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Brand New Coin Laundry
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $400000
Net Profit / Cash Flow $210000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2009
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training in all aspects of the business.
Reason for Sale Other opportunities.
Description Just like brand new coin laundry with $400K annual washer and dryer revenues which is located in Grand Prairie is now available for sale. Established just 3 years ago in 2009, sales and net profit have been growing steadily in this economy. The laundromat has been gorgeously built out and is equipped with brand new top of line laundry and dryer units all of which are still under warranty. The owner of this laundromat always puts one attendant at a time during business hours in order to assure good customer service and to keep the store spotless at all times. Vending, soaps, and games also offered by the laundromat are good extra source of income which can be expanded as well since there is a plenty of room to add more of those. Just like brand new top of line equipment coupled with good customer service and clean store is one of the competitive advantages this laundromat has over others. This is a great opportunity to acquire a coin laundry with high volume and top of line brand new equipment.
Asking: $850,000
Furniture, Fixtures & Equipment: $450,000 (Included in listed price)
Inventory: $1,500 (Included in listed price)
Financing: 100% cash at closing or third party lending with 30% down.
Facilities: Occupied in a 5,000SF of retail strip center located in a corner of an intersection with high traffics. All equipment was purchased 3 years ago and is still under warranty until 11/30/2014. All equipment and facilities have been immaculately maintained and kept just like brand new.
Competition: Competitors do exist due to tremendous demands for coin laundry in this area.
Growth And Expansion: Sales have been steadily growing since established in 2009. Adding more vending and game machines could generate more extra income. Selling Texas lottery is another good source of revenues as well.
Primary Phone: 972-247-3202 or 866-519-2421
Click Here To Contact Seller
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