Hot Listing
Laundromat and Car Wash for Sale with Real Estate in E Dallas
Business Description
Laundromat and car wash for sale! A well-established laundromat and car wash, including real estate, is now available for acquisition in East Dallas. Originally founded in 1980 by a previous owner, the business was acquired by the current owner in 2021. Since its inception, sales have remained consistent. The coin laundromat offers self-serve wash and dry services, while the car wash features four self-serve bays with vacuum stations.
The location in East Dallas is ideal for both industries, situated in a densely populated residential area surrounded by single-family homes, convenience stores, and other small businesses. The typical customer base consists primarily of middle-class Hispanic and African American individuals and families.
Despite the presence of several competitors in the local area, the market is saturated and set, preventing new competition from entering. This business distinguishes itself with quality, convenient services in a highly visible location, allowing customers to wash their laundry and car simultaneously at adjacent facilities.
The business has maintained consistent sales without significant marketing efforts, relying on word of mouth, a prime location, and newer machines to attract a loyal customer base. However, proactive marketing through direct mail and securing corporate accounts could further enhance revenue growth.
Currently, the business operates on an absentee owner model, with the owner primarily handling coin collection and bookkeeping. A hands-on owner-operator could significantly reduce wage expenses and benefit from increased cash flow. This presents a lucrative opportunity for a qualified buyer to acquire a well-established coin laundromat and car wash, complete with real estate, in East Dallas.
Listing ID #001424
The location in East Dallas is ideal for both industries, situated in a densely populated residential area surrounded by single-family homes, convenience stores, and other small businesses. The typical customer base consists primarily of middle-class Hispanic and African American individuals and families.
Despite the presence of several competitors in the local area, the market is saturated and set, preventing new competition from entering. This business distinguishes itself with quality, convenient services in a highly visible location, allowing customers to wash their laundry and car simultaneously at adjacent facilities.
The business has maintained consistent sales without significant marketing efforts, relying on word of mouth, a prime location, and newer machines to attract a loyal customer base. However, proactive marketing through direct mail and securing corporate accounts could further enhance revenue growth.
Currently, the business operates on an absentee owner model, with the owner primarily handling coin collection and bookkeeping. A hands-on owner-operator could significantly reduce wage expenses and benefit from increased cash flow. This presents a lucrative opportunity for a qualified buyer to acquire a well-established coin laundromat and car wash, complete with real estate, in East Dallas.
Listing ID #001424
About the Business
- Years in Operation
- 45
- Employees
- 2
- Facilities & Assets
- The laundromat is 2,500 sq. ft. and has a 1,500 sq. ft. storage space attached. The car wash in the adjacent facility is 1,728 sq. ft. Both facilities are well maintained.
The location in East Dallas is ideal for both industries, situated in a densely populated residential area surrounded by single-family homes, convenience stores, and other small businesses. - Market Outlook / Competition
- Despite the presence of several competitors in the local area, the market is saturated and set, preventing new competition from entering. This business distinguishes itself with quality, convenient services in a highly visible location, allowing customers to wash their laundry and car simultaneously at adjacent facilities.
- Opportunities for Growth
- Proactive marketing through direct mail, securing corporate accounts, and adding a wash and fold service could further enhance revenue growth. Additionally, an active owner-operator could increase revenues and benefit from higher cash flow.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Other Opportunities
- Transition Support
- The owner will provide ample training to allow a smooth transition into the business.
- Financing Options
- 100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Bu
Listing Info
- ID
- 2399713
- Listing Views
- 1704
Attached DocumentsAttachment Disclaimer
Listing ID: 2399713 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.
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