Nice Coin Laundry - Washateria Business For Sale in Houston, Texas

Nice Coin Laundry - Washateria

Personal - Coin Laundry | Personal - Dry-Cleaning and Laundry

Asking Price:	$275,000	Inventory:
Gross Revenue:	$228,000 (comments below)	Real Estate:	n/a
Cash Flow:	$103,000 (comments below)	FF&E:	$200,000 ++
++ included in the asking price not** included in the asking price
Gross Revenue Comments: Owner to prove
Cash Flow Comments: Owner to prove

This is a well kept laundry on Houston's southwest side (just minutes from Missouri City and Stafford). The business has 37 washers (3 60lb, 5 40lb, 9 30lb, 10 20lb, 10 top load) and 39 dryer (18 double stack and 3 50lb). The spacious 3,600 sq/ft laundry is in excellent condition. There is an onsite manager who also runs the dry clean drop station. Sales are 18-20K per month (to be verified by buyer). Rent is $4,310, Gas is $1,600+/-, Water is $1,600+/-, Electricity is $1,500, Insurance is $200, Property Taxes are $84, Security is $26. Monthly net income is between $8,000 and $10,000 per month (to be verified by buyer).

About the Business

Year Established:2005

Employees:1 full time - 1 part time

Facilities:3600 sq/ft leased space. $4,310 rent

About the Sale

Management Training and Support:2 weeks

Reason For Selling:To focus on other businesses.

KEYWORDS: coin laundry cleaning service wash and fold hispanic cash business absentee

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Business Listed By
Doug Murrell, CBI \| VR Business Brokers View All of My Listings


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	The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.

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