Coin Laundry For Sale
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $40000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 2007
Number of Employees 1 - 3
Inventory 35000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Owner will train a new owner for a period of two weeks for no additional cost and be available for one month to answer questions by phone.
Reason for Sale Location is too far from owner's other business concerns.
Description ** Purchase Price Reduced to $30,000 ** This Collin County location has been established in the community for a number of years. The current owner has been in control of the business for six months. Sales are holding steady from five to six thousand plus per month. Current owner has demands on his time that prevent him from spending the time he would wish at this business location. A new owner could add dry cleaning drop service, bundle service and other expansion features to further grow the volume. A new owner may not need or want to pay a full time attendant $700.00 per month. (Gross Sales based on June-December 2007 actual).
Facilities: 2,322 sq.ft. at $1,850/mo. Long standing facility which changed ownership in 2007 - located in an outdoor shopping area with exposure to the main road.
Competition: Other laundries are located in cities adjacent to this area but none in the same locality.
Growth and Expansion: More advertising, a large sign on the street exposure and additional vending and game machines could increase sales for this laundry.
Email or call Adrienne Farmer at 972-484-5225 for more information on this Coin Laundry business for sale.
Click Here To Contact Seller
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