Offers due by 12/1 - Turnkey Laundromat -PRICED BELOW MARKET

Fort Worth, TX
Picture of the actual laundromat for sale
Asking Price:$80,000
ASSET SALES DESCRIPTION

Legacy Mainstreet brokerage presents a stellar opportunity to acquire this well-established, 2,000 sq. ft. laundromat located in the heart of the rapidly growing River Oaks neighborhood in Fort Worth, Texas. This business is ideally situated in an area seeing significant development, with new city projects and an influx of low income and affluent residents, making it a prime location for long-term success and rapid growth.

The current owner is now out of state and is looking for a cash buyer to purchase the assets of the business to add to an existing laundry operation or take over and open the doors for business again. Seller purchased this laundromat a year ago and the business has been closed the entire time for efficiency improvements (new plumbing, digital water heaters, etc) so we aren't able to provide a P+L or any financials but it has passed inspection, received permits from the city, and is ready to re-open under a new buyer.

Key Highlights:

Prime Location: River Oaks is booming with both city development and new residents, bringing a growing customer base to your doorstep.

New Infrastructure: Fully upgraded plumbing, including brand new hot and cold water feed lines and supply lines for all washer units, ensuring reliability for years to come.

Efficient Operations: Recently replaced water heaters and repiped sanitary sewer, removing any damaged or leaking components for worry-free maintenance.

Quality Equipment: 36 Well-maintained washers and 15 double stack dryers ranging from 15 years to 4 years old. 8 of the double stack dryer units are manufactured by Huebsch and the other 7 double stack dryers are American Dryer Corp (ADC). The washers are from a variety of manufactures but include brands like IPSO, Continental, Maytag, and Wascomat. All in good working condition and ready for continued high-volume use. Also included is two vending machines and a TV.

Turnkey Opportunity: Established business with a loyal customer base and much more potential for growth as the area continues to develop.

Perfect for an entrepreneur looking to invest in a business in one of Fort Worth's most promising neighborhoods. Don’t miss out on this prime opportunity! Reach out for more details.


DETAILED INFORMATION
Location
Fort Worth, TX
Facilities
Current lease ends in November but landlord is great and open to negotiating renewal for a 12 month or multi-year lease. Rent is affordable and budget friendly at $1750/mo
Financing
Cash buyers only
Reason for Selling
Out of State
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Taylor
Carr
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Taylor Carr