High End Digital & Coin Laundry Franchise

Business Overview:

Happy to present a rare opportunity for a well-funded Buyer to enter the coin laundry industry in a major Texas MSA as a franchisee with an ultra-high-end newly established turn-key coin op laundry in a highly visible location off a major thoroughfare. Sales are on an upward trajectory as of the last 6 months, and especially as of the 4th quarter of 2024.

This turnkey laundry includes new infrastructure. All new plumbing, electrical, gas, and HVAC. Includes topline fixtures and equipment. The amount above is the depreciated value of the equipment and leasehold improvements.

Robust systems have been instituted, with both digital and coin choices for customer with loyalty program.

Long term lease in place. Landlord pays water bills! Seller’s lease rate is currently $5,307.68 with stair steps, including NNN. Seller has over 8 years remaining with (2) 5 yr. options.

4 Employees who handle the daily operations. One is potentially management material.

FFE amount above is the estimated fair market value of the equipment and leasehold improvements.

Open 7 days. 7-10

The Grand Opening was in 2023. Prior to that, it took over 6 months to do the build out. Securing the right location, permits, build out, and development of a new laundromat takes time. So in essence, the business is still in its infancy but achieving the results anticipated without the pick up and delivery program in place yet – which would be a significant boost to the sales and bottom line. More explained after receipt of NDA from qualified buyers.

The store is hitting the marks it should be doing at this point and growing. The last quarter of 2024, is more indicative of go forward.

The ideal buyer would be a family office or a private equity firm with committed capital who wants to kick-start its entry into the industry with systems in place as a franchisee and potentially expand with multiple locations.

SAVE YOURSELF 12-18 MONTHS AND TAKE ADVANTAGE OF ALL THE HARD WORK THE SELLER HAS DONE.

Support and training available via Seller and Franchisor training for the new ownership

REASON FOR SALE: Owners have busy full-time careers and have very little time to devote and give the business the attention it should be receiving, especially while it’s still building up

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Property Features and Assets:

$5,307.68 Monthly Bldg Rent. +/- 3,200 sq.ft.

Market Competition and Expansion:

$5,307.68 Monthly Bldg Rent. +/- 3,200 sq.ft.

GROWTH POTENTIAL & EXPANSION:

*More Commercial wash and fold accounts could be garnered.

*One could take advantage of two additional development territory locations for which the franchise fee has already been paid should you desire.

*Full time hands-on operator or a trusted manager would have the ability to drive customer service and continue to increase sales as the market is more aware of its existence. Owner is practically absentee.

*When pick-up and delivery is instituted, Seller anticipates additional sales.

*Room to add an ATM machine.

Reason for Selling:

Additional Details:

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