V-AID Business Investment Advises Patwary Investment, LLC. on Sale of Wash It Kwik to TX Laundry, LLC
Denton – V-AID Business Investment is pleased to announce the sale of Wash It Kwik to TX Laundry, LLC. Wash It Kwik is in a 3,063 SF space of a freestanding building. Most major equipment is brand new and/or in impeccable condition. The address is 1825 W University Dr. Denton, Texas 76201.
Wash It Kwik was established in 2002 and acquired in 2022 by the current owner. The majority of the customers are corporate accounts from various locations all around the DFW metroplex, with some customers that physically come to the facility for self-service wash & dry. Most of the self-service customers are middle-income individuals coming from the surrounding densely populated residential areas. As most of the self-service customers normally don’t possess their own washer and dryer, the customers visit this laundromat on a daily or weekly basis.
Stephen Lee with V-AID Business Investment, as an exclusive business broker for Wash It Kwik provided sell-side advisory services for Patwary Investment, 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.
“One-of-the-best structured coin laundromat with a diverse team has now been sold. With this new transition of ownership, this business is poised to attack the market with new strategies and dedication to their customers than ever before.” said Stephen Lee, Senior 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 662 transactions totaling over 160 Million Dollars and continuing.