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Very Active Laundromat In Texas For Sale

Texas, US
Asking Price:
$180,000 Inventory / Stock included
Sales Revenue:
$200,000
Cash Flow:
$72,500

LISTING ID # 34386

The asking price has been reduced to $180,000 for a fast sale. $29,000 deduction from the previous asking price. Only serious cash buyers that have an understanding of the laundry business can close quickly. The laundromat is located in an excellent location in Harris County, Texas. It has 40 washers and 40 dryers, making it a sizable operation.

The business is being sold "AS IS," which means it may need some maintenance or improvements. There are no financial documents available for financing purposes, hence the drastically reduced price. The listing suggests that, with the right management and programming, the business could potentially grow dramatically. The laundromat is well-established, and the current owner has been operating it for over 11 years.

If you are a serious cash buyer and interested in this opportunity, release the address, check out the washateria and surrounding area, make an offer, and it could be yours. If you have been looking for laundromats, you know they are hard to find.

Business Operation

Reasons for selling:

Portfolio reduction

Employees:
1 FT/1 PT
Years established:
8

Other Information

Support & training:

Seller will train

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