S323 - Coin Laundromat in San Antonio

Coin Laundromat in San Antonio

Location

City San Antonio
State TX
County Bexar

Financial Information

Asking Price $90,000 Show Loan Calculator
Down Payment
Annual Receipts $101,415
Cash Flow $32,000

General Information

Description The owner started this independent coin Laundromat in 2005. The shop currently services primarily individuals and offers self serve, wash and fold, and dry cleaning drop off (90+% of the business is from self serve). Located on the Northwest Side of San Antonio, the shop is on a busy road just a little over one block from a major highway. The equipment was purchased new in 2005 when it opened. The equipment includes 18 lb top load washers, 30 & 40 lb front load washers, 30 lb front load dryers, change machine, water heater, and a soap dispenser. Business could be grown through, longer hours, expansion of services including commercial accounts, and advertising as none is done currently other than through website. Sale includes website and phone number. Business revenue is up in 2011. Owners want to diversify their assets. Current owner is willing to train new buyer for seamless transition. One part time person performs the wash and fold services and cleaning. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Doug Scheiding at 210-348-8989 or email at info@bbofsa.com for more information.
Reason For Sale Other business interests
Franchise No
Home Based No
Relocatable No
Year Established 2005
Year Acquired
Employees 0 FT 2 PT

Building Information

Building Sq. Footage 2400 square feet
Monthly Rent $1950
Real Estate Available No

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