SOLD – High volume coin laundry

Business Description

High-volume coin laundry built with brand new equipment and a solid customer base is available for acquisition. This business was established over half a decade ago in 2011 by the current owner of the business. Competition is expected for any coin laundry business, but this business is known for its large building size with brand new equipment that all competitors nearby lack. Most of the customers are a mix of demographics of all races that live in the nearby densely populated residential neighborhoods and traffic from the packed intersection. Although no marketing is taking place during the present time, proactive marketing methods are all readily available to generate this business more cash flow and customer acquisition. There are many ways to proactively market this business such as direct mailing, more vending machines, retail items, limo service, combo service, larger signage, and more owner involvement. Owner involvement is crucial to growing this business further as the involvement from the owner will cut unnecessary payroll expenses and increase customer relations. Keeping the facility up-to-date and spotless will incite more customers to come to this coin laundry compared to the other competitors that lack in upkeep. This coin laundry has everything in place for a potential buyer to come proactively market this business while being fully involved in the day-to-day operations.