Hot Listing

Profitable Laundromat located in Northwest Houston - Prime Location

Asking Price$350,000

Cash Flow
$78,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$270,000

Inventory$1,500
Included in asking price
FF&E$155,000
Included in asking price
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Hot Listing

Profitable Laundromat located in Northwest Houston - Prime Location


Asking Price$350,000

Cash Flow
$78,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$270,000

Inventory$1,500
Included in asking price
FF&E$155,000
Included in asking price
Business Description
-This laundromat offers 5,000 sq ft of space with a rent of $6,000/month (NNN included)

-It generates a net income of approximately $78K annually.

-Located in a busy shopping center with stable neighboring businesses, Also right next to an apartment complex.

- Extremely well lit with LED lighting all over the store

- Wash & Fold business is already well established with mainly repeat customers

SBA financing is acceptable. NO OWNER FINANCING.
About the Business
Years in Operation
6
Facilities & Assets
- 60 Washers & 68 Dryers
- Wash & Fold business is booming
- Huge store, 5,000 square feet
- Spacious parking lot
- Store is extremely well lit with LED lighting & neon signs
- Fully staffed for smooth operation and semi-absentee owner
- Built just 7 years ago
Market Outlook / Competition
Right next door is an apartment complex. Located in a very busy plaza. High visibility from the main street, prime location
Opportunities for Growth
- A POS system with integration for Pick-up & Delivery will take this business to the next level. There is plenty of space and machines available to scale from acquiring commercial PUD business.

- The business can also benefit from a website built around online orders for wash & fold and pick-up & Delivery
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
$6,000.00 per month
Lease Expiration
7/31/2037
About the Sale
Seller Motivation
Owners are retiring
Transition Support
4 weeks of training to ensure smooth transition.
Financing Options
SBA loans accepted
Listing Info
ID
2379493
Listing Views
3941

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Business Listed by: Hai Chau

Listing ID: 2379493 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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