Washateria Laundromat in SE Houston (Est. 1999)

Underperforming washateria laundromat located minutes from Hobby Airport. Sale includes 25 dryers, 22 washers from Wascomat, Dexter, and Maytag. 16 are out of order.

Strong growth potential by:
- Repair existing out of order machines
- Add wash and fold service (no wash/fold currently)
- Add vending machines
- Increase prices
- Expand hours
- Add credit card readers
- Space available to add more washers and dryers

Rent only $1600 for 2400 sqft. Buyer will receive new long term lease.

Parking lot has ample parking, high traffic count location, a densely populated area with plenty of apartment buildings. Seller operates business as absentee owner with one FT attendant. Do not disturb attendant.

Ad#:2478081

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):

$100,000
Included in asking price

Employees:

1 Contractors

Reason for Selling:

Owner lives an hour away from business

Business Location

Location:

Houston, TX

Real Estate:

Leased

Building SF:

2,400

Rent:

$1,600.00