Too Cheap-Best Coin Laundry-Great Equipment-Wow Nice

Dallas, TX (Dallas County)

Seller Financing Available
Too Cheap-Best Coin Laundry-Great Equipment-Wow Nice
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Asking Price: $229,000

Cash Flow: $66,516

Gross Revenue: $151,200

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Established: 2003

Too Cheap-Best Coin Laundry-Great Equipment-Wow Nice

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Business Description

Best Coin Laundry-Great Location-Cash Cow!

Here it is! Let people take out the Laundry and you Bring in the Cash!!

IMAGINE---Work 4 hours per week and make $319 per hour! Can you say WOW?!?!

This is an Extraordinary Clean and Spacious Coin Laundry. This is a laundry that has a solid and great reputation.. It comes with location PLUS so much More. There is plenty of ample parking It is in a super neighborhood where the demographics are ideal for this business.The customer base is 70% Hispanic.

This modern style coin laundry is a great buy and in a fantastic location. It has top of the line Equipment, including All Huebsch Brand of Washers and Dryers,

Washing Machines Description
44 Stacked Dryers
16 Top Loaders
17 Front Loaders Stainless Steel 20 lb.
14 Front Loaders Stainless Steel 30 lb.
4 Front Loaders Stainless Steel 40 lb.
2 Front Loaders Stainless Steel 50 lb.
1 Front Loader Stainless Steel 60 lb.
98 Total Machines

STOP! ALSO this Laundry has a Proprietary Machine Monitoring System that operates in REAL TIME. It lets the owner know exactly how much money is going into the every machine as it happens (real time)!!!!!!!!!

On top of the Washers and Dryers, Also included are all the items you would expect, such as; a Small Store area, a hot water system that is designed to never run out of hot water, with 2 -100 gallon hot water heaters and a 500 gallon holding tank, 2 Hamilton Change Machines, Coke Machines, Games, Vending Machines, Laundry Carts, Folding Tables, and LOTS MORE.

This is a consistent revenue producer with the right equipment and location.

The owner is ready to retire. Take advantage of this Business offers NOW! HURRY, This will not last!

Detailed Information

Inventory:
Included in asking price
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is located in in a busy shopping center. It is in a Great High Traffic area and has super frontage. It is easy to get to with plenty of parking. It is 3200 sq. ft. and the lease is $3,198. Rent increases based on CPI (Consumer Price Index Increases) and are capped at 3%. The current lease expires May 2021 and has a 5 year option
Competition:
There is one down the street.It has been there 2 1/2 years.
Growth & Expansion:
Could Easily grow by 10% per year or more with normal growth of the community as well as using flyers to local apartments, etc.
Financing:
Yes to Qualified buyer with $150K Down
Support & Training:
The owner will provide 2 weeks of free on-site training, as well as up to 3 months of free phone consultation on an as needed basis.
Reason for Selling:
Retiring
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Best Biz to Buy LLC Texas

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