Washeteria / Laundromat For Sale
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $250000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 1 - 3
Inventory 255000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Retirment
Description Newly established (8 months old), successfully run and profitable Laundromat with regular clientele on a high traffic road is available. This very clean, attractive and well maintained laundry is in a busy residential/small business neighborhood and serve the surrounding neighborhoods which are primarily made up of houses and apartment complexes. A total of 35 washing machines (5 loads, 3 loads and top loads) as well as 16 stacks of double dryers (32 dryers in total) and 2 boilers are installed. All machines were bought brand new totaling close to $300,000. Security and alarm systems as well as soap/softener product vending machines installed. If you are interested in a business with minimal operating expenses, with great frontal exposure and ample parking, then look no further. The business also has a website that brings new customers all the time. The seller does very minimal marketing and hence revenues can be further increased by aggressive marketing as well as social media presence. All in all, this is a must see opportunity! For further information, please contact Dr. Ali Saeed at 281-494-0665.
The information provided above is from the owners and they would like to keep the sale confidential.
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