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
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