104 N Royal Ave Florence, AL 35630

Building Details

Year Built

2006

Listing agency Marcus & Millichap | Birmingham Show Phone

Listed by Eddie Greenhalgh · License #License(s) AL: 0000882980 Show Phone

Source Marcusmillichap

Added: Apr 3 Updated: Jul 10 at 1:15PM Checked: Jul 23 at 2:35AM

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Investment Insights

Based on property information with market context.

An established neighborhood laundromat is available for acquisition, presenting a business with stable demand and potential for operational improvements. The current pricing for washing and drying is below market rates compared to nearby laundromats, suggesting an opportunity to increase revenue through pricing adjustments. An experienced operator could improve profitability through operational efficiencies, expense management, and additional revenue streams, such as wash-and-fold services, vending, or commercial laundry accounts. The property is 1800 square feet. This offering is suitable for both owner-operators and investors seeking a cash-flowing essential-service business with value-add potential.

Key Highlights

• Established neighborhood laundromat with stable demand.
• Opportunity to increase revenue through pricing adjustments.
• Potential for improved profitability through operational efficiencies and expense management.

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FAQs

What type of property is this?

Retail space - Neighborhood laundromat for sale with revenue growth opportunities.

Where is this retail space located?

The property is located at 104 N Royal Ave Florence, AL.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: Established neighborhood laundromat with stable demand.; Opportunity to increase revenue through pricing adjustments.; Potential for improved profitability through operational efficiencies and expense management.