Downtown Laundromat in South Bend, Indiana

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Financial Details

Asking Price:
$545,000
Annual Revenue:
$365,200
Cash Flow / SDE:
$154,900
Valuation Multiple:
3.5x
Location:
South Bend Brm, IN, US
Source:
Date:
June 04, 2025

Key Highlights

- Downtown laundromat in South Bend, Indiana with consistent customer traffic.
- Energy-efficient systems result in low utility costs.
- Opportunity for an owner-operator to increase profits; seller financing may be available.

Description

This is a downtown laundromat in South Bend, Indiana with steady foot traffic and limited local competition. The business thrives on repeat customers and has low utility costs due to energy-efficient systems. An owner-operator could boost earnings. The business has been operating for 11 years and has 3 employees. Some seller financing may be available.

Industry Information

Industry Description:
Coin Laundry & Laundromat
Classification:
Service Businesses

Listing Details

Listing ID:
3064e148-1472-4c52-b178-e96f686aeccd
Deal Status:
For Sale
Date Posted:
June 04, 2025
Last Updated:
June 04, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified
Tags & Categories
# laundromat # south-bend-indiana # owner-operator # low-competition # established-business