Coin Laundry Laundromat for Sale

NOT DISCLOSED, Texas

Asking Price	$275,000	Year Established	2004
Annual Revenue	$257,538	Reason for Selling	Other Opportunities
Annual P/L		Attention	Moon Kim
Annual Cash Flow	$62,602	Listing Number	986282
# of Employees	2	Business Category	Services: Dry Cleaning & Laundry

Business Overview:

Coin Laundry Laundromat for Sale! A well-established coin laundromat in West Dallas is now available for acquisition, offering significant growth potential. Established in 2004 and acquired by the current owner in 2015, this self-serve laundromat has been serving the local community for nearly two decades. The business provides customers with self-serve washing machines and complimentary drying with every wash, as well as selling laundry-related products for added convenience.

Located at a prime intersection surrounded by other businesses and a residential area, the laundromat benefits from excellent visibility and accessibility. The 3,000-square-foot facility is situated within a retail strip with ample parking, serving a predominantly low-income customer base. While there is some competition in the area, this laundromat stands out due to its long-standing presence and strong reputation for quality service. Customers consistently praise the cleanliness and maintenance of the facility, further cementing its position as a trusted local business.

For marketing the laundromat currently relies on word of mouth and a Google Maps page for reviews, but there is ample opportunity for growth through targeted marketing strategies such as direct mailers or social media advertising. Additionally, expanding services like offering wash-and-fold options could appeal to nearby college students, providing another avenue for increased revenue.

The current owner operates the business on a semi-absentee basis, overseeing financials with minimal day-to-day involvement. This presents a unique opportunity for a new owner to increase involvement and drive further financial growth. With other opportunities, the owner is seeking a qualified buyer to take over this well-established laundromat with untapped potential for expansion and new services to capitalize on its growth opportunities.

Property Features and Assets:

<p>This business occupies a 3000 sqft facility within a retail strip in West Dallas. / Inventory: $1,000 (Not Included in listed price).<br></p>

Market Competition and Expansion:

<p>Competition: There is competition in the surrounding area, but this business stands out as a well-established laundromat that has reliably served its community since 2004. / Growth and Expansion: Growth potential for marketing is strong with potential strategies like direct mailers or social media advertisements. Other possible ways to grow the business could be implementing a wash-and-fold service catering to nearby college students.<br><br><br></p>

Additional Details: