#55: Laundromat Making $763k/year

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πŸ‘‹ Hey fam!

Welcome to the 480 new people who have joined this week!

In this week’s issue:

  • πŸ›’ eCommerce - 1 listing

  • ✍🏽 Content - 1 listing

  • πŸ—„οΈ Traditional business - 1 listing

  • πŸ—„οΈ Traditional business - 2 listings

  • ☁️ SaaS - 2 listings

  • πŸ•΅πŸΌβ€β™€οΈ Service - 1 listing

Alright, Let’s explore!

Estimated Reading Time = 5 minutes

πŸš€ Startup Spotlight

Discover profitable online and traditional businesses.

πŸ’° Asking Price: $2,750,000

Profitable eCommerce brand with $1,355,000 in TTM revenue and $796,000 in TTM profit selling regenerative anti-aging skincare and haircare products.

All formulations are proprietary with fast-turn, low MOQ manufacturing. SDE margins ~60%.

The business sells 100% on it's Shopify site with around 30% of revenue coming from subscriptions. Product margins are ~80%. All formulations are proprietary;

The business recently began work with a new CMO with low MOQs and fast turn around times, allowing the business to run essentially on Just in Time inventory -- dramatically reducing the need for working capital.

Type: eCom

βœ… Key Highlights

  • $1,355,000 in TTM Revenue

  • $796,000 in TTM Profit

  • $140,000 in revenue last month

  • $97,000 in profit last month

πŸš€ Growth Opportunities

  • Content: With such low COGS it creates a great opportunity to seed product to creators in exchange for creating content for the brand. Get creators to post about your brand and then use the content for ads.

  • Ads: Launch ads from the content shown above, create statics ads to test out headlines and concepts to find the right messaging for your audience.

🚩 Cons

  • Competition: Skincare industry is very competitive and can be difficult to crack ads for that niche. Will take time to get acquisition channels right which might require more initial investment after the acquisition of a brand like this.

#2. Newsletter for Entrepreneurs (πŸ’Έ $52k in TTM Revenue)

πŸ’° Asking Price: $140,000

Newsletter with a healthy user-base that shares legal information with US-based startup founders.

Type: Content

βœ… Key Highlights

  • $52,000 in TTM revenue

  • $50,000 in TTM profit

  • $5,000 in revenue last month

  • $4,000 in profit last month

πŸš€ Growth Opportunities

  • Partnership Opportunities: Collaborate with tech companies or startups for specialized content and sponsorships.

  • SEO: Invest in SEO and content marketing to attract organic traffic and increase visibility.

🚩Cons

  • Competition: The newsletter/content space is very competitive. You’ll need to stand out with the content and value you provide readers.

  • Limited Revenue Streams: Heavy reliance on subscriptions could be risky if subscriber numbers fluctuate. I’d start looking at ways to find sponsors for the newsletter.

πŸ’° Asking Price: $300,000

This laundromat company which started in 2012 is situated in a place with high volume of walking traffic and driving traffic.

Business Opportunity. Laundromat 2,748 SF ready for new owner. New card reader system great for marketing opportunities. With 33 washers which include from 22 Lb to 60 Lb. washers. ADC stacked dryers 26 (13 stacked).

Type: Traditional Business

βœ… Key Highlights

  • $48,000 in Cash Flow

  • $120,000 in Gross Revenue

  • $120,000 in EBITDA

  • $250,000 in FF&E

  • $4,892/month in rent

πŸš€ Growth Opportunities

  • Marketing: Plenty of room to grow business with constant marketing and client contact opportunities with card system and laundromat specials. Marketing to high Latino community opportunities.

Seller is looking to move to another venture and is happy to provide on the job training once a new owner steps in. Their also open to seller financing which makes it a much more enticing offer.

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