Blanco TX Laundromat For Sale

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Daily Suds Laundromats - Blanco, TX
Asking Price:
$150,000

Gross Revenue:
$105,000
Cash Flow:
$25,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$125,000
included in asking price

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Business Description

Stellar 2018 year so far! ask for updated financials through July 2018. A GREAT Opportunity to buy a proven coin laundromat in Blanco, TX which is the ONLY laundromat in town. The location performs year around due the vicinity of Blanco River/Hill Country tourists and Winter Texans. Easy to run as an owner operator to boost cash-flow and investment returns. Also, the businesses can be expanded to include "wash, dry, fold" services and put "ATM" for added revenue. New 10yr lease will be signed for the new owner.

Lots of R&M and new equipment were pumped into the shop in 2017 and its showing in the financials! 2018 (Jan - July) 7 month cashflows are $14k on $61,400 in sales!

If you annualized 2018, that's $24,000 in projected cash flow and $105,000 in projected Gross Sales.

About the Business

Year Established:
2007
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Amount/Mo.:
$1,500.00
Lease Expiration:
12/31/2028
Facilities:
The Blanco Location is located on HWY 281 near the town square and Dairy Queen.
Market Outlook/
Competition:
NONE!!!!!!!!!!!!! laundromat is the only ones in each town.
Growth & Expansion:
The businesses can be expanded to include "wash, dry, fold" services and put "ATM" for added revenue.
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About the Sale

Reason For Selling:
Moving out of town.
Training/Support:
up to 2 weeks training

Listing Info

ID:
1360645
Ad Detail Views:
2176

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Business Listed by
Cody Stewart

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U.S. Census Data for Blanco County, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Blanco County, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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