Business For Sale

Prime Laundromat Anchored By Hispanic Supermarket

Not Disclosed, TX
Dallas County

Northwest Dallas


Asking Price: Annual Revenue:
$125,000 $190,428

Services: Dry Cleaning & Laundry


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RE: Prime Laundromat Anchored By Hispanic Supermarket Broker: Kevin Chung

Quick Facts

Asking Price: $125,000
Annual Revenue: $190,428
Net Profit: Not Disclosed
Cash Flow: $37,845
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 1
BBN Listing #: 301219188
Broker Reference #: 000702

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Business Overview:

Prime location coin laundry in North Dallas that was built from ground-up since the inception of the business is available for acquisition. This business was first established over a decade and a half in 2002 by the current owner of the business. Most of the customers are middle-class Hispanic individuals that live in the surrounding densely populated residential neighborhoods and apartment complexes as well as some customers from the major grocery chain that anchors this business. Gross sales average was $160,000/year that has slowed down recently due to renovations being needed for the business as well as some replacement of the machines. Although no marketing efforts is in place in the current time other than word of mouth, proactive marketing in diverse methods is crucial to the further growth of this business in terms of cash flow earned each year and acquisition of new customers from untapped areas of the city. Competition is expected for this common business industry, but the surrounding residential areas within the city provides such an ample amount of customers that the local coin laundries each have their own demographics and loyal customers that have come throughout the last several years. There are many ways to proactively market this business such as direct mailing, bundle deals, renovation, update machines, social media outlets, loyalty program, large signage, arcade machines and vending machines with retail items. Creation of other sources of income will help immensely in generating more revenue and attracting customers that find other competitors lacking in amenities. In order to reach its full potential and to compete with other businesses in the immediate areal, some machines may need to be replaced, interior and exterior may have to be renovated and upgraded, offer loyalty programs, and the new management needs to keep the place clean and welcoming. This business has everything in place for a potential buyer to proactively market the business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 4,500 Square Feet retail strip center that is anchored by a major grocery chain placed next to the intersection of two large roadways. All equipment is impeccable condition and in working order. / Inventory: $200 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but the population of the area is so dense that the coin laundries in the area already has a customer base built in each location. / Growth and Expansion: There is no marketing done at the current time other than word of mouth.

Reason for Selling:

Other Opportunities / Retirement.

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.

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