LaundromatThis well-run laundromat company has served Memphis and surrounding communities since 2009. Performance has been consistent year over year, with the most recent period among the strongest in the company's history. The owner has stepped back from daily operations in recent years, and the business now runs semi-absentee. Barriers to entry at this scale are meaningful, and the company's tenure gives it a durable advantage over newer entrants. Service offerings have been refined over the years to focus on the most profitable lines of work. The business has grown organically with virtually no paid advertising for most of its history, a testament to the strength of its reputation. All equipment is well-maintained and included in the sale, with no significant capital expenditures anticipated in the near term. The company ranks well in local search results and maintains an active presence on the major review platforms. A tenured team of 2 handles day-to-day operations; several key employees have been with the company for many years. A meaningful share of revenue comes from repeat and referral business built over many years of consistent service. Detailed financials, tax returns, and supporting schedules are available to qualified buyers after an NDA. The owner's role can be learned by a motivated buyer during the training period; industry experience is helpful but not essential. A capable manager runs daily operations, and the staff is expected to remain in place through a transition. The business enjoys attractive margins relative to industry averages thanks to disciplined pricing and low overhead. Customer retention is high, and the phone continues to ring on the strength of the company's name alone. The Memphis market continues to grow, and demand for laundromat services has remained resilient through economic cycles. Standard operating procedures are documented, making training and quality control straightforward. Under the same ownership since 2009, the company has weathered multiple economic cycles while maintaining profitability. The brand is well recognized locally, supported by years of consistent signage, vehicle wraps, and community involvement. The trade area is experiencing steady population and commercial growth, supporting long-term demand. Opportunities of this quality and tenure rarely come to market in this category.
Up to 10% carried at 6% over 5 years for qualified buyers.
Owner is retiring after 17 years in the business.
6 weeks of training included in the sale price; extended support negotiable.
The local market is fragmented; this business is among the most established names in its trade area.
Expansion potential through a second location, added staff, and deeper penetration of nearby markets.
Modeling Laundromat Netting $181K in Memphis · $582K
Asking price is $582K. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerThe documents below open to qualified buyers in the secure data room after a signed NDA.