The Realty Laundromat Washateria | 8102 W Tidwell Rd #D, Houston

Houston, TX
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Asking Price:$65,000
Gross Revenue:$124,532
EBITDA:$45,472
Established Year:2003
Cash Flow:$45,472
Inventory:$2,000
FF&E:$65,000
BUSINESS DESCRIPTION

If you would like to get more information on this business, please sign NDA and upload proof of funds here:

form.jotform.com/232914293941056

NO SELLER FINANCE.
NO SBA Loan

Address: 8102 W Tidwell Rd #D, Houston, TX 77040

Exact Google Map: https://www.google.com/maps/place/Inwood+Cleaner/@29.8513773,-95.5169032,19z/data=!4m10!1m2!2m1!1sInwood+cleaner!3m6!1s0x8640c583a2a07359:0xe85e9608b29f811!8m2!3d29.85138!4d-95.5162554!15sCg5Jbndvb2QgY2xlYW5lcpIBCmxhdW5kcm9tYXTgAQA!16s%2Fg%2F1tfp2vd9?entry=ttu

Revenue: $124,532/year
Expenses: $79,061/year
EBITDA: $45,472/year

Reason for Selling: Retirement.
Employees: 0

Lease Premise: 2,240 SF
Current Monthly Rent = $3,000

List of Equipment:
Equipment and machines are about 20 years old.
AC and water heater are working.
80% of washers and dryers are working.
1 Washer Unimac 60 lbs
2 Washer Huebsch Originators 50 lbs
4 Washers Huebsch Originators 35 lbs
16 Washers Wascomat Senior W 125 Triple Loader
2 Washers Wascomat Senior W 125 Double Loader
12 Small Washers Huebsch
15 Dryers Huebsch Originators 30 Plus
3 Double Dryers Wasco-Dry (3 double = 6 dryers)
3 Dryers Wasco-Dry
5 Folding Tables
1 Heater
9 Clothing Carts
1 Cash Register
1 Refrigerator
1 Drinking Machine
1 Soda Machine
1 Small Refrigerator
1 Microwave
1 Small Oven
1 Drinking Machine
1 Soda Machine
1 Juki Sewing Machine
1 Stitch Machine
Laundromat Supplies: detergents, bleaches, fabric softeners, etc.


DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Recession proof. People will always need to wash their dirty clothes.
Growth & Expansion
Make your money back within a year and a half. Then buy another laundromat. Rinse and repeat.
Support & Training
This is a laundromat. Customers put coins in, machines run, owner collects money, super simple.
Reason for Selling
Retirement
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Duy
Nguyen
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Duy Nguyen