Laundromat Business for Sale in Dallas
East Dallas, Texas
Asking Price: |
Gross: |
Cash Flow: |
$120,000 |
$114,773 |
$29,188 |
Furniture and Fixtures Value:
$120,000 (included in the asking price)
Inventory Value:
$500 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Laundromat business for sale! Established for two decades, this coin laundry business boasts a significant track record since its inception in 2004 and subsequent acquisition by the current owner in 2023. The well-maintained 3,040 sq. ft. facility, situated within a retail strip center, accommodates a range of services, including washer and dryer machines, vending machines, and children's play rides. With ample parking space, the location is strategically positioned to facilitate easy access.The business caters to a predominantly Hispanic and African American customer base, primarily from local neighborhoods and apartments falling within the low to middle-income range. While few local competitors exist, the business benefits from an established customer base. Sales have demonstrated consistent performance, with marketing efforts limited to a previous flyer distribution (over a year ago) and reliant mainly on positive word of mouth.Operated by an owner absentee, the business has minimal day-to-day involvement from the owner, who handles payroll, bookkeeping, vending machine resupply, and coin collection. Opportunities for growth lie in potential equipment upgrades and the implementation of social media and online marketing strategies. Despite the absence of a current marketing plan, the business remains robust, presenting avenues for expansion and increased visibility in the market.For more info, please call Stephen Lee at 1-866-519-2421.
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Year
Business was Established: 2004 |
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Number of Employees:
1PT |
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Facilities / Terms of Lease:
Located within a retail strip center, the business occupies a 3,040 sq. ft. facility that contains well-maintained machines. The area is suitable for a coin laundromat and offers a generous amount of available parking space to allow ease of access. |
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Potential
Growth/Expansion:
Opportunities for growth lie in potential equipment upgrades and the implementation of social media and online marketing strategies. |
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Competition:
There are few competitors in the local area, but the customer base has already been established. |
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Owner
willing to finance:
100% down at the time of closing. |
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Owner
willing to train:
The owner will provide the necessary training needed to operate. |
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Reason for selling:
Other opportunities |
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REQUEST MORE INFO |
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