Profitable Laundromat Business
For Sale
$799,000
Pending
2020 Parker Street, San Luis Obispo, CA 93401
Established laundromat with growth potential in prime location.
Property SizeContact for details
Days on Market361
Property Features for 2020 Parker Street
General Information
Standard status
Pending
Property subtype
Commercial/Industrial
Listing Agency:
Dani Blain Real Estate Inc.
(559) 631-0562
Listed By:
Blake Shawn · License #01956562
(559) 631-0562
Source:
Exitrealty
Added: Aug 31, 2025
Changed: Aug 25
Last Checked: Aug 26 at 6:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dani Blain Real Estate Inc.
Investment Insights
Based on property information with market context.
A profitable self-serve laundromat, Mustang Laundromat, is available. The purchase includes Fluff and Fold, a subsidiary company that provides wash, dry, fold, and delivery services. The laundromat features new Speed Queen touch equipment and building improvements exceeding $500,000. The remaining lease term includes 3 options totaling 19 years. Equipment includes six 20LB SQ washers, six 30LB SQ washers, four 40LB SQ washers, three 60LB SQ washers, three 80LB SQ washers, ten 30LB stack dryers, five 45LB stack dryers, two 500RL standard change makers, and one 8-slot soap dispenser. This business has room to grow in a prime location.
Key Highlights
- High profitability self‑serve laundromat with additional income from Fluff and Fold service.
- Substantial investment in new Speed Queen equipment and building improvements exceeding $500,000.
- Long‑term lease with 19 years remaining across 3 options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,042
Businesses Nearby
Explore this area
Business Placement
Demographics for 93401, CA
29,877
Population
14,363
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
64.2 sq mi
ZIP Area
465
Density / Sq Mi
$95,386
Median Household Income
$47,898
Median Earnings
$1,859
Median Rent
$943,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Established laundromat with growth potential in prime location.
Where is this retail space located?
The property is located at 2020 Parker Street San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: High profitability self‑serve laundromat with additional income from Fluff and Fold service.; Substantial investment in new Speed Queen equipment and building improvements exceeding $500,000.; Long‑term lease with 19 years remaining across 3 options.
