Great COIN LAUNDRY-Super Equipment WOW PRICE

Not Disclosed, TX
Dallas County

Asking Price: Annual Revenue:
$265,000 $156,000

Services: Dry Cleaning & Laundry

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RE: Great COIN LAUNDRY-Super Equipment WOW PRICE Broker: Seller of Business

Quick Facts

Asking Price: $265,000
Annual Revenue: $156,000
Net Profit: $73,152
Cash Flow: $73,152
Total Debt: Not Disclosed
FF&E: $160,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 1
BBN Listing #: 583935290
Broker Reference #: 190212

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Business Overview:

Clean Coin Laundry-WOW Equipment-Great Location
Extraordinary Clean and Spacious coin Laundry. This is a laundry with a solid and great long standing reputation. (It has been here for 25 years.). It comes with location PLUS so Much More. There are two entrances, one in front, one in back; for easy convenient access to all. There is plenty of ample parking in both the front and back.

This is a great volume coin laundry that is located in a super neighborhood where the demographics are ideal for this business. Unlike other typical Laundromats which cannot avoid strong competition, this particular Laundromat has no competition in the immediate area.

WOW, the owner has just replaced the dryer with NEW DEXTER Models, and all of the equipment has been well maintained. In the last year the owner spent close to $100,000 in remodeling, new equipment, and upgrades.

This is an exceptional opportunity with either new or like brand new top line equipment coupled with good customer service and a super clean store.

There is room for added profits also, with adding vending, games, retail sales, and bundle service, etc.

The owner is absentee, but does have one contract full time employee that maintains customer service, cleanliness, etc.

This is a consistent revenue producer with the right equipment and location.

The owner has Health issues that dictate them having to move and sell this tremendous business. Take advantage of all it offers NOW! This will not last!

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

Property Features and Assets:

The rent on this property is $1,875 per month. The current lease has 4 years left on it and a 5 Year option. The space is approximately 2,200 square feet. There is parking in front and rear for easy access to all.

Market Competition and Expansion:

Competition: There is none nearby Growth & Expansion: Good growth by adding games or services, such as bundle wash, provide personal ironing and pressing clothes for the customers.

Reason for Selling:

Health Issues, Moving Away.

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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