Refine/Revise Search
Asking Price: $769,000

Self- and Full-Service Laundry: Out of State Owner

Williston, ND
Williams County

Strategically located in Williston, ND, which is a temporary home for over 100,000 laborers who migrate to the region for work in the agriculture, fields, and energy industries, and reside in temporary homes who need the access to do laundry. This 3,600 sq ft facility offers self-service laundry, shower facilities and drop-off services where employees will wash, dry and fold laundry for the customer. The owner lives out of state and only visits a few times a year. The business has 1 general manager along with 4-5 laundry techs. This spacious laundromat was established in 2012 and competition in the area is very low. The pay-per-load machines utilize a card service as opposed to cash and coin which is much more secure and safe, especially for the out of-state owner. Included in the purchase price is over $474,000 in hard assets. An SBA lender has pre-approved this deal structure. North Dakota is ranked 2nd, after Texas, as the highest oil producing state. Due to this fact, many oil companies will send swathes of contractors to this area and this business is noted as a preferred laundromat for their employees. Priced at $769,000, a 15% down payment of $115,350returns $108,294 in the first year after debt payments! Plus, the owner is offering a 10% promissory note and 6 months of training, as a sign of good faith. This activity has brought the business to a 41% profit margin. A new owner could boost revenue by offering starching and dry-cleaning services or by offering pick up services in the area and nearby towns.

Cash Flow $213,170
Revenue $519,267
$ Owner Financing Available

Asking Price: $382,500

Six Figure Earnings - Sales of $1.1MM

Bismarck, ND
Burleigh County

Six Figure earnings of more than $182,000 were generated along with $1.1 MM in revenue in 2023 at this full service Restaurant for Sale in the thriving market of Bismarck, North Dakota. Unparalleled opportunity for those with a passion for the culinary arts that want limited hours. Purchase this restaurant along with a great lifestyle since the location is only for dinner only Tuesday through Saturday. Well trained staff and low market rent contribute to the high profitability and return for the owner. Bring your offers for this well-established full service Restaurant for Sale and just 20% down! Our lenders will be happy to finance the rest on this stable opportunity with strong cash flow. The seller has painstakingly crafted an incredible brand, ensuring a seamless transition for the new owner. All recipes and complete training for the new owner will be available to ensure you can continue to deliver the same menu and level of service. All that along with more than $1.1 million in sales and earnings of $182,273 last year on limited hours! Purchase this successful full service Restaurant for Sale from We Sell Restaurants and you're buying more than an eatery. Inherit a legacy of excellence and a turn-key operation that the current owner has meticulously perfected over the years. The seller will provide invaluable direct training, sharing the secrets that make this establishment thrive. Housed in 3,000 square feet, the location offers a low monthly rental rate of just $3,690. Currently, the restaurant operates limited hours, giving you the freedom to expand operations at this Restaurant for Sale as you see fit. Open additional days or extend the existing hours—it's your call. With ownership comes the power to shape your own destiny and enjoy the quality of life you desire. Securing financing for your dream venture has never been easier. Our reliable lending partners are ready to assist serious buyers with an offer on this Restaurant for Sale opportunity. With only 20% down, you can finance the remaining amount over a ten-year period. Well trained team members are in place to continue operations under new ownership. Contact the Restaurant Brokers today and begin your culinary odyssey by becoming the new owner of this Restaurant for Sale! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

Cash Flow $182,273
Revenue $1,127,597

Asking Price: $1,500,000

North Dakota Oilfield Services Co. with IP

Not Disclosed, ND
Not disclosed

Project Dakota is an oilfield service company that focuses on recycling flowback and produced water as required for coiled tubing plug drill/clean out operations. Their solutions include water recycling, oil recovery, reporting, water testing, chemicals, and mixing plant services. Major customers include XTO and ConocoPhillips. The company is located in North Dakota in the Bakken.Business Highlights: Market Channels: The company works with E&P majors predominantly and also some oilfield service companies. Company Growth: Management sees growth opportunities in converting their entire fleet to self-cleaning amiad systems, increasing sales team to multiple regions, and adding a sales team with relationships direct to Coil Tubing Operations. Competitive Advantage: The company is a market leader and is well placed to capitalize on the Bakken shale due to its geographical placement. Few competitors are in the region they currently serve and none of them have the separation technology. The company being a market leader, has an excellent reputation and provides impeccable service to customers and excellent relationship with all vendors. Management: Current ownership would stay on to help as needed for a transition period. There are essentially “General Managers” over the office which would be intact going forward for new ownership. Industry Growth: Demand for the Oil & Gas industry has been very high of late, with commodity prices returning to levels not seen since 2014. The global oilfield services market size was $267.82 billion in 2019 and is projected to reach $346.45 billion by 2027, exhibiting a CAGR of 6.6% Financials: Strong asset base and excellent candidate for financing. The company was resilient during the 2020 “COVID year” and is expected to grow 50% this year. 2020-2021 saw some customer slowdown which is starting to pick up in 2022. Revenue could exceed $3m this year, but management currently projects $2.5m to be conservative. Management has “pivoted” to be more focused and profitable during this downturn increasing margins as a result.

Cash Flow $750,000
Revenue $2,000,000

loading...
TOP ▲
Add Businesses and/or Franchises
To Basket For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.