Asking Price$1000K
Annual Revenue (reported)$350K
SDE (unverified)$98K
Price/SDE Multiple10.2x
Revenue Margin28%
MachinesNot disclosed
Listing StatusIndexed - source needs review
Last Indexed2026-06-26
Listing Summary
Mixed use Laundromat and Residential with an asking price of $1000K, reported annual revenue of $350K, and SDE of $98K. Located in Duluth, MN. Price/SDE multiple: 10.2x.
Deal Signals
- Healthy reported margin
Questions to Ask Before Offering
- Can the seller provide trailing 12-month profit and loss statements plus tax returns?
- What are the lease terms, renewal options, rent increases, and landlord assignment requirements?
- What is the age, brand, and condition of washers, dryers, boilers, card systems, and vending equipment?
- Can utility bills verify the reported revenue and operating margin?
- Why is the asking price high relative to reported SDE?
Verification Notes
Source indexed; financials have not been independently verified. Request supporting documents before submitting an offer. Ask for profit and loss statements, utility bills, equipment list, lease terms, and tax returns before signing an LOI.
More laundromats for sale: Duluth, MN · Minnesota · all states
Source: Original source listing
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