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Business Description
Easy to run, well-established washateria located in a small, busy strip plaza with stable neighboring businesses. Additionally, adjacent to an apartment complex with almost 200 units.
About the Business
- Years in Operation
- 45
- Number of Employees
- 2
- Facilities & Assets
- Contract has an option to renew the lease for two additional terms of 5 yrs at the expiration of the original term.
32 Washers & 38 Dryers - Wash & Fold business is well-established. Brand new AC unit (approximately 12k). - Market Outlook / Competition
- Business generates an annual gross income of approximately $194K and an annual net income of 109K. Great cash flow. $$$ Location – located near the heart of Huntsville. Less than a mile from Sam Houston State University and less than a mile from I-45.
- Opportunities for Growth
- Currently, no online presence. The business could tremendously benefit from a website built around online orders for wash & fold and pick-up & delivery.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $2,550.00 per month
- Lease Expiration
- 3/20/2029
About the Sale
- Seller Motivation
- Owner is retiring.
- Transition Support
- Support & Training could be provided for a minimum fee. Two weeks of training to ensure smooth transition.
- Financing Options
- LIMITED OWNER FINANCING – no longer than 5 yrs and minimum deposit of 50%.
Listing Info
- ID
- 2404226
- Listing Views
- 1642
Listing ID: 2404226 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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