STEAL-Great Coin Laundry-Super Equipment & Location

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Best Coin Laundry-Steal-Must See This!
Asking Price:
$229,000

Gross Revenue:
$151,200
Cash Flow:
$66,516
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Here it is! Let people take out the Laundry and you Bring in the Cash!!

IMAGINE---Work 4 hours per week and make $319 per hour! Can you say WOW?!?!

This is an Extraordinary Clean and Spacious Coin Laundry. This is a laundry that has a solid and great reputation.. It comes with location PLUS so much More. There is plenty of ample parking It is in a super neighborhood where the demographics are ideal for this business.The customer base is 70% Hispanic.

This modern style coin laundry is a great buy and in a fantastic location. It has top of the line Equipment, including All Huebsch Brand of Washers and Dryers,

Washing Machines Description
44 Stacked Dryers
16 Top Loaders
17 Front Loaders Stainless Steel 20 lb.
14 Front Loaders Stainless Steel 30 lb.
4 Front Loaders Stainless Steel 40 lb.
2 Front Loaders Stainless Steel 50 lb.
1 Front Loader Stainless Steel 60 lb.
98 Total Machines

STOP! ALSO this Laundry has a Proprietary Machine Monitoring System that operates in REAL TIME. It lets the owner know exactly how much money is going into the every machine as it happens (real time)!!!!!!!!!

On top of the Washers and Dryers, Also included are all the items you would expect, such as; a Small Store area, a hot water system that is designed to never run out of hot water, with 2 -100 gallon hot water heaters and a 500 gallon holding tank, 2 Hamilton Change Machines, Coke Machines, Games, Vending Machines, Laundry Carts, Folding Tables, and LOTS MORE.

This is a consistent revenue producer with the right equipment and location.

The owner is ready to retire. Take advantage of this Business offers NOW! HURRY, This will not last!

About the Business

Year Established:
2003
Number of Employees:
0
Facilities:
This is located in in a busy shopping center. It is in a Great High Traffic area and has super frontage. It is easy to get to with plenty of parking. It is 3200 sq. ft. and the lease is $3,198. Rent increases based on CPI (Consumer Price Index Increases) and are capped at 3%. The current lease expires May 2021 and has a 5 year option
Market Outlook/
Competition:
There is one down the street.It has been there 2 1/2 years.
Growth & Expansion:
Could Easily grow by 10% per year or more with normal growth of the
community as well as using flyers to local apartments, etc.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
The owner will provide 2 weeks of free on-site training, as well as up to 3 months of free phone consultation on an as needed basis.
Seller Financing:
Yes to Qualified buyer with $150K Down

Listing Info

ID:
1573418
Ad Detail Views:
0

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Business Listed by

Best Biz to Buy LLC Texas

Best Biz To Buy, LLC

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U.S. Census Data for Collin, Dallas and Denton Counties, 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 Collin, Dallas and Denton Counties, TX
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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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