Business Summary:
Laundromats for Sale with south Dallas Locations! The current owner established these coin laundromats in 2016 and 2017, respectively. Both locations offer ample space - 5,500 square feet at one location and 5,000 square feet at the other - making them well-suited for generating higher income compared to smaller laundromats with limited machine capacity. Each location strategically serves specific market areas within a 2-mile radius, promoting synergy within the territory and facilitating convenient management of both sites. Additionally, both laundromats are positioned near high foot traffic areas in south Dallas County, ensuring convenient accessibility and attracting a larger customer base.Despite competition from established rivals, these businesses generate consistent revenue. These laundromats stand apart from competitors with their spacious facilities, attendants at all times, and competitively priced wash and fold service. The current owner splits the income from the wash and fold service 50/50 with the attendants. These laundromats also generate revenue from additional sources such as arcade games, soap sales, subleasing space, and gaming machines.Minimal marketing efforts are currently in place, but the business still benefits from strong word of mouth and highly visible locations. The business could benefit from proactive marketing to expand its existing customer base. This could include social media, direct mailing, door hangars, or punch cards to encourage return customers.There is substantial growth potential due to the rapidly expanding population of Dallas County and the possibility of securing more commercial accounts with schools, churches, police departments, etc., to generate more revenue. Lastly, while one laundromat currently subleases a financial kiosk for $1000 per month, the other laundromat still has available space that can be similarly utilized. Both laundromats are fully staffed with attendants who provide customer service while keeping the facilities clean. This creates a lucrative opportunity for a prospective buyer who would be interested in acquiring two established laundromats with minimal owner involvement required.For more info, please call Kevin Chung at 1-866-519-2421.
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