New Finished Out Laundry Mid-Cities DFW Just Open

Business Overview:

Business Description:
• A unique, rare opportunity to own a laundry in a brand new location, without spending $1mm+ to build from scratch. Approx 2880 sf space.
• Prime location for an existing laundry owner to expand their operation..
•The laundry took 2 years to open, between all the various construction permits, and refurbishing the equipment Seller brought from his prior location.
• Perfectly located, it sits in a strip shopping center at a red light for easy ingress and egress.
• The laundry has a Facebook page and Instagram account. No mainstream website yet.
• After the first week and half, Google was already finding his store.
• An enclosed drop off area with a counter is ready for someone to add wash/fold & dry services.
• As it just opened, there are no employees, and Seller is working the business full time, without yet offering bundle services.

Hours Open: Monday- Mon-Sat – 7am to about 9pm (last wash at 8pm.) Sunday 7am to about 8pm (last wash at 7pm)

FF&E: Estimated at $200,000.FMV in use in place + Depreciable Leasehold Improvements/Infrastructure of $186,379. + (+ Occupancy Costs while under construction of $86,467.)

Support and training available via Seller for 2 weeks by mutually agreed appointments. And will consult for another 2 weeks after the initial training.

Reason for Sale - Undercapitalized as it took longer than anticipated to finish out. To recoup investment and pay off all debt.

This is not a solicitation or offering to sell securities.

Listing Broker Erin Bonner, Transaction Intermediary, Consultant & Business Broker.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

+- 2880 SF

Market Competition and Expansion:

Closest competitor about 2.5 miles away. This location is the only one close to the juncture of 2 major thoroughfares in the area. Vend pricing is lower than the competition.

Growth & Expansion:
• New ownership could hire an employee and increase hours. Currently opens at 7am and last wash is at 8pm. Most laundries are open until at least 10pm if not 11pm.
• New ownership could develop a website, or mobile landing page, send out mailers once a year, etc.
• If desired, new owner could add card readers to the machines. However, the Seller believes that most customers prefer coins.
• Add wash/dry/fold
• Add Pick-Up & Delivery Services

Reason for Selling:

SEE BUSINESS DESCRIPTION. Kindly ask the seller for more information.

Additional Details:

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