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Dry Cleaners drop station/ Laundromat combo for sale

parking lot view
parking lot view
Asking Price:$200,000
Inventory:$3,500
EBITDA:$5,000
Established Year:2015
Gross Revenue:$186,400
Rent:$2,200/Month
FF&E:$87,186
Listing ID: 2294472Listing provided by BizBuySell
BUSINESS DESCRIPTION

Dry Cleaners/Laundromat

Founded in 2015, our small-town dry cleaners drop station and laundromat has established itself as a prominent service provider in the area, being the sole establishment of its kind. We have garnered a reputation for our commitment to cleanliness, meticulous maintenance, and attentive management, offering reliable wash & fold and alteration services.
Our wash & fold service presents significant potential for expansion and profitability. The facility is equipped with 12 washing machines, 18 dryers, an automated teller machine (ATM), two coin changers, as well as vending machines for snacks and laundry supplies. Additionally, we provide a well-maintained restroom that includes a baby changing station for the convenience of our clients.
In 2020, we enhanced our offerings by introducing a drop station for dry cleaning, which has contributed to a steady increase in sales annually since its inception. We remain dedicated to fulfilling the needs of our community by ensuring that we provide superior dry cleaning and laundry services.

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DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
01/05/2031
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased facility in a shopping strip off Main Street in Lytle, Texas. It is 2,400 sq feet the drop station is 800 sq feet and the laundry area is 1600 sq foot. Includes plenty of free parking areas, cool AC building with well LED lighting in the center of town in a safe , secure location. There's seven years left in the lease.
Competition
The business is located in the heart of downtown Lytle, just off the main street in a popular shopping strip that includes a busy restaurant and a barber shop. The Dry Cleaners and Laundromat is the only establishment of its kind in town, giving it a competitive advantage with no other similar businesses in the area.
Growth & Expansion
There is a great opportunity to expand the wash and fold business as well as dry cleaning. The city of Lytle is being called the fastest growing city in Atascosa County. The current population is estimated at 2,800, but city leaders feel it's just a matter of time before Lytle's population soars due to expected developments. With these new ventures anticipated in the near future and the already added population due to the annexation of a new subdivision, this thriving city typifies its motto, "Lytle - A City on the Grow".
Financing
sorry, no financing available
Support & Training
I will provide two weeks of support and training as well as how to maintain common maintenance of the washing machines.
Reason for Selling
I need to be home with my elderly mom who has Dementia.
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Monica Hack
Monica Hack