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Business for Sale Summary

Neighborhood Laundromat for sale in TX - 34613

Business Type: cleaning services,misc. service/non-classifiable,other personal services,laundromats
Neighborhood Laundromat for sale in TX
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Financial Information (non-confidential)

General Information
Asking Price $259,000 Down Payment $259,000
Gross Revenues $140,992 Lease Remaining Register Free to View
Owner’s Cash Flow $60,594 Number of FT Employees Register Free to View


$259,000 Down and

Business Description

Totally remodeled laundromat in a very busy neighborhood with 25 single family apartment buildings within a 1-mile radius. Well managed with excellent documented maintenance. All machines are in working order and have ClearToken App payment system (28.7% of gross sales) along with quarters. The Change Machine has been refurbished and new lint filters for dryers have been installed. Store windows are tinted, LED lighting throughout, and both AC units have been serviced to improve energy efficiency. Drink machines (owned) plus shared vending and game machines provide additional monthly revenue. Low-cost Energy contract in place for 3 more years for expense control. Current lease option has been exercised this year for 3 years and an additional 3-year extension is available for a total of 6 years. Equipment includes Washers = 36; 80 pounds = 3, 60 pounds =9, 40 pounds = 6, 30 pounds = 15, 20 pounds = 3. Dryers 30-pound Double Stack = 26 for a total of 52. Change Machine with $2000 capacity, Tankless Water Heaters = 3 and Mop Sink. Channel Letter Signage in front and automatic door locks. This location is Self – Serve with No Employees needed. Call the broker for more details.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.