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This Business has been Sold!
Closing Date: 05/01/2024
Business for Sale Summary

Very Active Laundromat for Sale in Texas - 34386

Business Type: absentee business,misc. service/non-classifiable,laundromats
Sold
Very Active Laundromat for Sale in Texas
On May 1st 2024, The Undersigned
Acted as the Advisor to the Deal
Daniel Gundrum, MBA
Daniel Gundrum, MBA Senior Broker
Servicing: Galveston County, TX
Harris County, TX
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.

Financial Information (non-confidential)

General Information
Asking Price $180,000 Down Payment $180,000
Gross Revenues $200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $72,500 Number of FT Employees Register Free to View

Financing

$180,000 Down and

Business Description

The asking price has been reduced to $180,000 for a fast sale. $29,000 deduction from previous from the previous asking price. Only serious cash buyers that have an understanding of the laundry business and that can close quickly. 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 business is being sold "AS IS," which means it may need some maintenance or improvements. There are no financial documents available for financing purposes, hence the drastically reduced price. The listing suggests that with the right management and programming, the business could potentially grow dramatically. The laundromat is well-established, and the current owner has been operating it for over 11 years. If you are a serious cash buyer and interested in this opportunity, release the address, check out the washateria and surrounding area, make an offer, and it could be yours. If you have been looking for laundromats you know they are hard to find. You can inquire further by contacting Senior Broker Dan Gundrum at 815-323-0608.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.