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Coin Laundry with Real Estate-El Paso For Sale

El Paso, Texas (El Paso County)

Services - Drycleaning/Laundry | Retail - Miscellaneous Retail

Asking Price $450,000 Inventory  
Gross Income $120,000 Real Estate  
Cash Flow $50,000 Year Established 1998
FF&E $80,000* Employees 2 pt

* included in the asking price

** not included in the asking price

This laundry was built in 1998 and sales have been steady over the last 2 or 3 years. This coin laundry offers a rare opportunity to own a coin laundry with the real estate enabling the new owner to be his own landlord and control his own destiny. Due to its location near rapidly expanding Ft Bliss, opportunities for future growh are significant. Gross Sales & EBITDA based on 2006 figures. Open 7a-9p 7 days. For more information, contact Dale Bonner, LREA, @ 972-484-5225 or email listings@libertyexchange.com, or Tom Given @ 915-585-1900 or email iven@libertyexchange.com. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities.

Facilities: Purchase price includes purchase of real estate. Facility is located in an area most likely to grow as a result of the anticipated troop growth at Ft Bliss. Approximately 2600 Sq. Ft building, Approximately 22,638 Land

Competition: Competition has always been significant in the laundry market area as this is an area of high demand for laundry services. Sales have been relatively steady over the last several years.

Growth/Expansion: Buyer could grow the business with promotions, flyers, advertising. Also, an owner operator could significantly expand the wash/dry/fold(bundle services) as significant opportunity exists in this location. This laundry is in the part of town most likely to experience growth from additional troops being relocated to Fort Bliss.

Financing: SBA may be possible w/ 20% down

Support/Training: Owner will train for two weeks at no charge and will be available for consulting on a longer term basis

Business For Sale By

Dale Bonner, LREA (of Erin Bonner, LREB)

972-484-5225

LibertyExchange.com Network Finders

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