Laundromat and Car Wash with Real Estate

Listing Number: 76931-543842

Description

*THIS LISTING IS LOCATED IN BEAUMONT, TEXAS*

This listing is for a well-established self-service carwash and a coin-operated laundromat. This investment is an incredible opportunity to acquire a coin-operated laundromat and a car wash that has been in business since 2007. In 2013, due to high demand, the previous owner of this building remodeled the laundromat and expanded the building in order to add more washers and dryers to keep up with demand.

In 2020 when the current owners purchased the business, they added a brand new carwash system and a brand new shampoo vacuum machine to the carwash. New ceramic tiles were also added to the carwash walls. The current owners also remodeled the laundromat and added 4 new 60 lbs washers and 4 new 45 lbs double stacked dryers.

Revenues average approximately $21,000.00 a month, roughly 80% coming from self-service laundry, 16% from carwash and vacuum sales, and 4% from drop-off and product sales.

Currently profitable with many development opportunities, a new owner can add games, televised programming, ATMs, etc. There are also many ways to proactively market to bring in additional business for the current services and other services the current owner is not offering. The current owner maintains the equipment, floor, and sales floor and handles the bookkeeping.

With all the renovations and improvements completed at this location, there is ample opportunity for a new operator to take over and focus on growing the business.

This sale includes the car wash, laundromat and the real estate!

Listing Details

• Price: $ 920,000
• Down Payment: $500,000
• Sellers Discretionary Earnings: $ 130,467
• Total Sales: $ 271,149
• Location: Jefferson County, Texas


• Inventory: $ 0
• FF&E: $ 300,000
• Employees: 2
• Year Established: 2007
• Reason for Selling: Relocating
• Category: Cleaning/Clothing