Newly Remodeled Houston Laundromat: Card-Operated, Manager in Place - Business for Sale
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Card-Operated Laundromat with Manager in Southwest Houston
Houston, TX, US
Added today
Laundromat / Laundry Services
Absentee / Semi-Absentee
This is a card-operated laundromat with a manager and attendant team in place, located in Southwest Houston's Alief area, offering both self-service and wash-and-fold laundry 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 3–4 attendants handling daily operations.
- Store is approximately 3,500 sq. ft. with 38 washers and about 40 dryer pockets.
- Most equipment is Speed Queen, about 8 years old; roughly 10 units are about 16 years old.
- Lease is $3,700/month with a new five-year term plus a five-year renewal option (up to 10 years total).
- Business has operated as a laundromat at this location for about 30 years.
- Located in Southwest Houston’s Alief area, serving a trade area of about 50,000 residents and 16,500 households, with approximately 63% renter households.
Contact Info
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