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Business For Sale

COIN LAUNDRY WITH REAL ESTATE-EL PASO FOR SALE

Attn: Dale Bonner, LREA (of Erin Bonner, LREB)
El Paso, TX, USA
Listing Number: "GBS243"
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Asking Price: $450,000 USD USA Dollars
Business for Sale Industry: Services: Dry Cleaning & Laundry  
Year Established: 1998
# of Employees: 2 PT
Yearly Revenues: $120,000
Yearly EBITDA: $50,000
 

Business for Sale Overview:

This laundry was built in 1998 and sales have been steady over the last 2 or 3 years. This coin laundry offers a rare opportunity to own a coin laundry with the real estate enabling the new owner to be his own landlord and control his own destiny. Due to its location near rapidly expanding Ft Bliss, opportunities for future growth are significant. Gross sales and EBITDA based on 2006 figures.


Property Features and Assets:

Purchase price includes purchase of real estate. Facility is located in an area most likely to grow as a result of the anticipated troop growth at Ft Bliss. Approximately 2600 Sq. Ft. Building, Approximately 22,638 Land


Market Competition and Expansion:

Competition has always been significant in the laundry market area as this is an area of high demand for laundry services. Sales have been relatively steady over the last several years. Buyer could grow the business with promotions, fliers, advertising. Also, an owner operator could significantly expand the wash/dry/fold(bundle services) as significant opportunity exists in this location. This laundry is in the part of town most likely to experience growth from additional troops being relocated to Fort Bliss.


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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