Well Established, Semi-Absentee Laundromat - Business for Sale
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Semi-Absentee Laundromat in Morro Bay, CA
Morro Bay, CA, US
Added 26 days ago
Laundromat / Laundry Services
36 years in business
Absentee / Semi-Absentee
A semi-absentee laundromat located in Morro Bay, San Luis Obispo County, CA, operating for 36 years with modern equipment and a long-term lease in place.
Key Information
Asking
$950K
Revenue
$310K
Earnings
$192K
Multiple
5.0x
Key Highlights
- Business has been established for 36 years
- Located in Morro Bay, San Luis Obispo County, CA
- Premises size is approximately 2,100 sq ft with a large designated parking lot
- All equipment was installed within the past 18 months and includes newer SpeedQueen washers and dryers with touchscreen KIOSOFT card readers
- The laundromat is fully carded, accepting credit card, Google Pay, and Apple Pay
- Current all-in rent is $2,987 per month, with lease expiring May 15, 2040
- Business operates in a market with only one other laundromat serving the nearby community
Contact Info
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