Highly Profitable Absentee-Run Laundromat For Sale - Business for Sale
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Absentee-Run Laundromat with Wash & Fold in Woburn, MA
Woburn, MA, US
Added 6 months ago
Personal Product & Service, Retail Stores
RemoteAbsentee / Semi-Absentee
Absentee-run laundromat offering self-service, wash & fold, pickup and delivery, and outsourced dry cleaning services located approximately 15 miles outside of Boston in Woburn, MA.
Key Information
Asking
$1.7M
Revenue
$775K
Earnings
$352K
Multiple
4.8x
Key Highlights
- 20 washers (5–10 years old) and 18 dryers (under 2 years old)
- Lease in place until 2040
- Business is fully absentee-run; owners spend 2–3 hours per week
- Payroll: $220,001.00; Utilities: $77,800.52; Rent: $38,492.32
- ATM owned by business provides additional income
- Financing available through Eastern Funding with 40% down; no SBA
Contact Info
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