Laundromat for sale in Austin - Business for Sale

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Laundromat with Wash-and-Fold and Delivery in Austin, TX

Austin, TX, US
Added 1 day ago
Laundromat and Laundry Services
12 years in business
Absentee / Semi-Absentee

This is a well-established laundromat in Austin, TX offering self-service laundry, wash-and-fold, pickup and delivery, and commercial laundry services from a 2,000-square-foot leased facility with 28 washers and 28 dryers.

Key Information

Asking

$900K

Revenue

$501K

Earnings

$249K

Multiple

3.6x

Key Highlights

  • Years established: 12 (established in 2014)
  • Business model includes self-service laundry, wash-and-fold, pickup and delivery, and commercial laundry accounts
  • Assets included: 28 washers, 28 dryers, vending machines, game machines, ozone machine, and a delivery vehicle; FF&E valued at $175,000 (included in price)
  • Inventory valued at $2,000 (not included in price)
  • Staff: 3 full-time attendants, 1 part-time attendant, and 1 delivery driver
  • Facility: 2,000 sq. ft. leased retail strip location in Austin, TX
  • Owner operates on a semi-absentee basis; primary responsibilities are payroll and coin collection
  • Financing: 100% cash down or SBA financing with 20% down for qualified buyers

Contact Info

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