SOLD – Coin Laundry in Tarrant County

Business Description

A high-volume coin laundry located in Tarrant County is now available for acquisition. This 6,700SF laundry is located in the hub of an area with a high Hispanic population. Brand new top-of-the-line washers were installed 4.5 years ago and all in excellent condition. The premises has plenty of unused space that can be turned into profit by adding more vending and/or game machines. The original 10-year lease is now left with 5 years and plus there is two additional 5-year renewal option. The current owner’s involvement is very minimal, spending less than 10 hours a week but makes the laundry fully attended at all times, and the owner pays all the attendants about 30-35% more compared to other Laundromats. The owner’s discretionary earnings would have been higher if labor had been managed more efficiently. This is a great opportunity to acquire a high-volume coin laundry with top-of-the-line equipment all in excellent condition located in the prime coin laundry location of Tarrant County.