Coin Laundry And Full-Service Laundry Business
Not Disclosed, TX Not Disclosed
East Texas
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- RE: Coin Laundry And Full-Service Laundry Business
- Contact: Robin Brown
Quick Facts
| Asking Price: | $1,550,000 | |
| Annual Revenue: | $637,365 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $257,785 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $770,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 8 | |
| BBN Listing #: | 947375 | |
| Broker Reference #: | 6206-18386 |
Business Overview:
This full-service laundry business has four locations with which to serve a variety of customers and their varying laundry needs. They offer self-service – that can be paid for with both coins and credit cards, as well as wash and fold laundry, dry cleaning, and commercial laundry services. This impressive business even offers pick-up and delivery.
These laundry facilities are the only game in town in a four-county area, making them the go-to business for a vast number of people across a wide area.
This business features reliable washers and dryers that can take 2 to 6 loads of laundry at a time, keeping happy customers as they are able to do more laundry in less time.
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Property Features and Assets:
The real estate provides separate laundry facilities in four distinct locations, with an aggregate of just over 15,000 square feet on parcels covering approximately 75,000 square feet, and is available for an additional $1,680,000, yielding a total package price of $4,150,000.
Assets = $772,000
Market Competition and Expansion:
These laundry facilities are the only game in town in a four-county area making them the go-to business for a vast number of people across a wide area.
The population is continuing to grow in all of these counties. Additional stores could be added.
Reason for Selling:
Owners are retiring.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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