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Thriving Laundromat with 20 Years of Established Presence

Lewisville, NC

Service Businesses

Thriving Laundromat with 20 Years of Established Presence

Asking price

$220,000

Cash flow (TTM)

$50K

Reported by seller

Revenue (TTM)

$116K

Reported by seller

Inventory

$NaN

Reported by seller

EBITDA (TTM)

Private

Released after NDA

ScoutSights · Computed insights

The narrative

A look inside Thriving Laundromat with 20 Years of Established Presence.

This self-service laundromat has been a staple in the community for two decades, recently undergoing renovations costing over $15,000. The business operates unattended, making it ideal for absentee ownership or for those managing multiple locations. It boasts a remarkable long-term lease with over 24 years remaining, including renewal options. The current lease features an initial 15-year term with two 5-year extensions, all at a competitive rental rate of about $18 per square foot. Situated in a densely populated rental market with around 10,000 residents within a mile, it enjoys approximately 60% renter occupancy. The facility includes 22 washers and 22 dryers, both of which present opportunities for modernization. Potential for additional revenue exists through the sale of convenience items and the introduction of services like wash & fold and pickup & delivery. A signed confidentiality agreement is necessary for exact location details.

The fine print

Detailed information.

IndustryService Businesses
Real estateLeased
LocationLewisville, North Carolina
Year establishedNot disclosed
Lease expirationNot disclosed
Monthly rentNot disclosed
FF&ENot disclosed
Growth & expansionNot disclosed
Support & trainingNot disclosed
Contact number
Email

BizScout Score

How this listing scores against everything else on BizScout.

An at-a-glance read on listing quality. Higher means the deal is well-priced, the financials look healthy, and the data is well-documented. A low score often means the seller hasn’t shared enough data yet, not that the deal is bad.

78
BizScout Score
0 · Poor50 · Fair75 · Good100 · Excellent

Why this score?

Historical comps

How this asking price compares.

Compare this listing against same-industry asking prices in the BizScout listings database — peer percentiles, sector asking-price multiples, and the 18-month asking-price trend.

Recent comparable sales

Industry context

The industry this business sits in.

Size, momentum, structure, and where the risk concentrates.

Location & catchment

Lewisville, North Carolina

Reference data sourced from Census ACS, Census County Business Patterns, and NOAA Climate Normals. Exact address shared after NDA.

Why this deal stands out

The case for this acquisition.

Scannable cards on owner involvement, asset transfer, revenue quality, and other deal-shaping signals pulled from this listing.

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Asking price

$220,000

View on BizScout