San Antonio Laundromat with Favorable 20-Year Lease Potential
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HS Listing ID-69313
Annual Overview:
Gross Revenue: $121,736.46
Net Profit: $58,000
Rent: $2,235 a month ($26,820)
Business Highlights:
Strategically priced below a 4x multiple
Priced well below replacement cost
Equipment alone originally cost approximately $304,000
Currently owner-operated, offering operational control and margin visibility
Attractive acquisition for an owner-operator or value-focused investor
High-Quality, Well-Maintained Equipment
Approximately 75 total machines
100% Speed Queen commercial equipment
Equipment installed in April 2017 (9 Years old)
Machines in solid working condition
LaundryWorks management and payment system installed
Excellent Reputation and Community Presence
4.8-star Google rating
Over 100 customer reviews
Established, loyal customer base
Family-friendly, service-oriented operation
Favorable Long-Term Lease Structure
Favorable and Affordable rent at $2,200 a month
Initial 5-year term with three 5-year extension options
Up to 20 years of total lease control
Turnkey Operation with Upside Potential
Fully operational and clean store
Minor cosmetic improvements could enhance presentation
Wash-and-fold service in place but underutilized
Opportunity to improve operational efficiency and service mix
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Annual Overview:
Gross Revenue: $121,736.46
Net Profit: $58,000
Rent: $2,235 a month ($26,820)
Business Highlights:
Strategically priced below a 4x multiple
Priced well below replacement cost
Equipment alone originally cost approximately $304,000
Currently owner-operated, offering operational control and margin visibility
Attractive acquisition for an owner-operator or value-focused investor
High-Quality, Well-Maintained Equipment
Approximately 75 total machines
100% Speed Queen commercial equipment
Equipment installed in April 2017 (9 Years old)
Machines in solid working condition
LaundryWorks management and payment system installed
Excellent Reputation and Community Presence
4.8-star Google rating
Over 100 customer reviews
Established, loyal customer base
Family-friendly, service-oriented operation
Favorable Long-Term Lease Structure
Favorable and Affordable rent at $2,200 a month
Initial 5-year term with three 5-year extension options
Up to 20 years of total lease control
Turnkey Operation with Upside Potential
Fully operational and clean store
Minor cosmetic improvements could enhance presentation
Wash-and-fold service in place but underutilized
Opportunity to improve operational efficiency and service mix
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $2,235.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2462146
- Listing Views
Listing ID: 2462146 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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