Business Overview:
Coin laundry in Ft. Worth - New on market - The store has updated the flooring, new paint, etc. Owner-operator could take in bundle service. Exact sales forthcoming by first of the year - * 118k is seller's best estimate until then. * EBITDA DE ~ $35K +. Gross Sales approximate. financial info based on trailing 12 through November 2011. Equipment is Speed Queen. Open 7 days, 1 PT employee. The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Equipment list forthcoming. Located in mix of lower income and blue collar area. Approximately 2,300 sq. ft; Rent $1,912 base + $491 nnn. Lease Expires 09/30/2014.
Market Competition and Expansion:
Coin laundries are a basic service.
GROWTH POTENTIAL & EXPANSION - No marketing has been done since this owner took over and remodeled. Nor does the business offer any bundle services at this time.
Reason for Selling:
Too Far from Other Laundry Locations
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: