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Profitable Coin Laundromat In Dallas TX For Sale

Dallas, Texas, US
Asking Price:
$999,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$700,000
Cash Flow:
$260,000

HS Listing ID-61553

24 Hours.

Lease : 4 years and 3 months + 5 year option.

Sq. ft.: 3,300 (no basement).

Equipment: 48 Continental Washers (majority 17 years old) and 42 Huebsch Dryers (9 months old).

Employees: 10-11.

3 tankless water heaters are currently working fine; they were replaced once in the last 10 years. Room for 5 total.

Owned for 11 years, wants to retire.

There is no POS/CRM system in place.

seller owns vending machines, which, when coupled with soap sales for self-service, bring in roughly $75–100 per day.

Dry cleaning is outsourced for 50/50 of the gross revenue it brings in. total is 20,000 per year; the owner keeps ~10,000. owner does nothing (no sorting or tagging; he just receives the clothes).

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

4 years and 3 months + 5 year option

Leasehold Rent:

$78,000 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.

Financing available:

N/A