Hot Listing
Three locations in East Texas
Business Description
Established Laundromat Chain - Three Prime East Texas Locations
This well-established laundromat operation presents an exceptional opportunity to acquire three profitable locations across East Texas, generating strong passive income with minimal overhead requirements. Operating continuously since 2004, this business has built a solid reputation and loyal customer base over nearly two decades.
Business Overview:
- Three strategic locations in Jasper, Newton, and Kirbyville, Texas
- Established in 2004 with proven track record of consistent operations
- Currently operated as an absentee-owned business, ideal for passive investors
- Annual cash flow of $165,000 demonstrates strong financial performance
- Inventory included in sale price
Market Position:
- Dominant market presence as the largest laundromat business in Jasper
- Exclusive market position in Newton and Kirbyville with no direct competition
- Serves essential community needs with recession-resistant revenue streams
- Multiple locations provide diversified income and reduced risk exposure
Financial Highlights:
- Asking Price: $495,000
- Seller's Discretionary Earnings: $165,000 annually
- Strong cash flow with minimal operational complexity
- Low overhead structure maximizes profitability
Operational Advantages:
- Proven absentee ownership model allows for flexible management
- Essential service business with consistent demand
- Minimal staffing requirements reduce operational complexity
- Established systems and processes in place
This turnkey operation offers an ideal investment for buyers seeking passive income generation with minimal hands-on involvement. The owner is retiring after building this successful multi-location enterprise, creating an opportunity for new ownership to continue the established success.
The combination of market dominance, multiple revenue streams, and proven operational model makes this an attractive acquisition for investors seeking stable returns in the essential services sector.
This well-established laundromat operation presents an exceptional opportunity to acquire three profitable locations across East Texas, generating strong passive income with minimal overhead requirements. Operating continuously since 2004, this business has built a solid reputation and loyal customer base over nearly two decades.
Business Overview:
- Three strategic locations in Jasper, Newton, and Kirbyville, Texas
- Established in 2004 with proven track record of consistent operations
- Currently operated as an absentee-owned business, ideal for passive investors
- Annual cash flow of $165,000 demonstrates strong financial performance
- Inventory included in sale price
Market Position:
- Dominant market presence as the largest laundromat business in Jasper
- Exclusive market position in Newton and Kirbyville with no direct competition
- Serves essential community needs with recession-resistant revenue streams
- Multiple locations provide diversified income and reduced risk exposure
Financial Highlights:
- Asking Price: $495,000
- Seller's Discretionary Earnings: $165,000 annually
- Strong cash flow with minimal operational complexity
- Low overhead structure maximizes profitability
Operational Advantages:
- Proven absentee ownership model allows for flexible management
- Essential service business with consistent demand
- Minimal staffing requirements reduce operational complexity
- Established systems and processes in place
This turnkey operation offers an ideal investment for buyers seeking passive income generation with minimal hands-on involvement. The owner is retiring after building this successful multi-location enterprise, creating an opportunity for new ownership to continue the established success.
The combination of market dominance, multiple revenue streams, and proven operational model makes this an attractive acquisition for investors seeking stable returns in the essential services sector.
About the Business
- Years in Operation
- 22
- Employees
- 3 Part-time
open, close, and clean, currenty operates without full time on duty - Facilities & Assets
- This listing is for three locations, located in Jasper, Kirbyville, and Newton Texas. The location in Jasper is a rented building. You will be purchasing property in the Kirbyville and Newton locations, machines only at Jasper location. Mixture of new and old machines.
All locations have Speed Queen machines. Would prefer to sell all three but would consider selling seperately. - Market Outlook / Competition
- Largest business in Jasper, no competition in Newton or Kirbyville.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retiring
Listing Info
- ID
- 2458656
- Listing Views
- 24
Listing ID: 2458656 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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