business · Consumer services
Card-operated laundromat with delivery growth option
Providence County, Rhode IslandStatus: activeVerified 9/20/2026
Asking price$299,000
Reported revenue$240,000
Reported cash flow$52,500
Real estateLeased; nine years plus a five-year option reported
BizGeno summary
A 1,600-square-foot laundromat combining self-service, wash-and-fold, and pickup and delivery. The long reported lease runway and card-operated equipment support continuity, while the economics depend heavily on validating utility costs, equipment life, delivery margins, and whether projected 2026 figures are supported by completed results.
What stands out
- The source presents $240,000 of projected 2026 revenue and a $50,000–$55,000 projected cash-flow range.
- The seller reports one long-tenured full-time employee and two part-time employees.
- Base rent is reported at roughly $1,965 monthly and total rent including taxes and CAM at about $2,613.
Questions worth asking
- What were actual trailing-12-month revenue, cash flow, utility expense, and wash volumes versus the 2026 projection?
- What are the age, ownership status, maintenance records, and replacement schedule for every washer, dryer, and card system?
- Which commercial and delivery accounts are recurring, transferable, and profitable after labor and vehicle costs?
- Does the lease permit assignment, delivery operations, equipment replacement, and another five-year renewal on defined terms?