LaundromatFounded in 2016, the business is a recognized name in the local laundromat market. Systems, vendor relationships, and an experienced team are all in place for a smooth handover. Performance has been consistent year over year, with the most recent period among the strongest in the company's history. Staffing is stable, with low turnover relative to the industry and a working culture that has kept key people in place. Customer retention is high, and the phone continues to ring on the strength of the company's name alone. A balanced mix of one-time projects and repeat engagements smooths revenue through the year and reduces seasonality risk. Demand is driven by non-discretionary need, making the business resilient in a range of economic conditions. The company has expanded its service area gradually over time and now serves customers throughout the surrounding counties. Most new business arrives through referrals and repeat customers, so paid acquisition remains an untapped lever. 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 maintains an excellent reputation, reflected in its ratings across the major review platforms. The brand is well recognized locally, supported by years of consistent signage, vehicle wraps, and community involvement. Service offerings have been refined over the years to focus on the most profitable lines of work. The current owner works a normal full-time schedule and focuses on quoting, scheduling, and customer relationships. The business operates on modern software for scheduling, invoicing, and customer management, so a new owner inherits clean data and repeatable processes. Barriers to entry at this scale are meaningful, and the company's tenure gives it a durable advantage over newer entrants. Opportunities of this quality and tenure rarely come to market in this category.
Up to 30% carried at 7.5% over 5 years for qualified buyers.
Owner is retiring after 10 years in the business.
Seller offers 2 weeks of hands-on training, with phone support for 6 months after closing.
A new owner could grow by adding outside sales, pursuing commercial contracts, and increasing marketing spend.
Modeling Laundromat Netting $130K in Stamford · $720K
Asking price is $720K. 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.