High-Capacity Phoenix Laundromat With New 10-Year Lease - Business for Sale
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High-Capacity Laundromat in Phoenix, AZ
Phoenix, AZ, US
Added today
Laundromat and Laundry Services
Absentee / Semi-Absentee
This business is a 4,000-square-foot laundromat in Phoenix, AZ, operating 101 Dexter washers and dryers with a full attendant crew and a new 10-year lease.
Key Information
Asking
$900K
Revenue
$483K
Earnings
$193K
Multiple
4.7x
Key Highlights
- Business operates 4,000 sq ft with 101 Dexter washers and dryers (65 washers: 34ร20 lb, 15ร30 lb, 8ร40 lb, 4ร50 lb, 4ร60 lb; 34ร30 lb stacked dryers)
- New 10-year lease executed in January with a five-year term plus five-year option; rent terms set for the full period
- Business is fully staffed with attendants; owner does not open, close, or staff the store
- Recent capital improvements include new bill changer, updated boiler, new hot water storage tank, five replacement coolers, and camera system
Contact Info
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