Absentee & High Volume Laundromat- Excellent Profit - Boston $615,000 - Business for Sale
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Absentee Laundromat with Wash & Fold in Boston, MA
Boston, MA, US
Added 4 months ago
Laundromat / Laundry Services
Absentee / Semi-Absentee
Absentee and partially attended laundromat offering self-service, wash & fold, and pick-up/delivery services in a dense residential neighborhood of Boston, Massachusetts.
Key Information
Asking
$615K
Revenue
$320K
Earnings
$154K
Multiple
4.0x
Key Highlights
- Business operates in a 1,200 sq ft location with rent of $3,650 per month and 8 years remaining on the lease plus renewal option.
- Laundromat has been in operation for over 15 years.
- Business includes 20 washers and 20 dryers ranging from 8 to 25 years old.
- Store is mostly unattended; part-time attendant and driver work approximately 20-30 hours per week combined.
- Owner spends about 4 hours per week on-site and manages other tasks remotely.
- Business uses a fully integrated card system (no coins), auto-lock doors, and a camera system.
Contact Info
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