(Under Contract) Blanco TX Laundromat For Sale

Blanco, TX (Blanco County)

(Under Contract) Blanco TX Laundromat For Sale
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Asking Price: $150,000

Cash Flow: $25,000

Gross Revenue: $105,000

EBITDA: N/A

FF&E: $125,000

Inventory: $1,000

Rent: $1,500 /Month

Established: 2007

(Under Contract) Blanco TX Laundromat For Sale

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Business Description

Daily Suds Laundromats - Blanco, TX

Stellar 2018 year so far! ask for updated financials through July 2018. A GREAT Opportunity to buy a proven coin laundromat in Blanco, TX which is the ONLY laundromat in town. The location performs year around due the vicinity of Blanco River/Hill Country tourists and Winter Texans. Easy to run as an owner operator to boost cash-flow and investment returns. Also, the businesses can be expanded to include "wash, dry, fold" services and put "ATM" for added revenue. New 10yr lease will be signed for the new owner.

Lots of R&M and new equipment were pumped into the shop in 2017 and its showing in the financials! 2018 (Jan - July) 7 month cashflows are $14k on $61,400 in sales!

If you annualized 2018, that's $24,000 in projected cash flow and $105,000 in projected Gross Sales.

Detailed Information

Location:
Blanco, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
12/31/2028
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Blanco Location is located on HWY 281 near the town square and Dairy Queen.
Competition:
NONE!!!!!!!!!!!!! laundromat is the only ones in each town.
Growth & Expansion:
The businesses can be expanded to include "wash, dry, fold" services and put "ATM" for added revenue.
Support & Training:
up to 2 weeks training
Reason for Selling:
Moving out of town.
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Business Listed By:
Cody Stewart

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