Laundromat in East Downtown Houston - Absentee Owner

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Financial Details

Asking Price:
$165,000
Annual Revenue:
$78,600
Cash Flow / SDE:
$32,160
Valuation Multiple:
5.1x
Location:
Houston, TX, US
Sources:
Date:
May 16, 2025

Key Highlights

- Profitable washateria in East Downtown Houston with growth potential.
- Low rent of $1400 with a new long-term lease available.
- Opportunity to increase profits by adding services and optimizing operations.

Description

This is a profitable washateria located in East Downtown Houston. The business is currently run absentee, presenting an opportunity for a more hands-on owner to increase profits by adding services like wash and fold, reducing water consumption, increasing prices, expanding hours, and adding credit card readers. The business includes equipment and has a low rent of $1400 with a new long-term lease available.

Industry Information

Industry Description:
Laundromats and Coin Laundry Businesses
Classification:
Service Businesses

Listing Details

Listing ID:
411b6381-d82b-418f-8d5d-43a9684824a2
Deal Status:
For Sale
Date Posted:
May 16, 2025
Last Updated:
May 26, 2025
Currency:
USD

Features & Tags

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