Home Forums Laundromats Potential Purchase of Laundromat

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    I am hoping to get advice here on a potential purchase of a laundromat in large city. I don’t know the age of the machines but some seem really old and others appear to be newer. The machines are:
    20 lbs: 10
    35 lbs: 8
    40 lbs: 8
    50 lbs: 2
    10 Maytag top load
    single stack: 14
    double stack: 7
    2700 sq ft rental space for $2100 month, gas $200, water $600, electric $450
    Monthly Income: Coin $4000, wash/fold $700, soaps/etc $700, alterations $700, Contract alterations $4000

    Asking price is $40,000

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