(Contract Pending) Package - Two (2) Laundromats Locations For Sale

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Daily Suds Laundromats - Blanco, TX & Canyon Lake (Startzville), TX
Asking Price:
$299,000

Gross Revenue:
$204,000
Cash Flow:
$55,000
EBITDA:
$55,000
Inventory:
$5,000
included in asking price

FF&E:
$245,000
included in asking price

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Business Description

A GREAT Opportunity to buy two proven coin laundromat locations in Blanco TX and Canyon Lake (Startzville), TX which are the ONLY laundromats in each town. Each location performs year around due the vicinity of Canyon Lake and Blanco River 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 leases will be signed for each location.

2017 cash flows of $55,000 on 299K is 18.4% ROI opportunity!

About the Business

Year Established:
1999
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
2,950
Lease Amount/Mo.:
$3,000.00
Lease Expiration:
3/31/2028
Facilities:
The Blanco Location is located on HWY 281 near the town square and Dairy Queen.

The Canyon Lake (Startzville) location is located on lake main road (FM 2673) near Dollar General / Dairy Queen.
Market Outlook/
Competition:
NONE!!!!!!!!!!!!! these laundromats are 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 state
Training/Support:
up to 2 weeks training

Listing Info

ID:
1360645
Ad Detail Views:
342

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Business Listed by
Cody Stewart

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U.S. Census Data for Comal County, TX
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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 Comal County, TX
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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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