Listed for Sale - Coin Operated Laundromat Business in North Central San Antonio

Step into a well-established business in a stable industry. This state-of-the-art self-service coin operated laundry business has served its loyal customers in North Central San Antonio since 2005. The owner has stayed very competitive by providing a bright, comfortable and clean atmosphere with a friendly full time attendant. Admittedly, waiting for clean clothes can be tedious, but this business has stepped up with full wash and fold services, free Wi-Fi, snacks and soda, video games, and a selection of brand name laundry supplies. In addition, the business services a number of commercial laundry accounts. 

Revenue in 2017 was $482,000 and produced over $211,000 in discretionary earnings. 2018 is believed to grow at about 3-4% in revenue and profit. Several strategies have been identified to grow the business, but the owner is retiring and is leaving it to the new owner to implement these ideas.  Equipment included in the sale is valued at $280,000. Asking price $700,000.

If you would like to receive more information on this business, click here to download the NDA Form.  You can email it to us at info@alamobrokersoftexas.com or fax it to us at 210-800- 9988. Check out our other listings on our website under Businesses For Sale.