Established Laundromat Business for Sale in Knox County, Tennessee
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Financial Details
- Asking Price:
- $350,000
- Annual Revenue:
- $170,900
- Cash Flow / SDE:
- $95,420
- Valuation Multiple:
- 3.7x
- Location:
- Knoxville, TN, US
- Sources:
- Date:
- May 03, 2025
Key Highlights
- Established laundromat in high-traffic Knoxville, TN location.
- Consistent cash flow with additional income from vending and sublease.
- Growth potential through commercial accounts and pickup/delivery services.
Description
Established laundromat business for sale in a high-traffic area of Knoxville, TN. The business has consistent cash flow with additional revenue streams from vending machines and subleased office space. Minimal staffing requirements and favorable lease terms are in place. Growth potential exists through commercial accounts and pickup/delivery services. The seller is retiring and will provide training and transition support.
Industry Information
- Industry Description:
- Cleaning/Clothing
- Classification:
- Service Businesses
Listing Details
- Listing ID:
- a6d518f9-9884-417f-9683-f9b334e9084d
- Deal Status:
- For Sale
- Date Posted:
- May 03, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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