Laundromat Business For Sale & Also For Lease

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Laundromat Business For Sale
Asking Price:
$450,000

Gross Revenue:
$204,000
Cash Flow:
$72,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Newly Established Laundromat Business 3500 sqft in a New Shopping Center on a corner lot located in Houston Texas.
The shopping Center was built in 2016. The Laundromat was started in 2017.
Very profitable business with huge upside potential. Absentee owner. Huge potential to increase the business by New Owner who can also be an Owner Operator.
Business is for sale and also for lease on a long term lease option. Seller is willing to execute a long term lease with 3 to 4 renewal options.
Asking Price for business $450,000.00
Asking price for lease $150,000.00
Owner financing available.

About the Business

Location:
Houston, Texas
Year Established:
2017
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
3,500
Rent:
$1.43 Per Month
Facilities:
If some one is interested the shopping center is also for sale.
Call seller for details.
Growth & Expansion:
Huge growth potential with new owner operator.
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About the Sale

Reason For Selling:
Other Interest.
Training/Support:
Seller will provide two week training to the new owner.

Listing Info

ID:
1410580
Ad Detail Views:
578

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Business Listed by

Tariq Zaka

Champions Real Estate Group

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