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Coin Operated Laundromat
Location: United States -> Texas
Industry: Business Services > Laundry




Business Summary

UNDER CONTRACT Excellent opportunity to acquire a laundromat that has been established for over 20 years! The current owner has owned this laundromat for over 15 years. This is a large laundromat that runs 7 days a week from 7AM to 9PM. The owner is semi-absentee as he owns multiple laundromats. This location is about 6, 000 sq ft and is fully equipped with 80 washers and 70 dryers. The equipment is in great shape and the store is always kept super clean. 4 vending machines, a skill crane game, 2 candy machines are also included in the sale.

Due to the high amount of interest that is expected with this listing and all laundromat listings, I will require for a buyer's profile in addition to a confidentiality agreement to be completed. Please fully understand that this is an all-cash business. If you are looking for a business that has detailed balance sheets, financial statements or tax returns, this may not be the business for you.

In order to receive additional information, please complete and submit the contact form on this website with your full name, email and cell phone number.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $312,000
Cash Flow:   $112,968
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,500
Seller Financing:  Yes

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  family

Photos

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Coin Operated Laundromat Photo 1




Print Listing Id: 700372874
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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