Office 972.484.5225      Fax 972.484.6960      Email dale@libertyexchange.com

HIGH PROFIT ESTAB. COIN LAUNDRY NEW EQUIPMENT

Presenting a well-established beautifully remodeled turnkey coin laundry. The newly remodeled store and enjoys high earnings with new state of the art equipment. The original laundry was built in the 90s. All front-load washers and the dryers accept both coin and digital. Efficiency and utility savings are enjoyed via an electric contract, new tankless water heaters, pvc plumbing, and new machines.

Providing many customer choices, the laundry has garnered a significant customer base, both self-service and bundle service (aka “wash and fold”.)

Gross Sales Most Recent Year: 2023 $ 452,601. The full-service portion of the gross was $110,646. (Full service generates a higher gross profit.)
Cash Flow is Discretionary Earnings - $207,000 in 2023.

Approx. $700,000 in equipment, install and remodel in 2022. A delivery van is included in the sale. FFE included in sale.

(Note, if built totally from scratch, the cost to open would have been significantly higher not to mention the additional months for municipal zoning and other permits and probably a year to ramp up the business.)

This opportunity could be a win-win for a buyer who has significant capital to put down before securing a loan. Also, just like any successfully business, please understand that even though this is a coin laundry, that doesn’t mean it can be operated totally absentee.

The business has no Facebook, Instagram, etc. Only a .com website and Google pay-per-click, which hasn’t been consistently utilized. The area itself is in a growth mode.

The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.

This is not an offer to sell securities. This is not a solicitation to sell securities

Listing Broker Firm: Erin Bonner LREB, Transaction Consultant & Business BrokerContact Erin at 214-236-1099, email erin@libertyexchange.com..

Facilities:

+/- 3600 sf Leased; Tarrant Co. Remodeled and Retooled. The business draws from a unique geographic area where there is a need for coin laundry services.

Competition:

There are a few competitors in the broader market; only one that is within a mile, which is only approximately 5 yrs. old.

Growth & Expansion:

Currently, ownership has yet to fully utilize the state-of-the-art digital system in place. Very little so far has been pick-up and delivery. And the Delivery Service has not been pushed or really marketed. As a real potential profit center, the delivery service could be marketed to commercial clients, short-term rentals, hotels, gyms, and any business that needs towels, washable linens, etc. It could also provide wash and fold of regular laundry for dry cleaning establishments.

Support & Training:

Training to be provided by current owner for 2 weeks included in the price.

Reason for Selling:

Personal Spouse

Contact Us

Call: 972.484.5225
Monday-Friday (9am - 5pm)



Email: dale@libertyexchange.com
Web: www.LibertyExchange.com



Location: The Madison Building
15851 Dallas Parkway Suite 600
Addison, Texas 75001

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