Laundromat In East Downtown - Absentee Owner!
Listing: #HT00190
About this Business for sale in Houston
Laundromat In East Downtown - Absentee Owner!Profitable washateria for under 175K with lots of room for growth! Sale includes 2016 Dexter 15 washers, 18 dryers, soap vending machine, arcade machine, candy machine, 8 camera remote system and more. HVAC 8 ton unit was replaced in 2023. Owner operates absentee as worker opens/closes every day. Strong growth potential by:
- Adding wash and fold service
- Reducing water consumption
- Increase prices
- Expand hours
- Add credit card readers
- Space available to add more washers and dryers
Rent only $1400! Sqft is 1200. Buyer will receive new long term lease. Situated near East Downtown, second and third wards.
Some seller financing is available. Contact broker to schedule showing today.
Inventory: Included in asking price
Real Estate: Leased
Building SF: 1,200
Employees: 1
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Financing: Negotiable
Reason for Selling: Too far from home
*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.