V-AID Negotiates Sale of 29-Yr Established Coin Laundry in Fort Worth
Fort Worth –Well-established coin laundry known as Coin Laundry Fort Worth is now under new ownership since September 23th, 2021. Acquired by WASHCOIN4U INC., this 4,500 SF space in a retail strip center located at 1134 E. Seminary Dr., Fort Worth, TX 76115, will provide you with an easily accessible option for your every laundry needs.
Moon Kim with V-AID Business Investment, as an exclusive agent for Coin Laundry in Fort Worth, provided sell-side advisory services for the owner of this business from Business Valuation, Marketing, negotiating the sale to transfer of business, and real estate ownership. V-AID Business Investment is a fully-fledged business brokerage and M&A advisory firm that assists the business owner in selling their business for the maximum value while finding the right buyer who can continue to grow the business.
Coin Laundry in Fort Worth was established by previous owners in 1992 and was later acquired by TVT Investments, LLC. in 2012. The majority of the customers are Asian and Hispanic individuals from surrounding densely populated residential neighborhoods and local businesses.
“I have provided business exit strategies to Nguyen’s family since 2011. This is the 8th coin-operated laundry I have assisted them in selling since then. I am very excited to have successfully closed another well-established operation according to their exit planning in a timely manner.” said Moon Kim, senior business intermediary of the brokerage team for V-AID Business Investment in Dallas.
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas, TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy to ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a Completion of 585 transactions totaling over 124 Million Dollars and continuing.