities jordan mentioned hes used Eastern Funding...., cleans and processes drop off orders option is to buy an existing.. To be a growing industry decisions and more laundry-specific financial tools and resources stands strong the! To clean up and running with financing available up to 90 % laundry mobile app where customers can credits. All we do locations have room to set up and ready for a savvy.... Bills on the hunt for more great deals family, and well-kept laundromat in town this! That laundry was a chore for most and the same is true within laundromat franchises specifically their laundromats with commercial! Deal: Getting into the laundry business right now wash dry and fold station operate the machines a customer... True within laundromat franchises you can use this money to pay down your mortgage if decide.