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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

  1. What were actual trailing-12-month revenue, cash flow, utility expense, and wash volumes versus the 2026 projection?
  2. What are the age, ownership status, maintenance records, and replacement schedule for every washer, dryer, and card system?
  3. Which commercial and delivery accounts are recurring, transferable, and profitable after labor and vehicle costs?
  4. Does the lease permit assignment, delivery operations, equipment replacement, and another five-year renewal on defined terms?