Hot Listing

The Realty TX Laundromat Washateria | Scott St, Houston

Asking Price$415,000

Cash Flow
Not Disclosed

EBITDA$122,757

Gross Revenue$250,750

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,271,000
Not included in asking price
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Hot Listing

The Realty TX Laundromat Washateria | Scott St, Houston


Asking Price$415,000

Cash Flow
Not Disclosed

EBITDA$122,757

Gross Revenue$250,750

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,271,000
Not included in asking price

Seller Financing Available
Business Description
***The real estate can also be purchased together with the business for $1.69M total***

This laundromat offers 5,395 sq. ft. of spacious operational space. Current rent is low for this space this size. Ample parking lot space. $5,395 /month NNN

Building is older but Framing, Roof, electrical system, Vent , Mechanical, HVAC and Plumbing are all 15 years old

The business has been opened for 15 years, Current EBITDA sourced only from washer dryers, soap sale, no wash fold, no dry clean, no vending , no claw machine and no game machines income were counted

Prime position, there are three apartment complexes and older residential neighborhoods, boosting excellent visibility from the main road with VPD 19,859.

There is a high demand for laundromat services in the area, with significant potential for growth. The current owner is only offering traditional washer and dryer services, leaving plenty of room for revenue increase through the introduction of additional services, such as wash-and-fold, dry cleaning, or self-service vending options.

Seller financing is available with just 50% down payment and a good credit score.

3D tour available
No SBA Loan
Please copy and paste the link below in your browser to complete the NDA and upload Proof of Funds:
https://form.jotform.com/250076766720055
About the Business
Years in Operation
15
Employees
2
Facilities & Assets
Well-maintained machines, building is in good condition.
Market Outlook / Competition
Solid customer base, no other competition around
Opportunities for Growth
Current owner only offers and washer and dryer, no other services/ promotions. There are many additional services can be added to increase the revenue.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
5,395
About the Sale
Seller Motivation
Seller does not have time to manage.
Transition Support
1 week of support. Flexible schedule
Listing Info
ID
2318384
Listing Views
14978

Contact Seller

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Business Listed by: Trinh Nguyen The Realty TX

Listing ID: 2318384 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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