Prime Location Laundromat with Wash & Fold with Commercial Accounts

About this property

This is a rare opportunity to own a well-established and respected laundromat that has been serving the community for over 40 years. Located in Southern Wisconsin just north of Chicago, this turnkey operation is the only laundromat in the area offering Pick-Up & Delivery (PUD) service, setting it apart from the competition. With a solid base of self-service and Wash & Fold (WDF) clients, as well as multiple active commercial laundry contracts, this business offers consistent, diversified revenue streams—including retail sales and vending income. The facility features Huebsch and Speed Queen machines (19 washers and 20 dryers)—most washers are less than two years old—and PayRange mobile payment technology on all machines, offering customers a modern and seamless experience. The laundromat is staffed with fully trained attendants and a reliable delivery driver, allowing for semi-absentee or absentee ownership if desired.

All details

Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.

Before you call the broker

9 things are not disclosed on this listing. These are the questions that would close the gap — specific to a laundromat, not a generic list.

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  Net operating income — not disclosed

  What is the trailing twelve-month NOI, and what does it include and exclude?

  The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.

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  What period the financials cover — not disclosed

  Are these figures trailing twelve months, last calendar year, or projected?

  A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".

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  Gross income and operating expenses — not disclosed

  Can you share a trailing twelve-month profit and loss, with the expense lines itemised?

  NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.

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  Reason for sale — not disclosed

  Why is the owner selling, and how long have they held it?

  Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.

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  Whether real estate is included — not disclosed

  Does this sale include the building, or is it the business with a lease?

  Most of the value in a laundromat purchase. The audit is right that sources almost never publish it.

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  Lease terms — not disclosed

  What is the remaining lease term, the rent, the escalations and the renewal options?

  A business-only purchase with three years left on the lease is buying three years. This is the number that decides the deal.

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  How revenue is evidenced — not disclosed

  How is revenue documented — card system reports, tax returns, or owner estimates?

  A largely cash business needs evidence beyond a seller spreadsheet. What you can verify is what you can finance.

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  Utility cost and who pays — not disclosed

  What do water, gas and electricity cost annually, and are any included in the rent?

  The largest operating expense in a laundromat, and the one most often understated.

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  Whether the figure is SDE or NOI — not disclosed

  Is the income figure seller discretionary earnings or net operating income?

  SDE includes the owner salary; NOI does not. Treating one as the other overstates what you can pay by a wide margin.

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  Asking price — disclosed

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  Currency of the asking price — disclosed

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  Machine count, age and mix — disclosed

What has changed

Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.

1. Sep 6, 2026First seen by UnitListed

The asking price has not changed across any of our observations.