Turnkey Absentee Laundromat In Massachusetts Staff In Place For Sale - Business for Sale
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Absentee-Run Laundromat with Staff in Lawrence, MA
Lawrence, MA, US
Added today
Laundromat / Laundry Services
Absentee / Semi-AbsenteeRetiring Owner
Absentee-operated self-service laundromat with staff in place, electronic payment system, and 22 washers and 24 dryers, located in Lawrence, Massachusetts.
Key Information
Asking
$525K
Revenue
$286K
Earnings
$138K
Multiple
3.8x
Key Highlights
- Business has operated under current ownership for 7 years
- Absentee operation with three paid, non-family employees handling daily operations
- Equipment includes 22 Huebsch washers (14 installed ~1 year ago, 8 are ~12 years old) and 24 Speed Queen double-stack dryers (48 drying pockets)
- Located in Lawrence, MA, serving a high-density, renter-majority urban market
- Monthly rent is $3,100 (all in), with landlord offering a strong lease term to qualified buyer
- Owner will provide a minimum of one year of training on maintenance, operations, and management
Contact Info
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