Laundry business for sale! This thriving coinless laundromat, equipped with state-of-the-art machines just four years old, is now available for acquisition in a rapidly growing North Dallas suburb. Since 2020, this laundromat has been catering to the community with self-serve laundry services, with sales that have been continuing to grow and are now averaging over $50,000 a month from self-service. This business features advanced, energy-efficient machines with card readers and wash-and-fold services. Customers can conveniently use credit cards or purchase a store card where they can load money for machine use. Additionally, vending machines stocked with drinks, snacks, and laundry supplies are readily available.
Strategically located next to a major roadway, this laundromat boasts high visibility and easy access. The standalone facility is in close proximity to a nearby university with over 40,000 students enrolled and is surrounded by various small businesses, apartment complexes, hotels, and single-family homes. The primary customer base consists of Hispanic and African American individuals, families, and college students with low to middle-income levels. Despite some competition, the laundromat has consistently grown its sales by maintaining clean facilities, ensuring machine reliability, delivering excellent customer service, and fostering customer loyalty with its card system. The energy-efficient machines also help to lower utility costs, contributing to higher profitability.
The laundromat enjoys an excellent reputation, primarily driven by word-of-mouth, positive Google reviews, and an official website. There is significant potential to further enhance its marketing efforts. Effective strategies could include expanding its presence on social media platforms, distributing flyers, and launching direct mail or email campaigns. To maximize revenue, the new owner might consider adding amenities such as massage chairs or game machines or implementing a pick-up and delivery service.
The business is efficiently managed by three part-time attendants who ensure exceptional customer service and maintain high cleanliness standards. The owner is involved on a part-time basis, dedicating approximately two to three hours per day to managing financials, overseeing employees, and inspecting the facility.
Overall, this well-established laundromat presents an excellent investment opportunity with steadily growing sales, state-of-the-art coinless machines, a prime location, and substantial potential for future growth.
