Hot Listing

Laundromat and Car Wash for Sale in E Dallas

Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$247,743

Inventory$1,500
Included in asking price
FF&E$175,000
Included in asking price
listing imageSave
Hot Listing

Laundromat and Car Wash for Sale in E Dallas


Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$247,743

Inventory$1,500
Included in asking price
FF&E$175,000
Included in asking price
Business Description
Laundromat and Car Wash for Sale in E Dallas! A well-established laundromat and car wash is now available for acquisition in East Dallas. Originally founded in 1980 by a previous owner, the business was acquired by the current owner in 2021. Since its inception, sales have remained consistent. The coin laundromat offers self-serve wash and dry services, while the car wash features four self-serve bays with vacuum stations.

The location in East Dallas is ideal for both industries, situated in a densely populated residential area surrounded by single-family homes, convenience stores, and other small businesses. The typical customer base consists primarily of middle-class Hispanic and African American individuals and families.

Despite the presence of several competitors in the local area, the market is saturated and established, limiting opportunities for new competition to enter. The business distinguishes itself with quality, convenient services in a highly visible location. The adjacent laundromat and car wash provide customers with the added convenience of washing their laundry and vehicle during the same visit.

The business has maintained consistent sales without significant marketing efforts, relying on word of mouth, a prime location, and newer machines to attract a loyal customer base. However, proactive marketing through direct mail and securing corporate accounts could further enhance revenue growth.

Currently, the business operates on an absentee-owner model, with the owner primarily handling coin collection and bookkeeping. A hands-on owner-operator could significantly reduce wage expenses and benefit from increased cash flow. This presents an attractive opportunity for a qualified buyer to acquire a well-established laundromat and car wash in East Dallas.

Listing ID #001424
About the Business
Years in Operation
46
Employees
2 Part-time
Facilities & Assets
The laundromat is 2,500 sq. ft. and has a 1,500 sq. ft. storage space attached. The car wash in the adjacent facility is 1,728 sq. ft.

The location in East Dallas is ideal for both industries, situated in a densely populated residential area surrounded by single-family homes, convenience stores, and other small businesses.
Market Outlook / Competition
Despite the presence of several competitors in the local area, the market is saturated and set, preventing new competition from entering. This business distinguishes itself with quality, convenient services in a highly visible location, allowing customers to wash their laundry within minutes from their home.
Opportunities for Growth
Proactive marketing through direct mail, securing corporate accounts, and adding a wash and fold service could further enhance revenue growth. Additionally, an active owner-operator could increase revenues and benefit from higher cash flow.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
About the Sale
Seller Motivation
Other Opportunities
Transition Support
The owner will provide ample training to allow a smooth transition into the business.
Financing Options
100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Bu
Listing Info
ID
2557678
Listing Views
17
Attached DocumentsAttachment Disclaimer

NDA (Non-Disclosure Agreement) for #001424 Laundromat and Car Wash for Sale in E Dallas.pdf


Listing ID: 2557678 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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