Hot Listing
9 Years Established Laundromat in Houston Metro area For Sale
Business Description
Houston-Texas
Established 9-Year Laundromat - Houston Metro Area
This profitable coin laundry operation has successfully served the Houston community since 2017, generating consistent annual revenue of $200,000 with strong seller's discretionary earnings of $120,000. The business is strategically positioned on a busy corner street surrounded by numerous rental apartments, ensuring steady customer traffic and demand.
* Note: Multiple offers currently being received. Owner requires cash transaction with 30-day closing timeline only.
Financial Performance:
• Annual Revenue: $200,000
• Seller's Discretionary Earnings: $120,000
• Exceptional 60% profit margin reflecting operational efficiency
• 9 years of proven financial stability and growth
Location & Facility:
• 4,000 square feet of operational space
• Prime corner location with high visibility and foot traffic
• Surrounded by rental apartment complexes providing built-in customer base
• Secure long-term lease through March 2038
• Monthly lease: $5,300 (includes CAM, taxes, and insurance)
• Large parking lot for customer convenience
Business Features:
• Turnkey operation with all inventory included
• Well-maintained equipment with 1-month warranty on washers and dryers
• Loyal customer base established over 9 years
• Recession-resistant essential service business model
• Located in desirable neighborhood with steady demographics
Growth Opportunities:
• Additional floor space available for equipment expansion
• Potential to install gaming machines for supplemental revenue
• Opportunity to extend operating hours
• Foundation ready for modern payment system upgrades
Owner Support:
• 2 weeks of comprehensive training provided
• Equipment warranty and repair support for first month
• Smooth transition assistance to new ownership
The current owner is retiring after building this successful operation over nearly a decade. This represents an outstanding opportunity for an entrepreneur seeking stable cash flow and business independence in Houston's growing market.
Note: Multiple offers currently being received. Owner requires cash transaction with 30-day closing timeline only.
This profitable coin laundry operation has successfully served the Houston community since 2017, generating consistent annual revenue of $200,000 with strong seller's discretionary earnings of $120,000. The business is strategically positioned on a busy corner street surrounded by numerous rental apartments, ensuring steady customer traffic and demand.
* Note: Multiple offers currently being received. Owner requires cash transaction with 30-day closing timeline only.
Financial Performance:
• Annual Revenue: $200,000
• Seller's Discretionary Earnings: $120,000
• Exceptional 60% profit margin reflecting operational efficiency
• 9 years of proven financial stability and growth
Location & Facility:
• 4,000 square feet of operational space
• Prime corner location with high visibility and foot traffic
• Surrounded by rental apartment complexes providing built-in customer base
• Secure long-term lease through March 2038
• Monthly lease: $5,300 (includes CAM, taxes, and insurance)
• Large parking lot for customer convenience
Business Features:
• Turnkey operation with all inventory included
• Well-maintained equipment with 1-month warranty on washers and dryers
• Loyal customer base established over 9 years
• Recession-resistant essential service business model
• Located in desirable neighborhood with steady demographics
Growth Opportunities:
• Additional floor space available for equipment expansion
• Potential to install gaming machines for supplemental revenue
• Opportunity to extend operating hours
• Foundation ready for modern payment system upgrades
Owner Support:
• 2 weeks of comprehensive training provided
• Equipment warranty and repair support for first month
• Smooth transition assistance to new ownership
The current owner is retiring after building this successful operation over nearly a decade. This represents an outstanding opportunity for an entrepreneur seeking stable cash flow and business independence in Houston's growing market.
Note: Multiple offers currently being received. Owner requires cash transaction with 30-day closing timeline only.
About the Business
- Years in Operation
- 8
- Employees
- 1 (1 Full-time)
1 employee - Currently Home Based
- Yes
- Facilities & Assets
- Washers 63 & stacked dryers 27
- Market Outlook / Competition
- well-established customers. The shop is located on a busy main street, at the corner, and is surrounded by many rental apartments, a nice neighborhood, a large parking lot, and a loyal customer base.
- Opportunities for Growth
- The shop still has space for more machines or entertaining machines
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $5,300.00 per month
- Lease Expiration
- 3/31/2038
About the Sale
- Seller Motivation
- Retired. The owner has good income for the last 9 years until now. ACCEPT CASH
- Transition Support
- The Seller will support 2 weeks of training
1-month washers & dryers warranty. If these machines are broken, the seller will fix them machines for free ( not included spare parts cost) - Financing Options
- NO SELLER FINANCE., NO SBA, NO BANK LOAN. CASH OFFER ONLY
Listing Info
- ID
- 2420580
- Listing Views
- 7608
Listing ID: 2420580 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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