#42: $310k/Year Laundromat For Sale

Today's Sponsor

๐Ÿ‘‹ Hey fam!

Welcome to the 232 new people who have joined this week!

In this weekโ€™s issue:

  • โ˜๏ธ SaaS - 1 listing

  • ๐Ÿ—„๏ธ Traditional business - 1 listing

  • โœ๐Ÿฝ Content - 1 listing

  • โ˜๏ธ SaaS - 2 listings

  • ๐Ÿ—„๏ธ Traditional business - 2 listings

  • ๐Ÿ›’ eCommerce - 1 listing

Alright, Letโ€™s explore!

Estimated Reading Time = 5 minutes

๐Ÿš€ Startup Spotlight

Discover profitable online and traditional businesses.

๐Ÿ’ฐ Asking Price: $1,200,000

Software solution for businesses that integrates data from thousands of sources to Google Sheets.

It contains a library of 50+ preset applications, and allows custom API connections to more than 10,000 others. This is one of the top 100 extensions overall in Google's marketplace for Sheets and the largest "connector"-type extension.

Type: SaaS

โœ… Key Highlights

  • $397,637 in TTM revenue

  • $347,082 in TTM profit

  • $38,945 in revenue last month

  • $35,069 in profit last month

๐Ÿš€ Growth Opportunities

  • Connectors: Integrate connectors for new data sources into the extension. Easiest opportunity for growth here.

  • Partnerships: Look for digital influencers or even agency owners who leverage the current platform to encourage them to bring on more clients through a commission structure or discounted pricing model.

๐ŸšฉCons

  • Staff: Something to cross check as the new owner is knowing if the freelance developer will stay on board and how much of the work is managed between the founder and the freelance developer.

๐Ÿ’ฐ Asking Price: $200,000

This 20 years old laundromat is located in an extremely busy area in Queens County. It has 20 washers and 20 dryers; all are in excellent condition. The interior is well-maintained and looks great. The business has loyal clientele. A prime location for a laundromat.

Type: Traditional Business

โœ… Key Highlights

  • $310,000 in Gross Revenue

  • $96,000 in Cash Flow

  • $5,000 in Inventory

  • $120,000 in FF&E

     

    Great business to acquire in a busy location with plenty of loyal customers and foot traffic for new customers.

    Only concern is that theyโ€™re currently 5 employees and Iโ€™m not 100% sure what the responsibilities are.

    I would cross check what the roles are and what value they are driving to the business.

In Partnership With eVouch

eVouch is a Shopify app that gets your customers to post Instagram stories about your brand.

I've integrated eVouch into several of my own brands and let me tell you, the results have been nothing short of spectacular. We're talking about customer engagement that has truly disrupted our traditional metrics.

On average, we've seen 3.5% of all customers actively posting stories about their purchases. That's organic reach that you can't put a price on!


What's the secret sauce? The app provides discounts to shoppers to share their experiences through Instagram stories, making it a win-win for both the customer and the brand. Customizable templates make it effortless for your customers to create visually appealing stories that align with your brand's aesthetic.

Don't just take my word for it; experience the eVouch effect for yourself. Trust me, you'll wonder how you ever managed to grow your brand without it.


I donโ€™t have a discount code for it right now but Alonzo told me that all brands who come in through me are eligible for a 1 month free trial (instead of the regular 2 weeks), priority support, and free creative design by their in-house designers.

Feel free to book a call with Alonzo here

๐Ÿ’ฐ Asking Price: $75,000

Newsletter that features coverage of the off-the-field forces in the college sports industry.

Type: Content Site

โœ… Key Highlights

  • $114,000 in TTM revenue

  • $85,000 in TTM profit

  • $7,000 in revenue last month

  • $5,000 in profit last month

Paid ads would be a great source of growth for the business. New owner can step in and test running ads to a landing page which allows new users the option to subscribe to the newsletter.

If the funnel is profitable it all becomes a numbers game and figuring out how to reduce CPCs and CPLs.

๐ŸคŒ๐Ÿผ Thread Of The Week

Buying a business soon? Might want to take a read at whatโ€™s needed from a tax perspective.

โœ๐Ÿฝ My Weekly Read

Hereโ€™s this weekโ€™s #1 FREE favorite newsletter we read to help us be better operators:

  • Caveminds - Join 10,000+ founders getting actionable, weekly golden nuggets that are tailored to make your business more profitable, efficient, and grow.

How can we make our newsletter better?

Anonymous poll below and weโ€™ll make sure to keep tailoring the listings our team hunts for.

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