V-AID Business Investment Advises Coin Laundry 10, LLC. on Sale of Qwik Wash to Turan Clean Laundromats, LLC.
Dallas – V-AID Business Investment is pleased to announce the sale of Qwik Wash to Turan Clean Laundromats, LLC. Qwik Wash is located in a retail strip surrounded by apartments and duplexes at 816 N Fitzhugh Ave, Dallas, TX 75246. The facility has machines like new as most were replaced four and a half years ago and all three A/C units were replaced when the owner took over.
Qwik Wash was acquired by the current owner 5 years ago in 2018. The customers are mostly mid- to lower-income individuals and families within the immediate area. The owner has successfully operated the business by providing great customer service.
Joseph Kim with V-AID Business Investment, as an exclusive business broker for Qwik Wash, provided sell-side advisory services for Coin Laundry 10, LLC. 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 established coin laundry received many offers and inquiries as soon as it hit the market. We were able to pick a cash buyer who was able to achieve their dream of owning a laundromat. The buyers owned other businesses as well as being employed full-time in corporate America. The buyers decided to purchase the business to generate additional passive income as well as diversifying their investment portfolio. The current owner was not able to give his full attention to this laundromat and was not able to help this business achieve its full potential, but the buyers have a plan to help this business come into fruition.” Joseph Kim, Associate Business Intermediary for V-AID Business Investment in Dallas.
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 628 transactions totaling over 144 Million Dollars and continuing.