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- RE: Coin Laundry For Sale In N Dallas
- Contact: Joseph Kim
- License #: 567204
Quick Facts
Asking Price: | $65,000 | |
Annual Revenue: | $135,526 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $21,704 | |
Total Debt: | Not Disclosed | |
FF&E: | $70,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | Not Disclosed | |
BBN Listing #: | 979283 | |
Broker Reference #: | #001425 |
Business Overview:
Coin laundry laundromat for sale! A well-established laundromat with low rent is now available for acquisition! The business was established in 2000 before the current owner acquired it in 2006. The facility is equipped with washers and dryers that are mostly 10 to 15 years old, offering traditional coin-operated services along with the added convenience of bundle service.
Located in a retail strip center, nearby apartment complexes and residential neighborhoods, the area is densely populated. The laundromat primarily serves lower-income individuals and families. The demographic profile of the area makes it an ideal location for this business. Although there are a few competitors in the vicinity, this laundromat distinguishes itself through exceptional customer service provided by an active owner-operator and by being the only facility in the area to offer bundle service.
Despite limited marketing efforts, the business enjoys strong word-of-mouth referrals and a loyal customer base. To fully capitalize on its potential, implementing proactive marketing strategies—such as online and social media marketing, direct mail campaigns, flyers, and targeting commercial accounts—could significantly boost revenue. Additionally, there are untapped opportunities for extra income through the introduction of gaming machines or vending machines offering drinks, snacks, and laundry supplies.
This laundromat presents a prime opportunity for a qualified buyer seeking to enter the laundromat industry or for experienced operators looking to expand and enhance an already successful business. With all essential elements in place for smooth operations, this is a great chance to acquire a business with a solid foundation and significant growth potential.
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Property Features and Assets:
The area is densely populated, and the retail center is located in a busy retail strip center near apartment complexes and residential neighborhoods. It provides ample parking and is adjacent to a major highway, providing high visibility and easy access. / Inventory: $500 (Not Included in listed price).
Market Competition and Expansion:
Competition: There are a few competitors in the vicinity, this laundromat distinguishes itself through exceptional customer service provided by an active owner-operator and by being the only facility in the area to offer bundle service. / Growth and Expansion: To fully capitalize on its potential, implementing proactive marketing strategies—such as online and social media marketing, direct mail campaigns, flyers, and targeting commercial accounts—could significantly boost revenue. Additionally, there are untapped opportunities for extra income through the introduction of gaming machines or vending machines offering drinks, snacks, and laundry supplies.
Reason for Selling:
RetirementAdditional 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
Documents:
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