The Realty TX Laundromat Washateria | Houston Heights
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This laundromat has been serving the Heights residents for more than 30 years with a loyal customer base and consistent demand for laundromat service
- Big space 6280 sf, rent $7,500/mo full gross, open to 15 years lease.
- Seller is landlord. Rent is not accounted in EBITDA
- Big parking lot which is rare in the Heights
- 35+ years of community presence and established customer base
- Income from washer, dryer, wash fold service, and owner-operated dry clean substation
- 1 full-time and 1 part-time employee
- Owners work a few a hour a day and pay themselves $5000/mo, accounted in EBITDA
- Machines are old but well-maintained. They will need to be replaced.
- Owner financing available at $200,000 minimum down payment
Please copy and paste this link below in your browser to complete NDA and upload Proof of Funds:
https://form.jotform.com/260895671575068
POF Threshold $600,000
POST-NDA package will be available by Tuesday.
- Big space 6280 sf, rent $7,500/mo full gross, open to 15 years lease.
- Seller is landlord. Rent is not accounted in EBITDA
- Big parking lot which is rare in the Heights
- 35+ years of community presence and established customer base
- Income from washer, dryer, wash fold service, and owner-operated dry clean substation
- 1 full-time and 1 part-time employee
- Owners work a few a hour a day and pay themselves $5000/mo, accounted in EBITDA
- Machines are old but well-maintained. They will need to be replaced.
- Owner financing available at $200,000 minimum down payment
Please copy and paste this link below in your browser to complete NDA and upload Proof of Funds:
https://form.jotform.com/260895671575068
POF Threshold $600,000
POST-NDA package will be available by Tuesday.
About the Business
- Years in Operation
- 30
- Facilities & Assets
- Old machines, will need replacement
- Market Outlook / Competition
- No direct competition. High demand in the Heights area
- Opportunities for Growth
- Marketing campaign and additional vending machines, etc.
About the Sale
- Seller Motivation
- Sellers are retired
- Transition Support
- Flexible training post-closing
- Financing Options
- Seller Financing minimum $200,000 down
Listing Info
- ID
- 2495137
- Listing Views
- 52
Listing ID: 2495137 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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