V-AID Business Investment Advises S&A Khan on Sale of EZ WASH LAUNDRY to John D Ruchman Enterprises, LLC.
Plano – V-AID Business Investment is pleased to announce the sale of EZ Wash Laundry to John D Ruchman Enterprises, LLC. a local Coin Laundromat that has been serving the community of Plano since the 1960s. This business is located in a 2,400 SF space in a retail strip center on 915 W Parker Rd #327 Plano, Texas. This area in Plano is filled with many retail businesses that are nestled in middle-class suburban neighborhoods. Plano is one of the fastest growing cities in the world and has been developing as a business and entertainment hub. The business is also well exposed to high commercial and residential traffic.
Moon Kim with V-AID Business Investment, as an exclusive agent for EZ Wash Laundry, provided sell-side advisory services for S&A Khan LLC., provided sell-side advisory services for sellers from business valuation, marketing, negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business brokerage and M&A advisory firm that assists business owner to sell their business for the maximum value while finding the right buyer who can continue to grow the business.
EZ Wash Laundry was established in the 1960s, This business was established in the 1960s and was later acquired by S&A Khan, LLC. in 2010. The facility and equipment have also been greatly maintained, creating an edge for this business over similar nearby coin laundry services. The customer base consists of a myriad of immigrant ethnicities from surrounding neighborhoods. This coin-operated laundry has a prime location rooted in a lower-middle-class, blue-collar community, which makes it a perfect fit for the needs of the immediate community.
“This transaction was truly a value-add deal. I am so excited about the opportunity to help my client to achieve a full asking price as well as a triple-digit return on his business investment. I am certain the new ownership will not only benefit from strong cash flows but also continue to expand the business further as planned,” said Moon Kim, Managing Director 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 585 transactions totaling over 124 Million Dollars and continuing.