Tupelo Data Room
Laundromats & Coin Laundry
Active

High Volume Laundromat for Sale with RE

Minneapolis, Hennepin County, Minnesota, United States
listing image
Asking Price$2.40m
Revenue$630k
EBITDA-
Cash Flow$325k
Description
This opportunity represents the acquisition of an iconic, high-volume laundromat located in the Minneapolis Metro, together with its underlying real estate. The business is fully tended during operating hours (8am–10pm) and is known for its cleanliness, safety, and strong customer service. The facility is equipped with well-maintained, high-capacity machines ranging from 20lb to 125lb. Continued growth can be driven by targeted advertising campaigns, social media engagement, and the introduction of additional services such as wash-and-fold or dry-cleaning drop-off. The Seller is currently absentee, presenting an attractive opportunity for a hands-on operator to drive earnings growth.
Real Estate
$1.25mIncluded in Asking Price
Building Size: 5000 sq. ft.
Business is
Absentee Owner
Number of EmployeesFull-Time: 1Part-Time: 6
Year Established
1960
Reason Selling
Retirement
Facilities & Assets
The laundromat operates in a free-standing 5,000 sq. ft. building with ample parking. The Real Estate is owned by the Seller and is included in the sale. Two additional contiguous parcels are included as well.
Financing Options
Seller financing is available.Seller will consider financing a small portion of the sale
Asking Price$2.40m