V-AID Business Investment Successfully Facilitated the Transaction for 2J Star Logistics, LLC.
V-AID Business Investment Successfully Facilitated the Transaction for 2J Star Logistics, LLC. Euless, TX
Euless – V-AID Business Investment is pleased to announce the sale of Jiffy Wash. Jiffy Wash is in a 2,200 SF owner-absentee neighborhood laundromat located at Euless, TX.
Jiffy Wash is owner-absentee coin laundry that was established in 1995 and acquired in 2,014, paid for all with cash. The buyer was a long-time corporate office employee who purchased their first coin laundry for an additional passive income. The volume and the location were ideal for their first investment in their new venture. The seller and the buyer acquainted themselves quite well since their first encounter and became more than just a buyer and a seller. The seller ensured all the equipment was in working order and even saved spare parts for future needs. Despite the lack of availability of the financial statements, the supply of alternate documents to verify the presented sales and expenses was more than sufficient for the buyer to make a quick, informed decision. The overall transaction was satisfactory to both parties and smooth, as expected.
Kevin Chung with V-AID Business Investment, as an exclusive agent for 2J Star Logistics LLC., provided sell-side advisory services for sellers from business valuation, marketing, and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business brokerage and M&A advisory firm 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.
30+ year established owner-absentee coin laundry has been acquired and paid for with cash. The buyer was a long-time corporate office employee who purchased their first coin laundry for an additional passive income. The volume and the location were ideal for their first investment in their new venture. The seller and the buyer acquainted themselves quite well since their first encounter and became more than just a buyer and a seller. The seller ensured all the equipment was in working order and even saved spare parts for future needs. Despite the lack of availability of the financial statements, the supply of alternate documents to verify the presented sales and expenses was more than sufficient for the buyer to make a quick, informed decision. The overall transaction was satisfactory to both parties and as smooth as one can expect.” said Kevin Chung, Vice President 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 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 to 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.
