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UNDER CONTRACT - Coin Operated Laundromat in Houston
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THIS LISTING IS CURRENTLY UNDER CONTRACT
***Seller Financing***
Coin-operated laundromat located in a densely populated area of Houston with a strong base of nearby apartments and residential housing. The facility includes 48 washers and 48 dryers. Equipment is approximately 12–15 years old and has not been recently replaced, but all machines are currently operational.
The business is primarily coin-based, with additional income from wash-and-fold services and detergent sales. Reported revenue is approximately $18,000–$20,000 per month, with estimated net income of $8,000–$10,000 per month. Financials are seller-reported and should be independently verified during due diligence.
The business is owner-operated and does not currently rely on employees. Operations are straightforward but require regular owner involvement, including cleaning, cash collection, basic maintenance oversight, and customer service.
There is potential to increase revenue through equipment upgrades, pricing adjustments, adding card/mobile payments, or expanding services, but these improvements are not currently in place.
Due to the cash component of the business, this opportunity is best suited for a buyer comfortable verifying revenue through observation, utility usage, and other due diligence methods.
***Seller Financing***
Coin-operated laundromat located in a densely populated area of Houston with a strong base of nearby apartments and residential housing. The facility includes 48 washers and 48 dryers. Equipment is approximately 12–15 years old and has not been recently replaced, but all machines are currently operational.
The business is primarily coin-based, with additional income from wash-and-fold services and detergent sales. Reported revenue is approximately $18,000–$20,000 per month, with estimated net income of $8,000–$10,000 per month. Financials are seller-reported and should be independently verified during due diligence.
The business is owner-operated and does not currently rely on employees. Operations are straightforward but require regular owner involvement, including cleaning, cash collection, basic maintenance oversight, and customer service.
There is potential to increase revenue through equipment upgrades, pricing adjustments, adding card/mobile payments, or expanding services, but these improvements are not currently in place.
Due to the cash component of the business, this opportunity is best suited for a buyer comfortable verifying revenue through observation, utility usage, and other due diligence methods.
About the Business
- Market Outlook / Competition
- The business operates in a competitive but stable market where demand for laundry services remains consistently strong. While there are other laundromats within the broader area, this location benefits from its proximity to dense residential housing, convenient accessibility, and established customer base. The size and capacity of the facility, along with its ability to handle high-volume usage, position it well against smaller or less-equipped competitors.
Additionally, many competing locations may lack the same level of operational efficiency or opportunity for expanded services such as wash-and-fold or pickup and delivery. With a focus on cleanliness, reliable equipment, and customer experience, the business is well-positioned to maintain and grow its market share within the local trade area. - Opportunities for Growth
- The business offers multiple opportunities for continued growth and revenue expansion. A new owner can increase sales by implementing targeted local marketing, extending operating hours, and optimizing machine pricing and usage. Additional upside exists through expanding wash-and-fold services, introducing pickup and delivery, and pursuing commercial accounts with nearby apartments and small businesses. Enhancing the customer experience through improved branding, cleanliness, and payment options (such as card or mobile pay systems) could further drive customer retention and higher ticket averages. With the infrastructure already in place, the business is well-positioned for scalable growth under active ownership.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,610
- Rent
- $6,867 per month
- Lease Expiration
- 12/17/2034
About the Sale
- Seller Motivation
- Other Ventures
- Transition Support
- 2 Weeks
- Financing Options
- Owner Financing Amount $200,000.00 Owner Financing Interest 0%
Listing Info
- ID
- 2484258
- Listing Views
- 2392
Listing ID: 2484258 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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