Turnkey Laundromat, Providence County, RI

Financial summary

Asking Price

$295K

Cash Flow (SDE)

$300K

Gross Revenue

$300K

SDE Multiple

1.0x

Detailed information

Industry

Cleaning & Facility Services

Source

eastcoast

First indexed

Jun 13, 2026

Data quality

Excellent (80/100)

low multiple, high SDE margin, priced below 1.5x revenue and strong SDE.

Key points

• •Self-service laundromat in Providence County, RI; cash-based model with no inventory or perishables.
• •Asking price $295,000; cash-only transaction, no seller financing.
• •Requires hands-on owner involvement; not suitable for absentee operation.
• •No financial metrics (revenue, earnings, customer count) disclosed in listing.
• •Buyer must provide proof of funds and sign NDA before receiving financial details or site visit.

Business description

Business Overview Here is a rare opportunity to enter the laundromat industry at an accessible price point with strong cash flow. This self-service laundromat is a straightforward, easy-to-operate business — ideal for a hands-on owner-operator looking to build equity in a proven, recession-resistant industry. With no complex inventory, no perishables, and a simple cash-based model, this is one of the cleanest entry points into small business ownership available today. Why This Business Works for You The laundromat industry is one of the most reliable in small business — customers need clean clothes regardless of the economy. This location offers a low barrier to entry at $295,000 with significant upside for a motivated owner who is present and engaged. An absentee model this is not — but for the right hands-on buyer, the rewards of running a tight, community-serving operation are well within reach. Transaction Requirements This is a cash-only transaction . No seller financing will be considered. Serious inquiries only — all interested buyers must provide proof of funds (POF) for the full $295,000 and execute a Non-Disclosure Agreement (NDA) prior to receiving any financial details or scheduling a site visit. Ideal Buyer Profile First-time business buyer looking for a manageable entry point Existing laundromat operator seeking to add a location Investor transitioning from W-2 to business ownership Hands-on owner willing to be present and grow the operation

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