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- #72: Three Laundromats making $1.1M/year
#72: Three Laundromats making $1.1M/year
Rahul I
July 22, 2024
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Welcome to the 128 new people who have joined this week!
In this week’s issue:
🗄️ Traditional business - 2 listings
🛒 eCommerce - 1 listing
🗄️ Traditional business - 2 listings
🛒 eCommerce - 2 listings
☁️ SaaS - 1 listing
Off Market
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Alright, Let’s explore!
Estimated Reading Time = 5 minutes
🚀 Startup Spotlight
Discover profitable online and traditional businesses.
💰 Asking Price: $2,500,000
Raindrop Laundry is an ozone capable and highly proficient laundry service. They serve all our local residential, healthcare, commercial businesses and hospitality services with superior laundry care and professional excellence
Type: Traditional Business
✅ Key Highlights
$1,100,000 in Gross Revenue
$375,000 in Cashflow
$1,000 in Inventory
$1,600,000 in FF&E
$12,404 in rent/month
🚀 Growth Opportunities
Expansion Potential: The large commercial laundry facility has the capacity to process up to 10,000 pounds of laundry daily, providing ample room for growth without significant additional investment.
Online Presence: Developing an online booking system and mobile app can streamline operations and enhance customer experience.
💰 Asking Price: $2,400,000
American-made manufacturer & supplier of radiator components such as filler necks, hose connections and tubing.
Type: Traditional Business
✅ Key Highlights
$1,929,736 in Gross Revenue
$522,209 in Cashflow
$110,092 in Inventory
$437,043 in FF&E
$12,404 in rent/month
🚀 Growth Opportunities
New Components: Develop and offer new radiator-related products, such as complete radiator assemblies, cooling system accessories, or high-performance components for niche markets.
Enhanced Digital Presence: Improve the company's online presence through a revamped website, search engine optimization (SEO), and targeted digital marketing campaigns to attract new customers and retain existing ones.
🚩Cons
Key Personnel: The business’s reliance on a skilled workforce, including the general manager, means that losing key employees could disrupt operations and affect productivity.
Capital Expenditures: The manufacturing equipment, including 1-50 ton machines, lathes, and drill presses, may require regular maintenance and eventual upgrades, leading to ongoing capital expenditures.
💰 Asking Price: $4,200,000
Type: eCom
✅ Key Highlights
$4,200,000 in TTM Revenue
$1,341,000 in TTM Profit
This Amazon store offers a curated selection of high-quality photography equipment designed to elevate your craft. From professional camera lenses to versatile tripods, this store provides the essential tools for capturing stunning images and videos.
With a commitment to innovation and reliability, it ensures that both amateur photographers and seasoned professionals have access to the latest technology and accessories. The business achieves good profit margins and consistent revenues, thanks to its diverse product range that caters to the unique needs of photographers.
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🗄️ Traditional business - 2 listings
🛒 eCommerce - 2 listings
☁️ SaaS - 1 listing
Off Market
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