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Distressed Washateria Laundromat In Central Houston For Sale

Houston, TX (Harris County), Texas, US
Asking Price:
$25,000 Furniture / Fixtures included
Sales Revenue:
Under $100K
Cash Flow:
Under $50K

Over 30 yrs in existence. AS-IS. This is an asset sale only and takeover space. 36 washers, 25 dryers. Approximately 20 machines out of order.

$8,400 rent. 2,600 sqft. Buyer will receive new long term lease. Landlord requires minimum $250K net worth with $100K liquid after purchase.

Located inside 610 loop on heavy traffic street. Confidentiality agreement required to be signed before releasing address.

Property Information

Real Estate:

Lease

Lease Terms:

8,400 monthly rent

Business Operation

Management type:
This business is owner operated.

Other Information

Furniture / Fixtures value:
$25,000 - included in the asking price
Business closed / Asset sale:
Yes
Distressed:
This business is a turnaround opportunity