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Businesses For Sale > Business For Sale in Fort Worth, Texas (TX)

Coin Laundry Laundromat for Sale with Low Rent for sale in Fort Worth, TX

Fort Worth, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 550,000 $ 186,766 $ 86,854

Furniture and Fixtures Value:
$ 150,000 (included in the asking price)

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

Real Estate:
(not included in the asking price)

Business Summary:
Coin laundry laundromat for sale! A great opportunity to acquire a long-standing laundromat located in a Fort Worth retail strip with low rent. Established in 2006 by the current owner, this business has been a consistent presence in the community for nearly 20 years.The laundromat occupies 2,086 sq. ft. of leased space in a retail center surrounded by dense residential housing, including single-family homes and multiple apartment complexes. The customer base includes a mix of demographics, mostly made up of lower-income individuals and families.The owner is minimally involved, mostly handles bookkeeping and coin collection. There is currently no marketing or advertising in place, presenting a clear opportunity for a new owner to grow the business through local outreach, digital marketing, and promotional efforts.Additional growth potential exists through the addition of wash & fold services and pickup/delivery options, which are currently not offered. A hands-on operator could significantly increase revenue by being more actively involved in the day-to-day business.The seller is seeking a qualified buyer to take over this well-established laundromat while unlocking the business’s full potential.For more info, please call Joseph Kim at 1-866-519-2421.

 

   
Year Business was Established: 2006
   
Number of Employees: 1PT  
   
Facilities / Terms of Lease: The laundromat occupies 2,086 sq. ft. of leased space in a retail center surrounded by dense residential housing, including single-family homes and multiple apartment complexes.  
   
Potential Growth/Expansion: Growth potential exists through the addition of wash & fold services and pickup/delivery options, which are currently not offered. A hands-on operator could significantly increase revenue by being more actively involved in the day-to-day business.  
   
Competition: Competition is to be expected in this industry. This laundromat stands out with its well-established location and dependable service.  
   
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: The owner will provide training for an agreed-upon period of time to allow a smooth transition into the business.  
   
Reason for selling: Other Opportunities  
   
Seller Reference Number: 001517
BusinessMart.com Listing Number: 320474
 

 

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For more info contact:

V-AID Group

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

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