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Business for Sale Summary

Very Active Laundromat for Sale in Texas - 34386

Business Type: absentee business,misc. service/non-classifiable,seller financing available,laundromats
Very Active Laundromat for Sale in Texas
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This business has received 1072 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $209,000 Down Payment $209,000
Gross Revenues $320,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View


$209,000 Down and Possible seller financing up to 100k for qualified buyers

Business Description

The current asking price of $209,000, is a significant reduction of $41,000 from the previous asking price. The owner is eager to sell as soon as possible. The laundromat is located in an excellent location in Harris County, Texas. It has 40 washers and 40 dryers, making it a sizable operation. The listing suggests that it's a perfect absentee owner business, meaning you don't necessarily need to be on-site to run it. The business is being sold "AS IS," which means it may need some maintenance or improvements. The seller is looking for cash buyers, and there are no financial documents available for financing purposes, hence the reasonable price. The listing suggests that with the right management and programming, the business could potentially double its revenue. The current owner has been running the business on a cash-only basis and is looking to sell quickly due to other business commitments and to reduce stress. The laundromat is well-established, and the current owner has been operating it for over 9 years. If you are a serious cash buyer and interested in this opportunity, you can inquire further by contacting Senior Broker Dan Gundrum at 815-323-0608.

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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.