Newly Remodeled Card-Operated Laundromat With Manager And Long Lease For Sale - Business for Sale
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Card-Operated Laundromat with Manager in Houston, TX
Houston, TX, US
Added today
Laundromat / Laundry Services
Absentee / Semi-Absentee
This is a card-operated laundromat with a manager in place, located in Southwest Houston, TX, offering self-service and wash-and-fold services in a remodeled 3,500 sq. ft. facility.
Key Information
Asking
$450K
Revenue
$278K
Earnings
$116K
Multiple
3.9x
Key Highlights
- Business operates absentee with a manager and a 3–4 person attendant team.
- Approximately 3,500 sq. ft. facility with 38 washers and about 40 dryer pockets.
- Store was remodeled and converted to a card-operated system about three years ago.
- Lease includes a new five-year term plus a five-year renewal option; rent is approximately $3,700 per month.
- Location has operated as a laundromat for about 30 years.
- Most machines are Speed Queen, about 8 years old; roughly 10 units are about 16 years old.
Contact Info
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