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Williamsburg City County, Virginia
Asking Price
$260,000
Revenue
Call/Email
Down
$260,000
Cash Flow
Call/Email
Name: Robert Stephens
Name
Robert Stephens
Year Established:
1980
Reason for sale:
Retirement
Lease Options:
N/A
Listing Number:
9525-462544
Sales:
$180,307
Seller's Discretionary Earnings:
$116,891
Posting ID:
ID tw:78539 / Listing Number 9525-462544
Business Category:
Cleaning
Keywords:
Transworld
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Wayne County, Michigan
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Available for the first time in 24 years, this 9,000-square-foot laundromat & dry cleaner is a premier commercial asset located in a high-traffic plaza anchored by a major grocery retailer. We are offering this as a pure asset sale. This is an infrastructure-heavy opportunity for an operator who understands that the value lies in the hard-to-replicate utility infrastructure and the massive, prime-location footprint. The Asset Value Proposition: Massive Utility Investment: The site features a specialized commercial waterline build-out valued at over $200,000. In today’s market, the permits, construction, and capital required to replicate this infrastructure from scratch are astronomical. Infrastructure-First: This is not a "plug-and-play" operation; this is a "scale-ready" shell. The existing commercial-grade plumbing, ventilation, and heavy-duty electrical are ready for a new vision. Strategic Location: Situated on a primary thoroughfare in a high-density plaza anchored by a major grocery store. The sheer visibility and daily foot traffic are elite. Untapped Capacity: Currently generating $420,000 in gross revenue, the site is under-performing only due to the current owner’s retirement transition and lack of active maintenance on existing equipment. The Upside: The business is currently operating at a fraction of its capacity. A new, energized operator who implements a professional repair maintenance program—or executes a complete machine refresh—will immediately capture the latent demand in this high-traffic location. With the right management, the revenue can be aggressively boosted through modern, efficient operations that the current owner is no longer able to oversee. Investment Highlights: 24-Year Legacy Location: A established pillar of the community with a massive, dedicated footprint. Turnkey for a Visionary: Whether you retain the layout or re-concept the space, you are bypassing months of permitting and massive infrastructure costs. Owner Retirement: The owner is retiring and is not in a position to manage maintenance or daily operations. This is a classic "sweat equity" acquisition. Required for Inquiry: This is an asset sale for a serious operator or investor with the capital for equipment upgrades. No P&Ls will be provided, as this is an asset-based disposition. Please provide a brief overview of your background and your plans for the site when inquiring. The potential for this asset is substantial, as the foundation is already laid for a high-performance, tech-forward facility that far exceeds its current output. By modernizing the machinery with high-efficiency, app-integrated smart washers and dryers, a new owner can drastically slash utility overhead and drive customer retention through a seamless, cashless user experience. Further growth can be unlocked by optimizing the 9,000-square-foot footprint—perhaps by revitalizing the play area into a premium "laundro-lounge" with high-speed Wi-Fi and workspace amenities, or by centralizing dry-cleaning logistics to capture higher-margin, premium-care volume. When combined with an aggressive local SEO strategy and the implementation of a professional, proactive maintenance program to eliminate downtime, this site is perfectly positioned to leverage its elite location and foot traffic to become the dominant laundry and community hub in the region. https://tworld.com/locations/Michigan/detroitsouth/listings/Prime-loc-9000sqft-Asset:-420k-Rev-LaundryBiz-Turnaround-Needed
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