Washateria/Laundromat in SE Houston (Est. 1999)
Listing: #HT00006Fernando Saldivia
Broker | Houston
About this Business for sale in Houston
Washateria/Laundromat in SE Houston (Est. 1999)Great opportunity to buy this established business located minutes from Hobby Airport. No prior experience is needed/required to oversee & own this business. Recession & pandemic-proof business. Strong potential to increase sales as owner has not fully maximized other revenue streams.
• High Speed, High-efficiency Coin Operated Washers and Dryers
• Clean & Well-Lit Store
• Customer Lounge area
• Two Part-Time Attendants
• Free Wi-Fi for customers
• Store size is approximately 2,400 plus square feet. Low rent $1,500. Great long-term lease ends 2026. Parking Lot with plenty of parking, high traffic count location, a densely populated area with plenty of apartment complexes. Includes High-Speed Laundry Equipment (washers/dryers), bill/coin changers, assorted laundry carts, laundry detergent & softeners, laundry tables, chairs, signage (interior and exterior), all leasehold improvements, security cameras, and much more.
• Seller finance option with 40K down payment
• E2 or EB-5 Visa eligible/approved
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.