Well established Laundromat chain, Seven locations.

Description

Lighthouse Laundry presents an exceptional opportunity to acquire a dominant laundromat chain with seven locations across Maine's coastal communities. This well established business generates one million six hundred thirty one thousand three hundred fifty seven dollars in annual revenue and commands the market in the lucrative Coastal Maine region. Operating since the late 1980s, Lighthouse Laundry has built a reputation as The Luxury Laundromats, serving Portland, Freeport, Brunswick, Waldoboro, and Camden. The business offers comprehensive laundry services including self service facilities, wash and fold services, and dry cleaning options.Key strengths include market leadership with control of the coastal Maine laundromat market and established brand recognition, multiple revenue streams from self service, full service wash and fold, and dry cleaning services, modern infrastructure with well maintained equipment handling various load sizes including commercial grade washers, twenty four hour operations at several locations to maximize revenue potential, premium amenities including clean facilities with ATMs, vending machines, WiFi, and comfortable waiting areas, and a strong customer base built over decades of community presence with loyal clientele.The sale includes three point two million dollars in owned real estate, providing significant asset value and eliminating lease obligations, representing exceptional value in Maine's appreciating coastal property market. The seventh location in Bath, Maine presents immediate expansion potential with development plans and specifications already completed, addressing unmet demand in a strategic market location. Comprehensive one year oversight is included to ensure smooth transition and operational continuity. This turnkey operation offers an established revenue base, owned real estate portfolio, market dominance, and clear growth trajectory in Maine's stable coastal economy.