The Realty TX Laundromat | Scott St, Houston

Houston, TX

Seller Financing Available

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Asking Price:$419,000
Established Year:2010
BUSINESS DESCRIPTION

This laundromat offers 5,395 sq. ft. of spacious operational space. Current rent is low for this space this size. Ample parking lot space.

The business has been opened for 15 years with a solid and loyal customer base, ensuring consistent demand and steady revenue.

Prime position, there are three apartment complexes and vibrant residential neighborhoods, boosting excellent visibility from the main road with VPD 19,859.

There is a high demand for laundromat services in the area, with significant potential for growth. The current owner is only offering traditional washer and dryer services, leaving plenty of room for revenue increase through the introduction of additional services, such as wash-and-fold, dry cleaning, or self-service vending options.

Seller financing is available with just 50% down payment and a good credit score.

The real estate can also be purchased separately for $1.1M.

No SBA Loan
Please copy and paste the link below in your browser to complete the NDA and upload Proof of Funds:
https://form.jotform.com/250076766720055


DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Employees
2
Facilities
Well-maintained machines, building is in good condition.
Competition
Solid customer base, no other competition around
Growth & Expansion
Current owner only offers and washer and dryer, no other services/ promotions. There are many additional services can be added to increase the revenue.
Support & Training
1 week of support. Flexible schedule
Reason for Selling
Seller does not have time to manage.
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Trinh
Nguyen
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Trinh Nguyen