Two Established Laundromat – “High Apartment Concentration”

Own 2 out of only 4 laundromats strategically located in the heart of DeKalb County, home to the region's highest concentration of apartment dwellers. These laundromats have served the community for over 20 years, with the current owner successfully operating both for the past 8 years.

Highlights Include:

Full-Service Options: Both locations offer dry cleaning, wash-and-fold services, and self-service laundry.
State-of-the-Art Equipment: Featuring multiple washer and dryer sizes, including large-capacity machines for heavy-duty loads.
Convenient Hours: Open daily from 8 AM to 8 PM, ensuring accessibility for all customers.
Ample Parking: Off-street parking makes visiting hassle-free for patrons.

Capitalize on this unique opportunity to own an established, profitable business in a high-demand market!

Down Payment: N/A

Total Sales: N/A

Cash Flow: $126,500

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: Yes

Inventory: N/A

Inventory Included: Yes

Year Established: 2004

Year of last Acquisition: 2016

Days & Hours of Operation: 7 days 8am to 8pm

Owner Hours Per Week: 5

Lender Pre-Qualified: No

Non-Owner Payroll: N/A

Employees: 3

Absentee Owner: Yes

Security on Lease: Yes

Real Estate: N/A

Real Estate Included: No

Monthly Rent: N/A

Square Footage: 2400/2500

Franchise: No

Relocatable: Yes

Facilities Information:

Both Facilities have the following: 1) Front area for retail, wash & Fold, dry cleaning and snacks 2) Folding tables and rolling baskets 3) Washers and dryers: a) Location 1: 24 dryers and 35 washers. Main Brand Electrolux b) Location 2: 30 Dryers and 29 washers. MAin Brand IPSO
Location: Dekalb County, GA

Terms and Conditions?:

Owner willing to finance

Reason For Sale:

Changing Invstement Goals

Training & Support:

2 weeks

Competition:

Approximately 85% of housing units in the area are renter-occupied, primarily concentrated in apartment complexes. The region is recognized for having one of the highest ratios of apartments to single-family homes in Georgia, with an estimated 50 apartment communities serving its population of 14,537 residents. This makes the area a hub for renters and an ideal location for businesses catering to apartment dwellers. Currently, there are two other laundromats operating in the vicinity, serving this densely populated community.

Potential Growth:

1) Extend hours 2) Delivery 3) expand C-store offering 4) Add Other services

Financing/Terms:

Owner will finance up to 30% based on buyer qualifications.