LaundromatThis well-run laundromat company has served Knoxville and surrounding communities since 1984. Under the same ownership since 1984, the company has weathered multiple economic cycles while maintaining profitability. 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 brand is well recognized locally, supported by years of consistent signage, vehicle wraps, and community involvement. Demand is driven by non-discretionary need, making the business resilient in a range of economic conditions. A balanced mix of one-time projects and repeat engagements smooths revenue through the year and reduces seasonality risk. A capable manager runs daily operations, and the staff is expected to remain in place through a transition. Financial records are well organized and will support lender due diligence, including SBA financing. The customer database numbers in the thousands and represents a valuable, largely untapped marketing asset. Opportunities of this quality and tenure rarely come to market in this category.
Seller is pursuing another business venture and wants a clean transition.
2 weeks of training included in the sale price; extended support negotiable.
Operates from a 2,460 sq ft commercial space in a high-visibility location with ample parking.
The local market is fragmented; this business is among the most established names in its trade area.
Untapped opportunities include e-commerce, service agreements, and referral partnerships.
Modeling Profitable Laundromat Grossing $575K Annually · $1.03M
Asking price is $1.03M. 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.
