1328 S John B Dennis Hwy, Kingsport, TN 37660

PRICE REDUCTION!!!

Exceptional Investment Opportunity: Profitable Laundromat in Kingsport, Tennessee

Attention Entrepreneurs and Investors

Seize the opportunity to acquire a highly profitable, recession-resistant laundromat in Kingsport, Tennessee. Galloway Enterprises has successfully operated a portfolio of well-established laundromats in Kingsport, TN and in Virginia locations for years, ensuring consistent revenue growth and strong market dominance.

✅Turnkey, high-margin business with minimal oversight required
✅Recession-resistant & essential service industry
✅Limited competition – only three competing laundromats in the area
✅Built-in customer base with loyalty program & strong retention rates
✅Owner will consider some financing for qualified buyers

Why Invest in Laundromats?

Laundromats are one of the most reliable and profitable small business investments, known for their high cash flow, stable demand, and long-term ROI.

Industry Insights:

• Average laundromat ROI: 20-35%, making it one of the best passive income investments.

• Average laundromat profit margin: 25-35%, with well-run locations achieving 40%+ – this portfolio exceeds industry benchmarks with a 53%+ profit margin.

• Recession-Proof Business: Laundromats thrive in all economic conditions, as clean clothes are a necessity, not a luxury.

• Minimal labor costs: 70%+ of laundromats operate without full-time employees.

This laundromat and all others under this ownership have consistently outperformed industry benchmarks, providing exceptional cash flow and long-term stability.

Competitive Advantage & Market Control

• Market Leader: There are four other laundromats under this ownership within a 5-7 mile radius, optimizing operational efficiency and maximizing brand loyalty. Owner will consider a sale of all five business locations in Kingsport.

• Cutting-Edge Technology:

  • Loyalty card kiosks in 4 of 5 locations, creating a seamless multi-location customer experience.

  • Data-driven pricing strategies and customer analytics available through kiosk reports.

• Revenue Growth Potential:

  • Each time a loyalty kiosk was installed, the location experienced a significant revenue increase.

• Prime Locations: All stores are in high-traffic business and retail districts, ensuring a steady flow of customers.

Great Investment Opportunity! Profitable Laundromat business now available in I-26/Wilcox Drive area of Kingsport. This business sale also includes the lease hold interest at 1328 S. John B. Dennis Hwy. Located very near I-26, Exit 4, in a Price Less Foods anchored shopping center serving Eastman Chemical Company employees, Wilcox Drive and Meadowview area neighborhoods. Loyalty card kiosk installed.