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Business for Sale Summary

Local Laundromat for sale in TX - 34386

Business Type: absentee business,misc. service/non-classifiable,seller financing available,laundromats
Owner Financing
Local Laundromat for sale in TX
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This business has received 724 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $320,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View


$250,000 Down and Possible seller financing up to 100k for qualified buyers

Business Description

"The seller is now open to holding a note of up to $100k for qualified buyers." Low asking price for a laundromat of this size. Laundromats are very desirable in the Houston area. This laundromat has 50 washers and 50 dryers and is in an excellent location. Perfect absentee owner business. It is being sold "as is. only looking for cash buyers. Also, there are no financial documents to use when seeking financing, hence the very reasonable price. These types of businesses are selling quickly and at favorable prices. The current owner is running the business on a cash - only basis,and with the right programming and management, you may find that this business doubles its revenue. Only serious cash buyers need to inquire about this one The current owner operates many businesses and is looking to sell this business fast to relieve him of much stress. It is a well-established laundromat. The current owner has operated it for over 8 years and just needs to move it along. This shrewd businessman believes someone with his mindset would make a great buyer, and he can make this a very smooth transition. Make your move now, for it won’t last long on the market. Call the broker today at 815-323-0608 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.