SOLD – Coin Laundry
Prime location top-of-the-line coin laundry with the highest volume against all competition in the local area is available for acquisition. This business was originally established over a decade ago by the current owner of the business in 2005. Most of the customers are middle-class Hispanic individuals that live in the surrounding densely populated residential neighborhoods and many retail businesses that attract this specific demographic to the local area. Although no marketing is in place, this business doesn’t require much marketing to sustain itself with consistent sales as the demographic in the area is optimal for this business. Competition is expected for this business industry, but all the competitors in the area lack top-of-the-line machines and can’t compete with this business that is currently the highest volume coin laundry in the city. There are some ways to proactively market this business such as direct mailing, social media outlets, retail products, and owner involvement. Owner involvement isn’t especially required but will help the business retain more cash flow and keep customer service quality at tip-top shape as the owner will provide better services than employees. This business has everything in place for a potential buyer to proactively manage the business while keeping every aspect on a day-to-day basis in prime shape.