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Two Coin Laundries
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $857551
Net Profit / Cash Flow $391507
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2009
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide a comprehensive training in all aspects of business for a smooth transition.
Reason for Sale Other opportunities
Description Two just like brand new coin laundries with $780K annual washer and dryer revenues which are located in Dallas area and Grand Prairie are now available for sale as a package. Established just 3 years ago in 2009, sales and net profit have been growing steadily in this economy. The two laundromats have been gorgeously built out and are equipped with brand new top of line laundry and dryer units all of which are still under warranty. The owner of these laundromats always put 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 laundromats 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 always spotless stores is one of the competitive advantages these two gorgeous laundromats have over others. This is a great opportunity to acquire two coin laundries with high volume and top of line brand new equipment as a package deal.
Asking: $1,650,000
Furniture, Fixtures & Equipment: $900,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% Cash at Closing or Third Party Lending with 30% Cash Down
Facilities: Grand Prairie Location: Occupied in a 5,200SF 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 06/05/2014. All equipment and facilities have been immaculately maintained and kept just like brand new. / Dallas Location: 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.
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