The Realty TX Laundromat Washateria | North Houston, Houston
Asset Sale Description
Dear buyer : Four years ago, we poured our hearts, savings, and endless hard work into building this laundromat from the ground up. We designed it to be bright, clean, and welcoming, and we've meticulously maintained it ever since. Today, the nearly 3,000-square-foot facility still looks and feels brand new, with every single coin machine kept in mint condition.
Over the years, our customers have truly become like family to us. Thanks to their loyalty and our hands-on management, the store currently generates a Seller’s Discretionary Earnings (SDE) of over $65,000 a year. One of our biggest competitive advantages is the unbeatable lease: gross rent is just $3,000 a month, and that even includes the dumpster fee.
So, why are we selling? Life has taken an unexpected turn. We must permanently leave the country to care for elderly parents in Southeast Asia. Because we cannot manage the store from abroad, we are forced to walk away from the business we love, pricing it strictly as an asset sale for a quick and smooth transition.
Currently, my wife and I run the daily operations, but we have one reliable, part-time staff member who is fully trained and will stay on with the new owner.
While the business is already profitable, the true value here lies in the massive, untapped upside. We are traditional operators and have never done a single piece of marketing. A buyer with an understanding of modern promotion—someone who can implement doorhangers, launch a digital presence, offer wash-and-fold services, or run "Free Dry" and mid-week discounts—can easily unlock this store's massive potential.
We built the foundation, secured the cheap rent, and kept the equipment flawless. Now, it just needs an focused operator to take the reins and watch it grow.
NO SBA. NO LOAN. NO SELLER FINANCING.
Disclaimer: To help us provide a timely response, please complete your Buyer Profile when submitting the NDA through BizBuySell. NDAs submitted without a completed profile may not receive a response. Qualified buyers will be contacted by email with a secure link to submit Proof of Funds (POF) prior to receiving detailed financial information.
Over the years, our customers have truly become like family to us. Thanks to their loyalty and our hands-on management, the store currently generates a Seller’s Discretionary Earnings (SDE) of over $65,000 a year. One of our biggest competitive advantages is the unbeatable lease: gross rent is just $3,000 a month, and that even includes the dumpster fee.
So, why are we selling? Life has taken an unexpected turn. We must permanently leave the country to care for elderly parents in Southeast Asia. Because we cannot manage the store from abroad, we are forced to walk away from the business we love, pricing it strictly as an asset sale for a quick and smooth transition.
Currently, my wife and I run the daily operations, but we have one reliable, part-time staff member who is fully trained and will stay on with the new owner.
While the business is already profitable, the true value here lies in the massive, untapped upside. We are traditional operators and have never done a single piece of marketing. A buyer with an understanding of modern promotion—someone who can implement doorhangers, launch a digital presence, offer wash-and-fold services, or run "Free Dry" and mid-week discounts—can easily unlock this store's massive potential.
We built the foundation, secured the cheap rent, and kept the equipment flawless. Now, it just needs an focused operator to take the reins and watch it grow.
NO SBA. NO LOAN. NO SELLER FINANCING.
Disclaimer: To help us provide a timely response, please complete your Buyer Profile when submitting the NDA through BizBuySell. NDAs submitted without a completed profile may not receive a response. Qualified buyers will be contacted by email with a secure link to submit Proof of Funds (POF) prior to receiving detailed financial information.
Detailed Information
- Years in Operation
- 4
- Facilities & Assets
- 4 years old facility, well-maintained . Coin-based Huebsch machine.
About the Sale
- Transition Support
- Flexible training schedule post closing.
- Seller Motivation
- Seller does not have time to manage.
- Financing
- No Loan. No SBA. No Seller financing.
Listing Info
- ID
- 2520557
- Listing Views
- 1384
Listing ID: 2520557 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. See our full Terms of Use. Learn how to avoid scams.
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