Washateria in Houston in Remodeled Center

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Asking Price:
$39,900

Gross Revenue:
$68,100
Cash Flow:
$17,364
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$142,000
included in asking price

FF&E:
$142,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Great opportunity to own a simple cash business in a remodeled shopping center in north Houston. The business consists of 36 washers, 29 dryers, recent 5 ton A/C, change machines, laundry scale, coin scale, 16 security cameras, and all other equipment necessary to run a washateria. With many loyal, repeat customers, this washateria is known for its clean and spacious environment and great customer service. Several machines were replaced recently. Sales declined in 2017 due to shopping center and street construction. With construction already completed, this business is primed to take off at current owner’s expense. Significant potential for additional revenues by adding wash/dry/fold service, extending operating hours, and adding vending machines. Ample parking and high visibility. Perfect family-run business or an addition to your investment portfolio, producing consistent monthly cashflow. Please refer to CBB Listing #8113

About the Business

Location:
Houston, Texas
Year Established:
2004
Number of Employees:
0
Real Estate:
Owned
Building Sq. Ft.:
2,093
Facilities:
2093sf facility in shopping center
Growth & Expansion:
Add wash/dry/fold service, extend operating hours, add vending machine, add ATM machine/
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About the Sale

Reason For Selling:
Owners want to retire
Training/Support:
Seller will train

Listing Info

ID:
1533182
Ad Detail Views:
706

Attached Files Attachment Disclaimer

  Business Profile (314 KB)
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Business Listed by

Frank & Rose Stabler

Certified Business Brokers

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