Well Established Coin Laundry For Sale
Location: United States -> Texas -> Dallas/Fort Worth -> Dallas
Industry: Business Services > Laundry
Businesses for sale Summary
Purchase price $90,000. Seller’s have priced this business at the rock bottom price of only $90,000. This is a nice laundry to start with for an owner/operator. Seller currently runs the business semi-absentee with an independent contractor who helps open, cleans and closes the business when the owner cannot. For more information on this Coin Laundry for sale, email or call Dale Bonner at 972-484-5225.
Facilities: Lease expires at the end of the year. New owner will need to make their offer contingent upon a new lease. Game machines and gumball machine are not owned by Seller and are on a 50/50 split.
Competition: There is a competitor down the street but the seller states that there is enough busy for both businesses.
Growth and Expansion: New owner could advertise the business with fliers to the area homes and do some specials. Bundle service could also be offered for area residents or could extend the hours to 6 am to 11 pm. Also could offer WiFi for customers.
Financials
Asking Price Range: < $250K
Gross Revenues: $70,635
Cash Flow: $21,656
Cash Flow Type: EBITDA
Inventory: $80,000
Seller Financing: No
About The Business
Year Established: 1995
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will train for 2 weeks on an as needed basis with times to be negotiated.
Reason For Selling: Family health issues and other business interests.
