NOT DISCLOSED, Texas
| Asking Price |
$699,000 |
Year Established |
2015 |
|
| Annual Revenue |
$237,800 |
Reason for Selling |
Other Opportunities |
|
| Annual P/L |
$0 |
Attention |
Joseph Kim |
|
| Annual Cash Flow |
$128,811 |
Listing Number |
1011339 |
|
| # of Employees |
1 |
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
Laundromat business for sale! A well established and fully equipped laundromat with reliable sales is now available for purchase in Dallas.
Established in 2015 and acquired by the current owner in 2025, this laundromat includes all Dexter machines along with three 7-ton A/C units, helping provide a comfortable environment for customers.
The business is located in a strong area for the laundromat industry and is surrounded by apartments and duplexes that provide a steady customer base. Even with nearby competition, the laundromat has continued to do well by offering dependable machines, competitive pricing, and good customer service.
The business has shown steady revenue growth under the current owner, while still offering room for improvement. Additional marketing efforts, such as flyers and delivery services, could help increase sales. A more hands-on owner could also increase cash flow by taking over the wash-and-fold and retail services currently handled by the attendant. There is also a small extra space inside the business that could potentially be rented out for a check cashing business or another small business, creating additional income and bringing in more foot traffic.
The laundromat is currently run on a semi-absentee basis. The owner mainly handles coin collection while one full-time attendant manages the daily operations, customer service, cleaning, and wash-and-fold services.
Property Features and Assets:
<p>Retail strip location in Dallas surrounded by apartments and duplexes. This laundromat has well-maintained Dexter machines and three 7 ton A/C units. There are also vending and game machines that help generate extra revenue. / Inventory: Not Disclosed.<br></p>
Market Competition and Expansion:
<p>Competition: There are a few other laundromats nearby. However, this laundromat enjoys a loyal customer base that prefers the reliable machines, competitive pricing, and wash-and-fold customer services provided by this business. / Growth and Expansion: Prices for washers need to be increased as they are one of the lowest among laundromats. An owner operator could eliminate payroll expenses and take over the income from wash and fold and retail as the current attendant takes all the profits. There is also a small space that could be rented out for check cashing that will generate rental income and bring additional traffic as the area is currently lacking check cashing services.<br><br><br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity