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Business for Sale Summary

Laundromat for Sale in Harris County, Texas - 36117

Business Type: dry cleaning/ laundry services,misc. service/non-classifiable,other personal services,owner financing available,laundromats
Owner Financing
Laundromat for Sale in Harris County, Texas
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This business has received 113 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $225,000
Gross Revenues $180,000 Lease Remaining Register Free to View
Owner’s Cash Flow $63,000 Number of FT Employees Register Free to View

Financing

$225,000 Down and balance of $125k for 48 months @ 8%

Business Description

Unleash Your Entrepreneurial Spirit! Rare Opportunity: Newly refurbished Washateria in Harris County, Texas! Back on the market and ready for a quick sale. The owner is offering financing to a qualified buyer and most definitely will accept offers for an all-cash sale. Due diligence must certainly be done, however, with the limited inventory of quality offerings like this one, it will be gone as fast as it comes back on the market. It has seen quantifiable growth in the last four months of operation and is incrementally more than 2 times the revenue since the owner took over. Distance to and from the laundromat for the seller is the main reason for selling. This washateria is your gateway to prosperity in the heart of the bustling Houston Metroplex. This isn't just any ordinary laundromat – its potential to be a cash-generating machine! Recently acquired and undergoing a jaw-dropping transformation, this gem is on the verge of becoming the talk of the town with its 110 refurbished washers and dryers. Nestled in a prime location with minimal competition, this Washeteria is a beacon of opportunity. Don't let this golden ticket slip through your fingers – such sought-after listings vanish faster than a freshly dried shirt! The seller is ready to make a deal and move things forward swiftly, offering this lucrative business on a silver platter. As the renovations near completion, revenue is poised to skyrocket, with a projected cash flow of $84,000 and beyond. Imagine the thrill of being at the helm of this profitable venture, with endless possibilities for growth and expansion. Seize the moment and make your mark in the thriving world of entrepreneurship. The time is now to dive headfirst into this unparalleled opportunity. But hurry – with such a tantalizing offer, this Washeteria won't stay on the market for long! Reach out to Senior Broker Dan Gundrum at 815-323-0608 and secure your future today!

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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.