Business For Sale & Franchise Search Engine  
   
My Account

Businesses For Sale > Business For Sale in West Dallas, Texas (TX)

Long Established Coin Laundry with Consistent Sales for sale in West Dallas, TX

West Dallas, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 325,000 $ 288,418 $ 76,043

Furniture and Fixtures Value:
$ 250,000 (included in the asking price)

Inventory Value:
$ 500 (included in the asking price)

Business Summary:
Two-decade established coin laundry with consistent and steadily growing sales is available for acquisition. The business was established in 2000 and was later acquired by the current owner in 2020. This laundromat is occupied in a 6,241 SF retail strip center with ample parking space just off the major highway in the city. A densely populated residential area surrounds it. The majority of the customers are Hispanic individuals and families from nearby densely populated residential neighborhoods and this area. Annual sales volume is around $310,000/year which is consistent on a year-by-year basis without any involvement in the operation. The owner's involvement is direly in need for this operation to thrive in the marketplace. Various services are provided at this coin laundry, such as wash & dry, bundle service, game machines, check cashing, etc. Many low-income families live in this area, and this coin laundry perfectly suits the demographics and ethnicity of this area. There are competitors in the area, but this business provides better customer service from bilingual attendants and a cleaner environment than the competitors. Currently, minimal marketing is in place other than word of mouth and return customers who enjoy. Still, more pro-active online and social media marketing, direct mailing, flyers, pick-up and drop-off services, and acquiring commercial accounts from schools, restaurants, and churches need to be utilized to achieve maximum income capacity and grow the customer base beyond the immediate market area. There are several ways to increase overall revenue and income immediately. Also, a full-time owner-operator, instead of hiring additional attendants, will allow the business to cut down on payroll expenses, increase business profitability, and improve the quality of service. This well-established coin laundry is ready for potential buyers to actively involve themselves in the business operation while marketing to grow the business to maximum income capacity.For more info, please call Stephen Lee at 1-866-519-2421.

 

   
Year Business was Established: 2000
   
Number of Employees: 2FT/1PT  
   
Facilities / Terms of Lease: This business is located in a 6,214 SF space of a retail strip center that is placed next to one of the busiest highways in a city and surrounded by densely populated residential areas.  
   
Potential Growth/Expansion: There is huge growth potential for this business as it is located by a busy freeway. Current prices for wash and dry are outdated and below market price. Rasing prices throughout the machines, as well as bundle service, can increase revenue and profitability significantly.  
   
Competition: There are competitors in the area but this laundromat has been established for over 20 years with established customers that provide consistent revenue and are located next to a busy freeway.  
   
Owner willing to finance: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.  
   
Owner willing to train: Owner will provide ample training for a smooth transition into operation  
   
Reason for selling: Burnt Out  
   
Seller Reference Number: 001223
BusinessMart.com Listing Number: 289689
 

 

To request more information
on this business
please fill out the form shown right





Businesses For Sale by City & State
Arizona
Chandler
Flagstaff
Phoenix
Scottsdale
Tempe
Tucson
California
Long Beach
Los Angeles
Orange County
Sacramento
San Diego
San Francisco
San Jose
Santa Clarita
Colorado
Aspen
Boulder
Colorado Springs
Denver
Fort Collins
Connecticut
Hartford
    Florida
Boca Raton
Brevard County
Broward County
Fort Lauderdale
Fort Myers
Jacksonville
Miami
Ocala
Orlando
Palm Beach
Sarasota
Tallahassee
Tampa Bay
Georgia
Atlanta
Augusta
Savannah
Hawaii
Maui
Oahu
Illinois
Chicago
Massachusetts
Boston
Mississippi
Missouri
Kansas City
St. Louis
New Jersey
Central Jersey
North Jersey
South Jersey
    New York
Albany
Bronx
Brooklyn
Kings County
Long Island
Nassau County
New York City
Queens
Staten Island
Suffolk County
Westchester County
North Carolina
Charlotte
Greensboro
Outer Banks
Raleigh / Durham
Ohio
Cincinnati
Cleveland
Columbus
Pennsylvania
Philadelphia
Pittsburgh
Tennessee
Chattanooga
Knoxville
Memphis
Nashville
Texas
Austin
Dallas
Fort Worth
Houston
San Antonio

Other
CANADA
UK
More Businesses For Sale
Businesses For Sale in West Dallas Texas
Franchises For Sale in West Dallas Texas
Long Established Coin Laundry with Consistent Sales For Sale in West Dallas Texas

Businesses For Sale by Category
Restaurants For Sale in West Dallas Texas
Car Washes For Sale in West Dallas Texas
West Dallas Texas Laundromats For Sale
Liquor Stores For Sale in West Dallas Texas
West Dallas Texas Gas Stations For Sale
Convenience Stores For Sale in West Dallas Texas
Internet Business For Sale in West Dallas Texas
West Dallas Texas Nightclubs & Bars For Sale
Automotive Businesses For Sale in West Dallas Texas
West Dallas Texas Routes For Sale
West Dallas Texas Pet Businesses For Sale
Wholesale & Distribution Businesses For Sale in West Dallas Texas
Manufacturing Businesses For Sale in West Dallas Texas
Marinas For Sale in West Dallas Texas

Buying a Business Resources
Buying a Business in West Dallas Texas
The Advantages of Buying An Existing Business in West Dallas Texas
Forget The Asking Price of A Business For Sale
Getting Into Business: Long Established Coin Laundry with Consistent Sales
How To Value A Long Established Coin Laundry with Consistent Sales

 

Printer Friendly or E-mail this Listing

For more info contact:

V-AID Group

www.v-aidgroup.com
866-519-2421

CONTACT SELLER

Full name:*

E-Mail:*

Telephone:*

Message Text:*

Disclaimer:

We are committed to your privacy. By clicking the Check Availability button you agree the phone number you provided may be used to contact you (including autodialed or pre-recorded calls), even if you are on the DNC list. Consent is not a condition of purchase.

©2022 MH Sub I, LLC dba Internet Brands
Broker Membership | Terms Of Use | Financial Disclaimer | Privacy Policy | Cookie Policy | Resources | Franchise Opportunities | Website Traffic Ranking | Sitemap | Careers | Contact Us | Do Not Sell My Personal Information |