Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Coin Laundry With Well Maintained Machines In Dallas For Sale

Dallas, Texas, US
Asking Price:
$110,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$89,376 (USD)
Cash Flow:
$19,503 (USD)

Prime location coin laundry operating for nearly 40 years with well maintained machines and facility in Dallas is now available for acquisition. This business was originally established about 4 decades ago in 1980 by the previous owner and was acquired by the current owner in 2014. This 2,400 SF retail strip center space that this coin laundry occupies is conveniently located just off a major highway and is surrounded by densely populated residential neighborhoods as well as small retail shops and office that attract numerous people to the area. Overall demographics of the business are middle-class individuals that are composed of a mix of ethnic groups from nearby neighborhoods, local businesses and offices. Competition is normally expected for this business industry, but there is no coin laundry in the immediate market area that is remotely close or shares the customer base. Various services are provided at this coin laundry that can range from wash, dry, soaps, vending machine, bundle service and arcade games. Gross sales of this coin laundry have been consistent for the last several years running at around $85,000 per year due to its location and strong customer base without any marketing done to promote the business. Although there was no marketing done throughout the years of operation, pro-active marketing tactics needs to be fully utilized to keep increasing the sales and acquire customers from untapped regions. There are many ways to proactively market this business such as direct mailing, bundle deals, loyalty cards, door hangers, additional retail items and expanding vending machine variety. Full-time owner involvement or attendant will be needed to help the business operate much smoother and increase bundle services done as the demand is huge for the area. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Property Information

Real Estate:

Lease

Location:

This 2,400 SF retail strip center space where this coin laundry is located is next to one of the busiest highways of the city and has easily accessible roadways which can bring numerous people from the surrounding densely populated residential neighborhoods.

Size in square feet:
2,400 SF

Business Operation

Expansion Potential:

There is no pro-active marketing done at the current time for this business other than word of mouth.

Competition / Market:

There is no direct competitor within the immediate market area.

Reasons for selling:

Other opportunities

Employees:
1PT
Years established:
1980

Other Information

Support & training:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.

Financing available:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$500 (USD) - included in the asking price

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to V-AID Group. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here