V-AID Business Investment Advises THCORP, INC. and VINACO, INC. on Sale of Big Super Wash & Dry and Select Coin Laundry to TStrick Coin LLC
Dallas – V-AID Business Investment is pleased to announce the sale of Big Super Wash & Dry and Select Coin Laundry to TStrick Coin LLC. Big Super Wash & Dry and Select Coin Laundry is located in 5,212 square feet at one location and 5,600 square feet at the other. All equipment is currently in excellent working condition. Both laundromats are in prime locations in Dallas County, one is anchored by a national supermarket, and other by several local and national retailers and benefit from heavy foot traffic from the surrounding areas. The address is 3701 W. Northwest Hwy Ste 211 Dallas, TX 75220 and 3217 Dawes Dr Dallas, TX 75211.
Big Super Wash & Dry and Select Coin Laundry in Location #1 was first established in 2004 and acquired by the owner in 2013. Location #2 was established in 2011 and acquired in 2014. The demographic is made up of low to middle-income individuals and families. Mostly Hispanic customer base.
Moon Kim with V-AID Business Investment, as an exclusive business broker for Big Super Wash & Dry and Select Coin Laundry, provided sell-side advisory services for THCORP, INC. and VINACO, INC. 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.
“V-AID is excited to announce the successful sale of two well-established coin laundromats in Dallas, Texas! This listing was highly sought after due to its excellent locations, ideally suited for the industry, and consistently growing sales. However, there was one challenge that almost prevented a highly qualified buyer from acquiring it: the business was not bankable with conventional financing approaches which have severely limited lending options. It was our responsibility to devise a creative financing solution to ensure a successful closing for our clients. This is where 20+ years of experience and deep expertise came into play, allowing us to navigate the issue until it was ultimately resolved! After months of dedicated efforts, I am thrilled to have successfully facilitated the sale of these two laundromats between two exceptional industry professionals! As we near the end of the year, I take a moment to express my gratitude for the journey so far. Looking ahead, I am excited to continue supporting Texas business owners with unwavering dedication and persistence, ensuring their needs are met to the fullest extent possible.” 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 632 transactions totaling over 145 Million Dollars and continuing.