Highly Profitable Absentee-run Laundromat For Sale - Business for Sale
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Absentee-Run Laundromat in Woburn, MA
Woburn, MA, US
Added 6 months ago
Personal Product & Service, Retail Stores
5 years in business
RemoteAbsentee / Semi-Absentee
This business is a fully absentee-run laundromat located approximately 15 miles outside of Boston in Woburn, MA, offering self-service laundry, wash & fold, pickup & delivery, and outsourced dry cleaning services.
Key Information
Asking
$1.7M
Revenue
$775K
Earnings
$352K
Multiple
4.8x
Key Highlights
- Business operated fully absentee; owners spend 2–3 hours per week combined
- Established for 5 years
- 20 washers (5–10 years old) and 18 dryers (under 2 years old, recently replaced)
- Lease in place until 2040
- Annual payroll: $220,001.00
- Annual utilities: $77,800.52
- Annual rent: $38,492.32
- Services include self-service laundry, wash & fold, pickup & delivery, and outsourced dry cleaning
Contact Info
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