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Laundromat For Sale In Austin

Austin, Travis County, Texas, US
Asking Price:
$900,000 Furniture / Fixtures included
Sales Revenue:
$463,064
Cash Flow:
$215,208

Laundromat for sale in Austin! This well-established laundromat in Austin presents an excellent opportunity for a qualified buyer seeking a fully equipped, turnkey business with growing revenue and minimal owner involvement. Acquired by the current owner in 2023, the business offers self-service laundry, wash-and-fold services, pickup and delivery services, and commercial laundry accounts. The facility is equipped with 28 washers and 28 dryers that accept both credit card and coin payments, and full-time attendants to help maintain a clean, welcoming environment for customers.

The business operates from an approximately 2,000-square-foot location within a busy retail center along one of Austin's major thoroughfares, benefiting from strong visibility and consistent traffic throughout the day. The surrounding area includes a dense mix of apartment communities, residential neighborhoods, and retail businesses that provide a steady customer base.

Current marketing efforts include an SEO-optimized website, social media marketing, promotional offers, commercial account outreach, and a wrapped delivery van that increases brand awareness throughout the market. A new owner has the opportunity to further expand revenue through hands-on involvement, additional marketing, customer outreach, and growth of the pickup-and-delivery and commercial account segments.

The owner operates the business on a semi-absentee basis and is primarily responsible for payroll and coin collection. Day-to-day operations are handled by three full-time attendants, one part-time attendant, and a delivery driver who oversee customer service, laundry operations, deliveries, and facility maintenance. With an experienced staff, loyal customer base, multiple revenue streams, and opportunities for continued growth, this turnkey operation is well-positioned for continued success under new ownership.

Property Information

Real Estate:

Lease

Location:

The business is located in Austin within a leased retail strip facility approximately 2,000 sq. ft. This laundromat is equipped with 28 washers and 28 dryers, vending machines, game machines, ozone machine, and a delivery vehicle.

Size in square feet:
1,986 SF

Business Operation

Expansion Potential:

Growth opportunities for this business can be achieved through hands-on ownership, and increased marketing efforts to secure additional accounts.

Competition / Market:

There are nearby competitors, but this laundromat stands apart with full-time attendants offering great customer service and a well maintained facility.

Reasons for selling:

Relocating out of state.

Trading hours:

The owner will provide two weeks of training.

Years established:
2014

Other Information

Financing available:

100% cash down at closing or SBA financing with a 20% cash down for qualified buyers.

Furniture / Fixtures value:
$175,000 - included in the asking price
Inventory / Stock value:
$2,000
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