Coin Laundry Laundromat for Sale
Coin laundry laundromat for sale! A great opportunity to acquire a long-standing laundromat located in a Fort Worth retail strip with low rent. Established in 2006 by the current owner, this business has been a consistent presence in the community for nearly 20 years.
The laundromat occupies 2,086 sq. ft. of leased space in a retail center surrounded by dense residential housing, including single-family homes and multiple apartment complexes. The customer base includes a mix of demographics, mostly made up of lower-income individuals and families.
The owner is minimally involved, mostly handles bookkeeping and coin collection. There is currently no marketing or advertising in place, presenting a clear opportunity for a new owner to grow the business through local outreach, digital marketing, and promotional efforts.
Additional growth potential exists through the addition of wash & fold services and pickup/delivery options, which are currently not offered. A hands-on operator could significantly increase revenue by being more actively involved in the day-to-day business.
The seller is seeking a qualified buyer to take over this well-established laundromat while unlocking the business¡¯s full potential.
Furniture, Fixtures & Equipment: $150,000 (Included in listed price)
Inventory: $500 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2006
Employees: 1PT
Facilities: The laundromat occupies 2,086 sq. ft. of leased space in a retail center surrounded by dense residential housing, including single-family homes and multiple apartment complexes.
Support/Training: The owner will provide training for an agreed-upon period of time to allow a smooth transition into the business.
Reason Selling: Other Opportunities
Competition: Competition is to be expected in this industry. This laundromat stands out with its well-established location and dependable service.
Growth And Expansion: Growth potential exists through the addition of wash & fold services and pickup/delivery options, which are currently not offered. A hands-on operator could significantly increase revenue by being more actively involved in the day-to-day business.
Financials (USD)
Asking Price $550,000
Cash Flow $87,559
Sales $191,991
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? No
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Available On Request
Relocatable? No
Real Estate? No
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