SOLD – Two Austin Laundromats with Wash & Fold – S496
One location has been in businesses over 20 years and the other over ten years. Each location operates with well-maintained high-end equipment. Locations are well known and enjoy a solid client base. They are both staffed to handle the majority of day-to-day business and also manage in house services such as wash and fold. The new owner could easily assume some of the labor as an active owner.
Depending on the new owners ambitions there are several ways to expand the business potential. There are numerous profit lines within these stores and both stores are strategically located to expand commercial services to nearby businesses.
Cash Flow of $159k is for replacing the passive owner. Owner works about five hours per week in the business.
This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Robert Howells at 210-348-8989 or email@example.com.