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Business for Sale

Local Laundromat for sale in TX
Harris County, TX

Listing #34386

 
Financial Information (non-confidential)
Asking Price $250,000.00 Gross Revenues $320,000.00
Down Payment $250,000.00 Owner’s Cash Flow $75,000.00

Financing: $250,000.00 Down and Possible seller financing up to 100k for qualified buyers

Reason for Selling:Reducing his portfolio

"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.
Daniel Gundrum, MBA
Senior Business Broker
815-323-0608
dgundrum@vestedbb.com
Servicing Area:
Galveston County, TX
Harris County, TX
Daniel Gundrum, MBA

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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