Lewisville- V-AID Business Investment is pleased to announce the sale of Coin Wash to Soap Daddy Laundry, LLC. The Coin Wash area is densely populated, and the retail center is located in a busy retail strip center near apartment complexes and residential neighborhoods. It offers ample parking and is adjacent to a major highway, providing high visibility and easy access. The address is 2305 S State Hwy 121 #130, Lewisville, Texas 75067.
Coin Wash was established in 2000, and the current owner acquired the business in 2006. The laundromat primarily serves lower-income individuals and families.
Joseph Kim with V-AID Business Investment, as an exclusive business broker for Coin Wash, provided sell-side advisory services for Benn B Kim 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 deal really highlights why sellers need the expertise of a business broker with experience by their side when selling their business. This deal was very complicated given the situation with a new landlord and a short time frame the seller had to sell the business. Even though the deal seemed impossible to accomplish once things started getting complicated, through perseverance and relentless effort, all parties were able to overcome many of the obstacles to get to the finish line,” 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 665 transactions totaling over 162 Million Dollars and continuing.
