High-Capacity Phoenix Laundromat With New 10-Year Lease - Business for Sale
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Unattended High-Capacity Laundromat in Phoenix, AZ
Phoenix, AZ, US
Added 1 month ago
Laundromat / Laundry Services
Absentee / Semi-Absentee
This unattended laundromat in Phoenix, AZ operates with 101 Dexter washers and dryers, uses a card-based system for automated revenue tracking, and has a new 10-year lease in place.
Key Information
Asking
$900K
Revenue
$483K
Earnings
$193K
Multiple
4.7x
Key Highlights
- 101 Dexter washers and dryers (65 washers: 34× 20 lb, 15× 30 lb, 8× 40 lb, 4× 50 lb, 4× 60 lb; 34× 30 lb stacked dryers)
- 4,000 square foot facility in Phoenix, AZ
- New 10-year lease executed in January (5-year term plus 5-year option, rent set in writing)
- Recent capital improvements include a new bill changer, updated boiler, new hot water storage tank, five replacement coolers, and a camera system
- Maintenance relationship with longtime service technician transfers with the business
Contact Info
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