V-AID Business Investment Advises DFW Washes #1, LLC on Sale of Laundry City to BLW 1 Crestridge LLC.
Mesquite – V-AID Business Investment is pleased to announce the sale of Laundry City to BLW 1 Crestridge LLC. Laundry City is located in a 3,000 SF space of a freestanding building that is placed next to one of the busiest highways in a city and surrounded by densely populated residential areas. The address is 1903 Crestridge Dr. Mesquite,Texas 75149.
Laundry City was established in 2006 and later acquired by a previous owner in 2018 before the current owner acquired it in 2020. The majority of the customers are lower-income individuals and families from nearby densely populated residential neighborhoods.
Kevin Chung with V-AID Business Investment, as an exclusive business broker for Laundry City, provided sell-side advisory services for DFW Washes #1, LLC from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor 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.
“A prime location and free-standing laundromat has just been sold for the second time in four years. The new owner, driven by a passion to revitalize the business and create opportunities, seized this chance amidst a booming market for laundromats. The previous owner’s attempt to keep it in the family and boost income unfortunately didn’t pan out, despite investing in new machines and sprucing up the place. Now, with a fresh perspective and big dreams, the new owner is ready to transform the operation. It’s a story of fate too, as both buyer and seller, originally strangers from out of town, discovered they live in the same neighborhood, forging an unexpected personal connection. With this sale, the seller can now focus on their other ventures, while the new owner proudly takes the helm, eager to expand and acquire more businesses in the future. It’s a tale of new beginnings and bright horizons for this bustling laundromat.” Said Kevin Chung, CBI, VP of Business Brokerage for V-AID Business Investment in Dallas.
About V-AID
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 that will 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 640 transactions totaling over 150 Million Dollars and continuing.
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V-AID Business Investment Advises Team J&T Corporation on Sale of Lucky Eden Cleaners to ZMZ Management, LLC.
Flower Mound – V-AID Business Investment is pleased to announce the sale of Lucky Eden Cleaners to ZMZ Management, LLC. Lucky Eden Cleaners currently benefits from a great location in an affluent northwest Dallas neighborhood. The business occupies a 1,800 sq. ft. facility at the end cap of a retail strip center and has the added convenience of a drive-thru. The equipment is 3-7 years old and in excellent working condition. The address is 2001 Cross Timbers Rd #107, Flower Mound, Texas 75028.
Lucky Eden Cleaners an established dry cleaner in an affluent northwest Dallas area is now available for acquisition. This dry cleaner provides typical dry cleaning services, including laundry and alternations. This dry cleaner was acquired by the current owner in 2018. The customer base mostly comprises mid to upper-income individuals and families from the surrounding area. Additionally, this business maintains one wholesale account.
Joseph Kim with V-AID Business Investment, as an exclusive business broker for Lucky Eden Cleaners, provided sell-side advisory services for Team J&T Corporation from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor 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.
“This transaction involved many additional pieces to get the deal done. With creative ideas and a different approach, we were able to put this deal together that was satisfactory to both the buyer and seller, helping to create a win – win scenario. We were able to achieve a higher selling price than sellers’ expectations and help the buyer enter the dry-cleaning industry where he hopes to become a multi-unit operator after he settles in.” said Joseph Kim, Associate Business Intermediary for V-AID Business Investment in Dallas.
About V-AID
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 that will 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 640 transactions totaling over 150 Million Dollars and continuing.
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V-AID Business Investment Advises Charm Enterprises Inc. on Sale of WnB Factory to Kumar Business Holdings, LLC
Irving– V-AID Business Investment is pleased to announce the sale of WnB Factory to Kumar Business Holdings, LLC. WnB Factory is situated in a vibrant retail district, encompassed by a mix of independent establishments and corporate enterprises. The presence of a busy mall and numerous single-family homes nearby ensures a steady flow of foot traffic to the immediate area. The address is 2668 N Belt Line Rd. Irving, Texas 75062.
WnB Factory was established in 2021 by the current owner, who invested $300,000 in start-up costs. Opening a similar business would cost over $400,000. The surrounding businesses and the nearby mall attract customers from all over the metroplex. The customer base encompasses a wide range of demographics, including different ethnicities and income levels.
Kevin Chung with V-AID Business Investment, as an exclusive business broker for WnB Factory, provided sell-side advisory services for Charm Enterprises Inc. from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor 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.
“A delightful franchise burger and wing shop found a new home under the ownership of a passionate foreign investor, who was granted an E2 Visa. The investor was enchanted by the restaurant’s impeccable management, prime location, straightforward operation, and appealing price tag. With all visa requirements swiftly met, the buyer wasted no time and sealed the deal within a month of expressing interest. This timely closure brought joy to both parties – the seller, who could now pursue exciting new ventures, and the buyer, eager to embark on their American journey for personal and professional fulfillment.” Said Kevin Chung, CBI, VP of Business Brokerage for V-AID Business Investment in Dallas.
About V-AID
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 that will 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 640 transactions totaling over 150 Million Dollars and continuing.
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Q2 2024 V-AID Newsletter
Articles in this new issue are about Buyers Pay Premium for Profitable Restaurants as Sale Prices Jump 9%, Sellers Unload Distressed Retail and Manufacturing Businesses at Reduced Prices, 70% of Small Business Owners Say Inflation Not Easing, Labor Costs Weigh Heavy, and 2024 Market Outlook.
The V-AID Monthly Newsletter was created to provide the latest news, updates, and insights to buyers and sellers for small businesses in Main Street (values $0-$2MM) and the lower middle market (values $2MM-$50MM).
V-AID Business Investment Advises Ghazi, LLC. on Sale of 1st Wash & Dry to Vortex Wash Corp.
Dallas – V-AID Business Investment is pleased to announce the sale of 1st Wash & Dry to Vortex Wash Corp. 1st Wash & Dry is 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. The address is 8786 Ferguson Rd #137 Dallas, Texas 75228.
1st Wash & Dry was established in 2004 and acquired in 2023 by the current owner. The customer base is predominately Hispanic or African American in the low to middle-income range, from the local neighborhoods and apartments.
Stephen Lee with V-AID Business Investment, as an exclusive business broker for 1st Wash & Dry, provided sell-side advisory services for Ghazi, LLC. from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor 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.
“A timeless coin laundry that has been situated in the local area is now under new ownership ready to tackle the market with fresh new energy. This business has been established for two decades and now with the new owner, will be fully revitalized for the local community.” said Stephen Lee, CBI, Senior Business Intermediary for V-AID Business Investment in Dallas.
About V-AID
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 that will 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 640 transactions totaling over 150 Million Dollars and continuing.
Read More