Description of the business for sale
This gorgeous coin laundry has been originally developed by the nation’s largest coin laundry chain. After this corporate-owned store has been transformed into individually owned store in 2004, the store has made tremendous improvements such as enhanced customer services, nicer and cleaner atmosphere, and immaculately maintained equipment. The store enhanced in every aspect, coupled with its powerful brand of this chain, brought a great result in its operating performance as a double digit sales growth for three consecutive years evidently explains it all. Highly trained employees and technicians are all combined to make customers fully satisfied with their washing needs. The store is located off of a high traffic street that crosses major highway nearby. This is a great opportunity to own a profitable and rapidly growing business that requires a minimal owner involvement.
| GROWTH AND EXPANSION: Powerful brand, friendly customer services, and immaculately maintained machines, it all contributed to this store’s consistent growth every year and superior operating performance to other few competitors within 3 mile radius. This particular coin laundry has grown over 10% for last 3 years (11% sales growth in 2006 and 15% sales growth in 2007).
| REASON SELLING: Owner relocating to out of state.
Support / Training provided by seller
Seller will train for a smooth and seamless transition.
Description of the facilities
Beautiful store layout makes this coin laundry more visible. Ample storage rooms are good to stock any store inventory like vending items, soap, and etc.
| FURNITURE, FIXTURES & EQUIPMENT: $219,000 (Included in listed price)
| INVENTORY: $2,000 (Included in listed price)
| FINANCING: Owner financing available