Newly Built Washateria in SW Houston

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Asking Price:
$500,000

Gross Revenue:
$144,000
Cash Flow:
$62,640
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Newly built washateria with plenty of potential. Excellent location surrounded by apartments in the SW area. Give it some time and this will Washateria will be the “go to” in this neighborhood. The revenue should increase significantly! There is also an available 1,000sf space next door to increase the size and take it to the next level! A steady cash flow with good stable workers make this an excellent investment! Existing note of $300K is assumable. Possible owner finance with 20% down
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About the Business

Location:
Sharpstown, Texas
Year Established:
2019
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$3,340.00 Per Month
Facilities:
Neighborhood Retail Center
Market Outlook/
Competition:
Excellent location plenty of apartments nearby but I think the extra 1,000 sf of space will really help the business.
Growth & Expansion:
Excellent location plenty of apartments nearby but I think the extra 1,000 sf of space will really help the business.
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About the Sale

Reason For Selling:
Owner works for Oil & Gas company and has an offer overseas
Training/Support:
Seller will train next owner
Seller Financing:
Equipment note of $300K is assumable

Listing Info

ID:
1639186
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Business Profile (2 MB)
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Business Listed by

Abner Padora

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