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The Realty Laundromat Washateria | Little York Area, Houston

Houston, TX
listing image
Asking Price:$339,000
Gross Revenue:$286,950
FF&E:$339,000
Cash Flow:$105,065
EBITDA:$105,065
Established Year:2009
Listing ID: 2225851Listing provided by BizBuySell
BUSINESS DESCRIPTION

The Realty Laundromat | Little York

NDA and Proof of funds are REQUIRED before further information is released.
NDA Link: https://form.jotform.com/240805344147049

After completing NDA and Proof of Funds, a member of our team will contact you.

NO REAL ESTATE IN THIS SALE.
CASH SALE ONLY.
NO OWNER FINANCING.
NO LOAN AT ALL.

A profitable and stable Laundromat is available for sale, conveniently located near the busy 45 North area.
The laundromat is surrounded by plenty of multi-family properties.

Profit and Loss for Oct 2023 - Sep 2024
Revenues: $286,794
Expenses: $181,729
EBITDA: $105,065
Monthly rent: $4,250 (base & NNN).
There is room for more profit to be made.

Owner absentee.
The Laundromat operates 7 days a week from 7 AM to 9 PM
Air conditioning units were recently replaced.
32 Washers.
24 Dryers.

ATTACHED DOCUMENTS
Flyer.pdf Download
DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Assets included: Furniture, Fixtures, Equipment, and Inventory. 32 Washers. 24 Dryers.
Growth & Expansion
There is an opportunity to grow the business by improving the Wash & Fold service. The laundromat has been offering a free dry service for a while, which could be adjusted by raising the wash prices or discontinuing the incentive. This change could lead to increased profits.
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Trinh
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Trinh Nguyen
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