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Coin Laundry And Full-service Laundry Business For Sale

Not Disclosed, Texas, US
Asking Price:
$1,550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$637,365
Cash Flow:
$257,785

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, which 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 customers happy as they are able to do more laundry in less time.

Property Information

Real Estate:

Lease

Premises Details:

The real estate provides separate laundry facilities in four distinct locations, with an aggregate of just over 15,000 sf on parcels covering approximately 75,000 sf, and is available for an additional $1,680,000, yielding a total package price of $4,150,000.

Business Operation

Expansion Potential:

The population is continuing to grow in all of these counties. Additional stores could be added.

Competition / Market:

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.

Reasons for selling:

Owners are retiring.

Trading hours:

Monday-Sunday 8am-8pm

Employees:
8 FT
Years established:
34

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$1,200,000 down/$350K over 120 mos. @ 8%.

Furniture / Fixtures value:
$770,000 - included in the asking price
Inventory / Stock value:
$2,000 - included in the asking price