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Business for Sale
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Woburn, Massachusetts, US
Asking Price$1,700,000
Annual Revenue$775,000
SDE$336,388
Financial Highlights
- Asking
- $1,700,000
- Revenue
- $775,000
- SDE
- $336,388
Business Description
Annual Figures:
Gross: $775,465.16
SDE: $336,388
Annual Expenses:
Payroll: $220,001.00
Utilities (Electric, Water, Gas, Internet, Waste): $77,800.52
Rent: $38,492.32
(Remaining expenses to be provided upon execution of an NDA)
Business Highlights:
High-Volume Location: Well-established laundromat located approximately 15 miles outside of Boston, serving a strong and loyal customer base.
Fully Absentee Ownership: Business is operated with minimal owner involvement; owners spend approximately 2–3 total hours per week combined.
Experienced Staff: Managed entirely by long-tenured employees, with the longest employee in place for 4–5 years, creating strong customer familiarity and continuity.
Established Systems: Proven, automated workflows and operational systems in place for smooth day-to-day operations.
Services Offered:
Self-Service Laundry
Wash & Fold
Pickup & Delivery
Dry Cleaning (outsourced, high-margin)
Clean Financials: Books and P&Ls are well-maintained and organized.
Equipment Profile:
20 Washers: Approximately 5–10 years old, well-maintained
18 Dryers: Under 2 years old, fully replaced during recent renovation
Lease: Strong remaining lease term in place till 2040.
Additional Income: ATM owned by the business, providing supplemental revenue.
Increase marketing efforts (currently minimal Google Ads spend)
Expand Pickup & Delivery routes
Grow outsourced dry-cleaning volume
Financing Available through Eastern Funding ONLY: 40% Down Minimum
NO SBA
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Details
- Location
- Woburn, Massachusetts, US
Growth & Value Simulator
Why this is here: If you buy this business and grow revenue while expenses stay flat, that extra revenue usually drops to the bottom line. A modest growth rate can translate into a much higher exit value because buyers price businesses on earnings × a multiple.
Assumes expenses stay flat.
Minimum 2.5× is common on main-street deals.
Base Revenue
$775,000
Base SDE (today)
$336,388
Implied Value (today)
$840,970 @ 2.50×
Year 3 Revenue
$897,159
Year 3 SDE (flat expenses)
$458,547
Year 3 Implied Value
$1,146,368 @ 2.50×
Added value after 3 years (vs. today)
$305,398
Assumes revenue grows by 5.0% per year, expenses stay the same, and the valuation multiple stays constant at 2.50×. This is a quick, directional gut-check — not a forecast. Real-world costs and multiples can change.