Established Multi-Unit Coin Laundry - Edmonton

Edmonton, Alberta

Asking Price: Annual Revenue:
$460,610 $554,316

Services: Dry Cleaning & Laundry

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RE: Established Multi-Unit Coin Laundry - Edmonton Broker: Fred H.

Quick Facts

Asking Price: $460,610
Annual Revenue: $554,316
Net Profit: Not Disclosed
Cash Flow: $263,960
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 2
BBN Listing #: 259133431
Broker Reference #: fh12

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Business Overview:

Profitable and modern coin laundry business. The premier candidate will have previous executive management, sales, or marketing experience. This established company is looking for a new area development manager to oversee the rapid growth of individual units in Canada. This HIGHLY successful business utilizes multiple revenue streams that create high, ongoing, and reliable profits. The individual units operate in a small 3000 square foot space which keeps overhead low and profits extremely high. We have brought real customer service and friendliness back to the coin laundry industry. The other independently owned coin laundries just cannot compete with our “State of the Art” laundry facilities.
- Top of the line “High Efficiency Machines Both Durable and Dependable”
- Passive Ownership Business – Full time attendants making minimum wage plus $1.00
- Multiple Revenue Streams – Wash, Dry, Fold, Coin Changer, Vending options and more…
- Best of the best surveillance and security measures
- Free Wi-Fi, spotlessly clean locations, well light and well maintained
- Consistent demand, absolutely recession resistant business
This is part of a very well-established and extremely successful franchise company. The area developer will split all franchise fees and royalties with the established parent company. The Area Developer will receive 50% of the franchise fees and 50% of the ongoing royalties of all unit franchise “top-line revenue”. Future revenue and cash flow estimates are amazing! Future royalties could grow to over one million annually. Additionally, the new Area Developer will also have the option to open a unit within the development territory to add immediate cash flow and bottom line profits. This could be the opportunity of a lifetime for the right individual. Full training and ongoing corporate support will be included. Contact Fred for detailed information..

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Property Features and Assets:

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Market Competition and Expansion:

Very popular name in the industry. High demand allows for continual long-term growth of this business.

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 a franchise resale opportunity.

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