Full Service Laundromat for Sale
302 S 29th St
Billings, MT 59101
FOR SALE
Property Type:
Street RetailAmount:
$570,000
Last Verified:
Feb 07, 2023
Koinonia Laundry Business & Real Estate for Sale
PRICE REDUCED to $570,000
2,732 SF of Buildings
7,000 SF Lot
Zoned Neighborhood Mixed Use
Koinonia Laundry Business Includes:
The business operated at 302 S 29th St
Operations include self service all cash laundromat and full laundry services and linen supply
Includes all business assets located within the property (no vehicles)
Includes all existing accounts and contracts
Includes the brand and associated materials
Includes training (up to two business weeks) on current operations
302 S 29th St Real Estate:
Zoned Neighborhood Mixed Use
1,521 SF Retail Building
All new within the last five years:
400 Amp building service
2" water service with new bulkhead
Building sewer cleanouts
Foam spray roof and metal patio roof
High efficiency HVAC system
(2) High efficiency on demand water heaters
(8) Dual Tumble Dryers
(14) Commercial Washer Extractors (16 total, 2 are preexisting)
(3) Change Makers
(2) Vending Machines
ATM
18 Camera security system
Door lock system hardware and software
(3) Sheds
Vinyl fence with metal driveway gate
LED Lighting inside and out
New paint inside and out
2910 3rd Ave S Real Estate:
1Bed/2 Bath Single Family Residence
1,211 SF House
Included on same lot at Koinonia Laundry building
New 200 amp service
New high efficiency hot water heater and HVAC system
Replacement windows/doors
Remodeled kitchen/dining and second bath
House is stripped down outside of those two rooms and currently used as business extra space
Business Furniture, Fixtures & Equipment:
(2) 60# Speed Queen Coin Op Extractors
(2) 40# Speed Queen Coin Op Extractors
(2) 30# Speed Queen Coin Op Extractors
(3) 20# Speed Queen Coin Op Extractors
(7) 14# Speed Queen Super HE Top Load Washers
(6) 30# Speed Queen Dual Stacked Coin Op Tumblers
(2) 45# Speed Queen Dual Stacked Coin Op Tumblers
(2) American Changer Bill to Quarter Changers
Standard Changer Bill to Bill Exchanger
8 Slot Full Electronic Soap Vending Machine
Thru Wall ATM
Food & Drink Vending Machine
Singer Commercial Sewing Machine
Clam Shell Steam Press
Garment Steamer
(2) hand wash tubs
Coin Counter
Rolling Utility Cart
Mop & Mop Bucket
Brooms & Shovels
Touchscreen POS Computer Set
18 Camera HD Security System w/ Monitor
Ticket/Receipt Printer
Canon Office Machine Fax/Scan/Print
Trash Cans
(4) 8 Bushel Laundry Truck
(2) 6 Bushel Laundry Truck
(4) SS Hanging Carts
(2) Large SS Angle Carts
(2) Small SS Angle Carts
(2) Small SS Square Carts
(6) SS Shelving Units
(2) 36 inch Flat Screens w/ Antenna
Time Clock
(3) SS Tables
(3) Blue Folding Tables
Large White Folding Table
(2) Vacuums
(1) Carpet Cleaner
Linen & Dry Cleaning Bags
(1500+) Linen Supply Rags
(200+) Logo Wash & Fold Bags
X Racks
Hanger Stands
(2) Seating Units w/ Tables
(30+) 3x5 Linen Supply Entry Mats
(20+) Linen Supply Mops
ALL SHOP SUPPLIES ON HAND AT THE DATE OF SALE (i.e. vending machines' stock, cleaning supplies, operations supply)
Promotional Materials on Hand (not including our personal likenesses, not including commercials; those may be purchased separately if wanted)
Social Media Accounts
All Logos and Applicable Digital Files
Does not included any vehicles (may be purchased separately if wanted)
Commercial Accounts (Scheduled Service at least once per month - Does not included scheduled residentials): List of accounts available to qualified buyers
Peak Season Repeat Residential Accounts : 360 - 450 (Jan-Aug)
Off Season Repeat Residential Accounts : 220- 250 (Sept - Dec)
Guest laundry pickup/delivery coordinated through the front desk at 90%+ of Billings hotels/motels
NOTE: Seller is willing to sell just the coin opp laundry business and real estate for $500,000 and retain wash/dry/fold laundry assets.