Request More Information Contact the Seller
- RE: Coin Laundry Business: Denton County TX
- Contact: Joseph Kim
- License #: 567204
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $162,756 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $24,883 | |
Total Debt: | Not Disclosed | |
FF&E: | $175,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 2 | |
BBN Listing #: | 990662 | |
Broker Reference #: | #001490 |
Business Overview:
Coin Laundry business for sale in Denton County! This long-established coin laundry, in operation since 2005, is now available for sale. The current owner has operated the business since 2015 and has maintained minimal day-to-day involvement. Over the years, the laundromat has built a strong reputation and is relied upon by loyal customers from the surrounding residential community. The facility is well-equipped, with 90% of its machines being Speed Queen washers, and has recently been updated with new water heaters and air conditioning units.
Located in a busy shopping center, the business benefits from high foot traffic and close proximity to apartment complexes and residential neighborhoods. The area is densely populated and primarily serves lower-income families and individuals, making it a great fit for a self-service laundromat. While there is a smaller competitor nearby, this laundromat stands out due to its long-standing presence and higher quality of service.
The laundromat is currently fully attended with 2 full time employees with the current owner managing coin collection and book keeping. A more hands on operator is needed and ramp up marketing and offer new services like pick-up and delivery. Currently wash and fold service is offered, which generates $1,500 to $2,000 in revenue but all profits are kept by the employees. A new owner could take advantage of growth opportunities by launching digital and social media campaigns, distributing flyers, running direct mail promotions, or building relationships with local commercial clients.
This is a great opportunity for someone looking to enter the laundromat business or for an experienced operator wanting to expand. With reliable equipment, a loyal customer base, and strong potential for growth, this business offers a solid foundation for future success.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Located in a large shopping center in North Dallas with nearby apartment complexes and residential neighborhoods, the area is densely populated. / Inventory: $500 (Included in listed price).
Market Competition and Expansion:
Competition: Although there is a smaller competitor in the vicinity, this laundromat distinguishes itself through its longevity and higher quality of service. / Growth and Expansion: Implementing proactive marketing strategies?such as online and social media marketing, direct mail campaigns, flyers, and targeting commercial accounts?could significantly boost revenue.
Reason for Selling:
Other OpportunitiesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information