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Local Laundromat In Harris County For Sale

Harris County, Texas, US
Asking Price:
$300,000 Inventory / Stock included
Sales Revenue:
$320,000
Cash Flow:
$75,000

Low asking price for a laundromat of this size. Laundromats are very desirable in the Houston area. This laundromat has 50 washers and 50 dryers and is in an excellent location. Perfect absentee owner business. It is being sold AS IS. Only looking for cash buyers. Also, there are no financial documents to use when seeking financing, hence the very reasonable price. These types of businesses are selling quickly and at favorable prices. The current owner is running the business on a cash only basis and with the right programming and management you may find this business to double its revenue. Only serious cash buyers need to inquire about this one The current owner operates many businesses and is looking to sell this business fast to relieve him of much stress. It is a well-established laundromat. The current owner has operated it for over 8 years and just needs to move it along. This shrewd businessman believes someone with his mindset would make a great buyer and he can make this a very smooth transition. Make your move now for it won’t last long on the market.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Reducing his portfolio

Employees:
1FT/1PT
Years established:
2014

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$600,000
Inventory / Stock value:
$3,000 - included in the asking price

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