SOLD – Coin laundry with top of line equipments

Business Description

Over 5,500 SF of coin laundry with top-of-the-line equipment is now available for acquisition. Located in the hub of an area where there is a high density of the Hispanic population, the laundry was able to build a strong regular customer base for the last 5 years of being in this business. The laundry offers customers various sizes of the wash machines from the top load, double load (18 lbs), triple load (30 lbs), maxi load (45 lbs), and mega load (55lbs) to magnum load (75 lbs), most of which enable customers to cut their dry time in half due to high power of the machines. All equipment and the premises are immaculately maintained by the current owner. Ample premises allow the laundry to provide two waiting areas and two-game areas. Games are an extra income source for the laundry along with a built-in booth that sells phone cards and laundry detergents. No advertising is being done by the current owner, but sales could increase with more pro-active marketing. Since this is located in a retail center that is anchored by the Hispanic grocery chain, the laundry has great exposure to tremendous traffics all the time.