Distressed Washateria In Midtown Houston
Listing: #HT00225Fernando Saldivia
Broker | Houston
About this Business for sale in Houston
Distressed Washateria In Midtown HoustonOver 30 yrs in existence. AS-IS. This is an asset sale only and takeover space. Total 36 washers, 25 dryers. Approximate 19 machines out of order.
$8,400 rent. 2,600 sqft. Buyer will receive new long term lease. Landlord requires minimum $250K net worth with $100K liquid after purchase.
Located inside 610 loop on heavy traffic street. Contact broker for showing.
*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.
