MergerPlace

Multi-Unit Coin Laundry (Est. Brand)

Mississauga, Ontario


  • Asking Price: $349,000
  • Gross Income: $420,000
  • Cash Flow: $200,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #222912
  • Established: 2016
  • Employees: 1 F/T 1 P/T

Business Description

Dollar amounts are US Dollars. Profitable and modern coin laundry business. The premier candidate will have previous executive management, sales, or marketing experience. This established company is looking for a new area development manager to oversee the rapid growth of individual units in Canada. This HIGHLY successful business utilizes multiple revenue streams that create high, ongoing, and reliable profits. The individual units operate in a small 3000 square foot space which keeps overhead low and profits extremely high. We have brought real customer service and friendliness back to the coin laundry industry. The other independently owned coin laundries just cannot compete with our “State of the Art” laundry facilities.
DISTINGUISHING “Single Unit” FACTORS INCLUDE:
- Top of the line “High Efficiency Machines Both Durable and Dependable”
- Passive Ownership Business – Full time attendants making minimum wage plus $1.00
- Multiple Revenue Streams – Wash, Dry, Fold, Coin Changer, Vending options and more…
- Best of the best surveillance and security measures
- Free Wi-Fi, spotlessly clean locations, well light and well maintained
- Consistent demand, absolutely recession resistant business
This is part of a very well-established and extremely successful franchise company. The area developer will split all franchise fees and royalties with the established parent company. The Area Developer will receive 50% of the franchise fees and 50% of the ongoing royalties of all unit franchise “top-line revenue”. Future revenue and cash flow estimates are amazing! Future royalties could grow to over one million annually. Additionally, the new Area Developer will also have the option to open a unit within the development territory to add immediate cash flow and bottom line profits. This could be the opportunity of a lifetime for the right individual. Full training and ongoing corporate support will be included. Contact Fred for detailed information at 602-882-5162.


Business Details

Primary Business Category: Services - Other Services
Location: Ontario
Metropolitan Area: Mississauga

Company Information

Year Established: 2016
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 F/T 1 P/T

Financial Information

Asking Price: $349,000
Gross Revenue: $420,000
Cash Flow: $200,000
Seller Financing Available: No

Property Information

Facilities:

Contact for detailed information about this business.

Growth & expansion opportunities:

Continually growing high demand allows for long-term growth of this business.

Competition:

Very popular name in the industry.

Support & Training:

Full training and support will be included.

Contact Business Seller

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Business Listed By:

Fred H.

DMBrokerage