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Neighborhood Laundromat In Denton County For Sale

Denton County, Texas, US
Asking Price:
$299,999 (USD) Inventory / Stock included
Sales Revenue:
$140,992 (USD)
Cash Flow:
$60,594 (USD)

Totally remodeled laundromat in a very busy neighborhood with 25 single family apartment buildings within a 1-mile radius. Well managed with excellent documented maintenance. All machines are in working order and have ClearToken App payment system (28.7% of gross sales) along with quarters. Change Machine has been refurbished and new lint filters for dryers have been installed. Store windows are tinted, LED lighting throughout, and both AC units have been serviced to improve energy efficiency. Drink machine (owned) plus shared vending and game machines provide additional monthly revenue. Low-cost Energy contract in place for 3 more years for expense control. Current lease option has been exercised this year for 3 years and an additional 3-year extension is available for a total of 6 years. Equipment includes Washers = 36; 80 pounds = 3, 60 pounds =9, 40 pounds = 6, 30 pounds = 15, 20 pounds = 3. Dryers 30-pound Double Stack = 26 for a total of 52. Change Machine with $2000 capacity, Tankless Water Heaters = 3 and Mop Sink. Channel Letter Signage in front and automatic door locks. This location is Self – Serve with No Employees needed.

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Business Operation

Reasons for selling:

Other opportunities

Years established:

Other Information

Support & training:

Seller will train

Inventory / Stock value:
$2,000 (USD) - included in the asking price

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