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Package Of Two Owner-absentee Laundromats/ Real Estate In South Texas For Sale

South Texas, Texas, US
Asking Price:
$1,400,000 Furniture / Fixtures included
Sales Revenue:
$357,338
Cash Flow:
$90,660

HS Listing ID- 40187

Full-time manager in place running 99% of operations.

Location 1: 28 Washers of 3 sizes installed new in 2014, and 14 stacked dryers installed new in December 2018. New water heater installed March 2019. New Ice Machine installed April 2019

Location 2: 37 Washers of 3 sizes, 18 installed new in November 2016. 19 installed new in December 2018. 18 stacked dryers installed new December 2018. New water heater was installed October 2016. New Ice machine installed in April 2018.

Ironing service available in bigger location.

Wash & Fold service available at both locations.

Well Staffed, 10 experienced employees total between both locations.

Brand New Card System Installed.

Owner Would Finance 60% Down.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Real Property Included

Premises Details:

Package Of Two Owner-Absentee Laundromats.

Business Operation

Expansion Potential:

Well Staffed, 10 experienced employees total between both locations.

Competition / Market:

Full-time manager in place running 99% of operations.

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.

Financing available:

N/A