Rare Area Developer Franchise Resale/Semi Absentee

Business Overview:

Nationally Branded Laundromat has rare Area Developer franchise for the Bexar and Travis County territories. Area Representative receive $24,950/unit of each franchise fee for each unit sold and 2.75% on all yearly revenue from the laundromats (approx.$12,000/unit).

There is three (3) newly open in the San Antonio market producing $2100 /month in passive royalty income and two more in buildout. Austin has one opening soon growing. There is room for 30 more laundromats in this market offering passive income potential of over $360,000/year and $748,500 in franchise fee income. Bonus: A single unit license to build a store comes with this deal.

Duties include marketing the area to potential store owners. Working with the Franchise company and the franchisees in your territory.

Full Franchise support and training as well as hands on training from the owner of the resale - continuous mentoring from both.

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Property Features and Assets:

Home-Based

Market Competition and Expansion:

Brand name & marketing comes with this first nationally branded, high-tech, eco-friendly laundromat in America. Competition is fragmented in the region consisting of mom & pop stores.

Reason for Selling:

Retirement

Additional Details:

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