Highest Reviewed Laundromat in Houston | 44 Washers & 25 Dryers (New)
Business Description
Newly Built in 2024 with Semi-Absentee Ownership Potential
If you are looking to buy a laundromat with new equipment, a favorable lease, and the potential to diversify your income as a semi-absentee owner, this may be the right opportunity for you.
This laundromat opened in 2024 following an investment of +$1.4 million in equipment and improvements to its leased space. The equipment package includes 44 washers plus 25 dryers. At $785,000, the asking price represents a $622,000, or 44%, discount to the owner’s initial investment.
The laundromat is part of an industry leading franchise system. The SDE presented in this advertisement reflects performance of other franchise locations. It is not the SDE of this laundromat being offered for sale but provides an indication of its earnings potent under new ownership that's "hands on" for at least 20-hours per week.
The franchise model supports two complementary revenue streams: a traditional walk-in laundromat plus commercial pickup-and-delivery service. The current owner has not pursued pickup-and-delivery due to lack of time, which is why this location has underperformed.
In speaking with other franchises, they've indicated a realistic revenue to target for this location is $1 million with 20% to 25% margins. The steps to improve financial performance are discussed at length in the report to be shared with prospective buyers after signing an NDA.
Most customers are highly satisfied which has led this location to be the highest rated laundromat on Google in Houston. These positive reviews indicate this laundromat's challenges are rooted in limited marketing, rather than the experience provided to customers who already use its facility.
The laundromat has 9-Years + 2 X 5-years options remaining on its 4,404-square-foot leased space and total rent expense inclusive of NNN expenses in 2025 was $6,649 per month.
Based on anticipated lender requirements, the prospective buyers should have at least $235,000 in available cash. This acquisition DOES NOT qualify for SBA financing with only a 10% down payment.
Ready to learn more about this opportunity?
Simply complete the contact form here on BizBuySell, and we'll email you an NDA.
After you've signed the NDA, you'll receive a follow-up email containing the CIM.
This laundromat opened in 2024 following an investment of +$1.4 million in equipment and improvements to its leased space. The equipment package includes 44 washers plus 25 dryers. At $785,000, the asking price represents a $622,000, or 44%, discount to the owner’s initial investment.
The laundromat is part of an industry leading franchise system. The SDE presented in this advertisement reflects performance of other franchise locations. It is not the SDE of this laundromat being offered for sale but provides an indication of its earnings potent under new ownership that's "hands on" for at least 20-hours per week.
The franchise model supports two complementary revenue streams: a traditional walk-in laundromat plus commercial pickup-and-delivery service. The current owner has not pursued pickup-and-delivery due to lack of time, which is why this location has underperformed.
In speaking with other franchises, they've indicated a realistic revenue to target for this location is $1 million with 20% to 25% margins. The steps to improve financial performance are discussed at length in the report to be shared with prospective buyers after signing an NDA.
Most customers are highly satisfied which has led this location to be the highest rated laundromat on Google in Houston. These positive reviews indicate this laundromat's challenges are rooted in limited marketing, rather than the experience provided to customers who already use its facility.
The laundromat has 9-Years + 2 X 5-years options remaining on its 4,404-square-foot leased space and total rent expense inclusive of NNN expenses in 2025 was $6,649 per month.
Based on anticipated lender requirements, the prospective buyers should have at least $235,000 in available cash. This acquisition DOES NOT qualify for SBA financing with only a 10% down payment.
Ready to learn more about this opportunity?
Simply complete the contact form here on BizBuySell, and we'll email you an NDA.
After you've signed the NDA, you'll receive a follow-up email containing the CIM.
About the Business
- Years in Operation
- 2
- Employees
- 4 (3 Full-time, 1 Part-time)
- Facilities & Assets
- The facility has 44 washers plus 25 dryers capable of accommodating everything from small loads to large comforters. The washers range from 20 to 85 pounds. The dryers range from 35 to 80 pounds,
Please refer to CIM for further detail which will be shared after a signed NDA. - Market Outlook / Competition
- Please refer to CIM which will be shared after a signed NDA.
- Opportunities for Growth
- Please refer to CIM which will be shared after a signed NDA.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,404
- Rent
- $6,649 per month
About the Sale
- Seller Motivation
- Please refer to CIM which will be shared after a signed NDA.
- Transition Support
- The purchase price includes 40 hours of training (4 weeks 10 hours per week).
- Financing Options
- Down Payment of at least $235K will be required for bank financing
Listing Info
- ID
- 2539446
- Listing Views
Listing ID: 2539446 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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