Finance your laundromat investment
Laundromats are proven cash-flow businesses, but they require significant upfront investment in commercial washers, dryers, and facility upgrades. Whether you are acquiring an existing location or retooling aging equipment, the capital requirements can be substantial and the operational details matter to lenders. Bay Street Lending helps laundromat owners and investors access financing designed for this asset-heavy business model. Our lender network includes SBA specialists familiar with laundromat acquisitions and equipment lenders who understand the durability and residual value of commercial laundry machines.
A full retool with commercial Speed Queen machines can cost $200K–$500K. Equipment financing spreads this investment.
Profitable laundromats sell for 3–5x annual cash flow. SBA loans provide the best terms for these acquisitions.
Water, gas, and electric are major expenses. Working capital ensures you can maintain equipment and keep utilities current.
Yes. SBA 7(a) loans are excellent for laundromat acquisitions. The consistent cash-flow model of laundromats makes them attractive to SBA lenders.
Commercial washers, dryers, change machines, card payment systems, folding tables, and vending equipment all qualify.
First-time laundromat buyers can qualify, especially with an SBA loan. Lenders look at your credit, down payment (typically 10–20%), and the business financials.
One application, no credit impact, and a dedicated specialist to walk you through your options. See what you qualify for in minutes.