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- RE: Coin Laundry Laundromat For Sale
- Contact: Joseph Kim
- License #: 567204
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $191,991 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $87,559 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 1 | |
BBN Listing #: | 996828 | |
Broker Reference #: | #001517 |
Business Overview:
Coin laundry laundromat for sale! A great opportunity to acquire a long-standing laundromat located in a Fort Worth retail strip with low rent. Established in 2006 by the current owner, this business has been a consistent presence in the community for nearly 20 years.
The laundromat occupies 2,086 sq. ft. of leased space in a retail center surrounded by dense residential housing, including single-family homes and multiple apartment complexes. The customer base includes a mix of demographics, mostly made up of lower-income individuals and families.
The owner is minimally involved, mostly handles bookkeeping and coin collection. There is currently no marketing or advertising in place, presenting a clear opportunity for a new owner to grow the business through local outreach, digital marketing, and promotional efforts.
Additional growth potential exists through the addition of wash & fold services and pickup/delivery options, which are currently not offered. A hands-on operator could significantly increase revenue by being more actively involved in the day-to-day business.
The seller is seeking a qualified buyer to take over this well-established laundromat while unlocking the business¡¯s full potential.
Contact the Seller:
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Property Features and Assets:
The laundromat occupies 2,086 sq. ft. of leased space in a retail center surrounded by dense residential housing, including single-family homes and multiple apartment complexes. / Inventory: $500 (Included in listed price).
Market Competition and Expansion:
Competition: Competition is to be expected in this industry. This laundromat stands out with its well-established location and dependable service. / Growth and Expansion: Growth potential exists through the addition of wash & fold services and pickup/delivery options, which are currently not offered. A hands-on operator could significantly increase revenue by being more actively involved in the day-to-day business.
Reason for Selling:
Other Opportunities. Kindly ask the seller for more information.
Additional 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:
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