Coin Laundry Laundromat for Sale
Asking Price: | $275,000 |
Gross Revenue: | $256,694 |
FF&E: | $200,000 |
Cash Flow: | $56,081 |
Inventory: | $1,000 |
Established Year: | 2004 |
Coin Laundry Laundromat for Sale! A well-established coin laundromat in West Dallas is now available for acquisition, offering significant growth potential. Established in 2004 and acquired by the current owner in 2015, this self-serve laundromat has been serving the local community for nearly two decades. The business provides customers with self-serve washing machines and complimentary drying with every wash, as well as selling laundry-related products for added convenience.
Located at a prime intersection surrounded by other businesses and a residential area, the laundromat benefits from excellent visibility and accessibility. The 3,000-square-foot facility is situated within a retail strip with ample parking, serving a predominantly low-income customer base. While there is some competition in the area, this laundromat stands out due to its long-standing presence and strong reputation for quality service. Customers consistently praise the cleanliness and maintenance of the facility, further cementing its position as a trusted local business.
For marketing the laundromat currently relies on word of mouth and a Google Maps page for reviews, but there is ample opportunity for growth through targeted marketing strategies such as direct mailers or social media advertising. Additionally, expanding services like offering wash-and-fold options could appeal to nearby college students, providing another avenue for increased revenue.
The current owner operates the business on a semi-absentee basis, overseeing financials with minimal day-to-day involvement. This presents a unique opportunity for a new owner to increase involvement and drive further financial growth. With other opportunities, the owner is seeking a qualified buyer to take over this well-established laundromat with untapped potential for expansion and new services to capitalize on its growth opportunities.
Listing ID #001464
73 Machine, Fully Built-out and Operational Self Service Asset Sale La
Tarrant County, TX
Price: $425,000
73 Machine, Fully Built-Out And Operational Self Service Laundromat
Tarrant County, TX
Price: $425,000
Laundromat for Sale with Low Rent and Owner Financing
Tarrant County, TX
Price: $539,000
MaidPro
Available in Multiple Locations
FranchiseCash Required: $45,000