Hot Listing

HSC - Established Coin Operated Laundry For Sale

Asking Price$595,000

Cash Flow
$93,156
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$500,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

HSC - Established Coin Operated Laundry For Sale


Asking Price$595,000

Cash Flow
$93,156
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$500,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
High Volume Coin Laundry
This business is an established residential and commercial coin operated and laundry business located in the SW metro area. Selling business only. This business has wash, dry and fold service as well as an established delivery service route with drop-off and pickup service. Additional services include dry cleaning service through a local vendor. The business is well known in the area for its cleanliness and excellent customer service. Sellers have owned and operated the business for over 25 years and have continually updated equipment. Sellers take pride in the business they have built. Business includes clients and customers that reach many of the local communities. There is a good blend of residential business and commercial accounts. There is ample opportunity to grow by adding additional accounts within the existing infrastructure. Sellers have signed multiple option long-term lease options that would be transferable with new owners. Sellers are looking to pass this business on to the right person or family to carry on their business plan into the future.
About the Business
Years in Operation
25
Number of Employees
11
Facilities & Assets
2718 sq foot facility. Located on major highway in SW Metro area.
Market Outlook / Competition
Sales have grown over $118k in the last 3 years.
Opportunities for Growth
Unlimited potential.
About the Sale
Seller Motivation
Retirement
Transition Support
Negotiable. Owners will provide some training during transition.
Financing Options
Buyers will need to provide lender financial letter to purchase business.
Listing Info
ID
2285734
Listing Views
18223

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Business Listed by: Todd Maass Hospitality Services Corp.

Listing ID: 2285734 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.