Laundromats For Sale in Two Prime Dallas Locations 001267
Price: $1,250,000
Location: Dallas County, Texas
Industry: Service Businesses/Laundromats & Coin Laundry
Listing ID: 001267
Laundromats for sale in two prime Dallas locations! Are you interested in expanding your business portfolio and becoming a laundromat owner? Look no further because we have two prime locations available for acquisition today! With the two coin laundromats, you can reap the benefits of buying both businesses instead of just one.
Here’s why:
Our well-established coin laundromats are located in Dallas County and were acquired by the current owner in 2013 and 2014, respectively. Both locations offer plenty of space - 5,212 square feet at one location and 5,600 square feet at the other - making them ideal for generating a larger income than most typical laundromats that are smaller in size with less space for machines. Each location is conveniently situated near high foot traffic areas of Dallas County, making them easy to find and attracting more customers. Despite being surrounded by established competitors, these businesses remain reliable sources of consistently growing revenue over time. These coin laundromats are also perfect for the surrounding demographic, primarily low to middle-income individuals and families that do not own a washer and dryer at home- which will help your new businesses continue to flourish after acquisition. These businesses make most of their income from the laundry machines and draw revenue from additional sources like ATMs, arcade games, vending machines, and more. All of the machines are currently in excellent working condition, but a potential owner should gradually begin replacing the machines to ensure optimal future operations as the machines continue to age and experience natural wear and tear. There remains solid potential growth with the rapidly growing Dallas County population and additional wash and fold services that could be provided to generate more revenue. Best of all, these two shops come equipped with highly knowledgeable attendants to provide superior customer service - something your customers will smile about.
So if you’re looking for a profitable business opportunity, now is your chance! This offer won’t last long, so hurry up and contact us to acquire these two great businesses today before someone else beats you to it.
Down Payment: $437,500
Total Sales: $979,200
Cash Flow: $386,946
Inventory: $4,000 (Included in listed price)
FFE: $550,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Retirement
Training & Support:
The seller is willing to offer training and support for an agreed-upon period to allow a smooth transition into the business.
Absentee Owner: Yes
Square Footage: N/A
Facilities Information:
5,212 square feet at one location and 5,600 square feet at the other. All equipment is currently in excellent working condition. Both laundromats are in prime locations in Dallas County, one is anchored by a national supermarket, and other by several local and national retailers and benefit from heavy foot traffic from the surrounding areas.
Competition:
Few other direct competitors of this business are equally established. However, the business has performed well despite the competition because of the strong demand for coin laundry service in the immediate area. Also, there is no room for new competition to be established.
Potential Growth:
There remains solid growth potential with the rapidly growing Dallas County population. Additionally, a wash and fold service, often requested by customers, could be added to generate more revenue.
Financing/Terms:
100% Cash At Closing or SBA Financing financing with a 35% cash down payment.
