Nice Washateria Needs a New Owner

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Asking Price:
$290,000

Gross Revenue:
$147,482
Cash Flow:
$6,840
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

DOWNLOAD ATTACHED BUSINESS DETAILS PRIOR TO INQUIRING**EXPERIENCE BUYERS ONLY** IF YOU DON'T KNOW WHAT YOU'RE DOING PLS. DON'T BOTHER** ALSO NO LOW BALL OFFERS, SELLER KNOWS WHAT HE HAS AND WILL NOT JUST GIVE IT AWAY**

Before the current owner purchased this washateria back in 2016 it was generating a cash net of $7,800K monthly. Unfortunately, for some business or personal reason he could not sustain the same revenue so as of current the revenues are significantly down. The market and potential is still there, just need the right owner to turn it around. Ideal owner would be someone who is hands on and owner operator. Price are based on Furnishing, Equipment and some goodwill (so don’t debate us on this). Some upside are the Low Rent and Good location with plenty of apartments nearby. Also the machines are in good condition and well maintained.

About the Business

Location:
Houston, Texas
Year Established:
2013
Number of Employees:
2 FT
Real Estate:
Leased
Building Sq. Ft.:
3,900
Rent:
$3,018.00 Per Month
Facilities:
Neighborhood Strip Center
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About the Sale

Reason For Selling:
Seller has a FT job
Training/Support:
Seller will train new owner

Listing Info

ID:
1623902
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Business Details (2 MB)
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Business Listed by

Abner Padora

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