Business Summary:
Laundromat for sale with 50% owner financing! A fully equipped laundromat with newly machines is now available in East Dallas! The current owner acquired and replaced most machines three years ago, making significant improvements by replacing most machines with new Dexter models.Strategically located in a prime area surrounded by apartments and single-family homes, this laundromat caters to mid to low-income individuals and families. Despite some competition, customer satisfaction, reliable machines, and competitive pricing have allowed this business to thrive.Under the current owner's management, the business has shown steady revenue growth. However, proactive marketing efforts, such as flyers, discounts, loyalty punch cards, or social media contests could prove effective ways to capture a larger market share. Growth potential could be unlocked by implementing delivery services and acquiring corporate accounts. The laundromat is also currently providing free dry which is another missed opportunity.Currently, the business operates with semi-absentee ownership. The owner oversees coin collection, while one full-time attendant handles daily operations, customer service, cleaning, and wash and fold services. Increased owner involvement or a full-time owner-operator could significantly boost cash flow by replacing the current attendant and reducing payroll expenses. This is a solid laundromat for a qualified buyer. Submit an NDA and Buyer Registration with V-AID to learn more!For more info, please call Joseph Kim at 1-866-519-2421.
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