NOT DISCLOSED, Texas
| Asking Price |
$1,400,000 |
Year Established |
2008 |
|
| Annual Revenue |
$627,042 |
Reason for Selling |
Other Opportunities |
|
| Annual P/L |
$0 |
Attention |
Stephen Lee |
|
| Annual Cash Flow |
$251,038 |
Listing Number |
1016564 |
|
| # of Employees |
3 |
Business Category |
Services: Dry Cleaning & Laundry |
|
Business Overview:
Owner Absentee Self Serve Laundromat for Sale! This established self-service laundromat in North Dallas presents an attractive opportunity for a qualified buyer seeking a fully equipped, turnkey operation with consistent sales and limited owner involvement. Established in 2008 and acquired by the current owner in 2019, the business provides convenient laundry services to a broad customer base and features a well-maintained mix of washers and dryers. Equipment is replaced as needed to support reliable operations, while a team of part-time attendants helps oversee daily activities and maintain a clean, comfortable environment for customers.
The laundromat operates from an approximately 4,558-square-foot space within a busy retail strip center that provides favorable visibility and customer traffic. The business benefits from consistent demand for convenient and dependable laundry services and has developed an established customer base within the surrounding community. Competitive pricing, attentive customer service, and well-maintained equipment have helped the business maintain a dependable presence despite competition within the industry.
The business currently conducts limited formal marketing and relies primarily on word-of-mouth referrals and its retail setting to attract customers. This provides several opportunities for a new owner to pursue additional growth through an enhanced online presence, local advertising, and other targeted marketing efforts. Further opportunities may include introducing wash-and-fold services and adding card readers or other cashless payment options to improve convenience and expand potential revenue streams.
The laundromat is operated on a primarily absentee basis, with the owner’s involvement largely focused on coin collection while three part-time attendants manage routine operations and facility upkeep. The current owner is seeking a qualified buyer to continue operating the business while building upon its established customer base and consistent demand. With its longstanding operating history and opportunities for additional services and marketing, the business provides a solid foundation for continued operation and future growth.
Property Features and Assets:
<p>The business operates from a 4,558-square-foot space in North Dallas within a busy retail center that benefits from strong visibility and customer traffic. / Inventory: $500 (Included in listed price).<br></p>
Market Competition and Expansion:
<p>Competition: Competition is to be expected in the coin laundry industry; however, the area exhibits a strong demand for laundromat services with an overflow of customers who require these services on a daily or weekly basis. / Growth and Expansion: several opportunities for a new owner to pursue additional growth through an enhanced online presence, local advertising, and other targeted marketing efforts. Further opportunities may include introducing wash-and-fold services and adding card readers or other cashless payment options to improve convenience and expand potential revenue streams.<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