Sunset Coin Laundry
Business Overview
Well-established coin laundry in a high-traffic Atlanta neighborhood. This 2,499 sq ft facility features 22 washers and 16 dryers with an average age of 4 years. The business offers wash-dry-fold service and on-site vending, generating strong revenue with semi-absentee ownership at approximately 15 hours per week. Located in a dense residential area with consistent foot traffic and ample parking. Ideal opportunity for an owner-operator looking to grow or an investor seeking stable cash flow.
Key Metrics
Financial Details
- Gross Revenue (annual)
- $500,000
- Net Income (annual)
- $155,000
- EBITDA (annual)
- $381,800
- Monthly Rent
- $5,000
- Utilities (estimated monthly)
- $1,350
- Water & Sewer (monthly)
- $21,000
- Electric (monthly)
- $1,200
- Gas (monthly)
- $800
- Payroll (monthly)
- $3,500
- Financials Verified
- No
Property Details
- Year Established
- 2005
- Square Footage
- 2,499 sq ft
- Parking Spots
- 15
- Washers
- 22
- Dryers
- 16
- Machine Brands
- Speed Queen
- Machine Age
- 4 years
- Payment System
- Coin
- Machine Details
- Mix of 20 lb front-load and top-load washers. Dryers range from 30 lb to 50 lb capacity. All machines are commercial-grade Speed Queen and Dexter units.
Lease Details
- Monthly Rent
- $5,000
- Years Remaining
- 3 years
- Lease Expiry
- 2028-10-30
- Renewal Options
- One 5-year renewal option remaining with pre-negotiated terms. Landlord is cooperative and supportive of the business.
Operations
- Owner Hours
- 15 hours/week (Semi-Absentee)
- Employees
- 2
- Hours of Operation
- 24 Hours
- Services Offered
- Wash & Dry Fold, Vending Machines, WiFi
Assets & Valuation
- FF&E Value
- $15,000
- Inventory Value
- $5,000
- Real Estate Included
- No
Seller Financing
- Seller Financing
- Available
- Details
- Seller financing available with 20% down payment, 7% interest rate, and a 5-year term. Flexible terms for qualified buyers.
Due Diligence
- Training & Transition
- Owner will provide 30 days of hands-on training covering daily operations, equipment maintenance, vendor relationships, and employee management.
Market Analysis
Competition
Nearest laundromat is approximately 2 miles away. Limited competition in the immediate area due to high barriers to entry and established customer loyalty.
Growth Opportunities
Strong potential to add pickup and delivery service, expand wash-dry-fold hours, and introduce commercial accounts with nearby hotels and restaurants.
Location
- City / State
- Atlanta, Georgia
- ZIP Code
- 30033
Reason for Selling
Owner relocating to another state and unable to manage the business remotely.
Disclaimer: LaundroList does not verify financial information provided by sellers. Always conduct proper due diligence — including reviewing tax returns, utility bills, and lease documents — before completing any transaction.
