LaundromatThis well-run laundromat company has served Rockford and surrounding communities since 1988. Under the same ownership since 1988, the company has weathered multiple economic cycles while maintaining profitability. The team is cross-trained across functions, so operations do not depend on any single employee. The company offers a full range of laundromat services, giving customers a single point of contact and driving healthy average tickets. Bookkeeping is clean and professionally maintained, with financials ready for buyer review. The owner has stepped back from daily operations in recent years, and the business now runs semi-absentee. Demand is driven by non-discretionary need, making the business resilient in a range of economic conditions. Systems, vendor relationships, and an experienced team are all in place for a smooth handover. Most new business arrives through referrals and repeat customers, so paid acquisition remains an untapped lever. A meaningful share of revenue comes from repeat and referral business built over many years of consistent service. The customer database numbers in the thousands and represents a valuable, largely untapped marketing asset. A balanced mix of one-time projects and repeat engagements smooths revenue through the year and reduces seasonality risk. Day-to-day operations are handled by the team, with the owner focused on oversight and growth. Vendor and supplier relationships are long-standing, with favorable terms that a new owner will step into. The business generates dependable cash flow with margins at or above industry benchmarks. The company has expanded its service area gradually over time and now serves customers throughout the surrounding counties. A professionally built website generates steady inbound inquiries with no ongoing ad spend. The Rockford market continues to grow, and demand for laundromat services has remained resilient through economic cycles. Staffing is stable, with low turnover relative to the industry and a working culture that has kept key people in place. The company ranks well in local search results and maintains an active presence on the major review platforms. The owner's role can be learned by a motivated buyer during the training period; industry experience is helpful but not essential. Opportunities of this quality and tenure rarely come to market in this category.
Open to financing 30% of the price over 5 years at 8% with an acceptable down payment.
Partners are divesting to focus on other holdings.
Few direct competitors offer the same breadth of services in the immediate market.
Modeling Laundromat Netting $168K in Rockford · $504K
Asking price is $504K. 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 AnalyzerRockford, IL · Source: AI estimate (Claude) · general knowledge.
AI-estimated comparable ranges from general market knowledge · as of 2026-08-04 · AI estimate (Claude) · general market knowledge. Reference only, not verified market data or a valuation.
Rough estimate for a mid-size self-service laundromat in a smaller Midwest metro; wide ranges reflect variation by equipment age, lease terms, and whether wash-and-fold or pickup services are included.
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