The Realty TX Laundromat | East Houston - Business for Sale

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Laundromat with Upgrades in East Houston, TX

Houston, TX, US
Added 1 month ago
Laundromat / Laundry Services
21 years in business

Laundromat in East Houston with recent capital improvements, serving the Cloverleaf, Woodforest, and Sterling Green areas, operating for over 20 years with experienced staff and located near a high-traffic grocery store.

Key Information

Asking

$540K

Revenue

Earnings

$169K

Multiple

3.2x

Key Highlights

  • Years established: 21 (same owner for 20 years)
  • Location: East Houston, serving Cloverleaf, Woodforest, and Sterling Green
  • Recent CapEx includes ~$12,000 in LEDs, two tankless water heaters, 6-inch plumbing, three HVAC units (two recent), and a 16-camera remote system
  • Equipment: Wascomat core fleet (circa 2001) plus a newer row of coin washers/dryers
  • Layout allows for addition of 6 more washers
  • Lease in place through 2030
  • Approximately 30 on-site parking spaces
  • No SBA or owner financing available
  • Minimum proof of funds required: $540,000
  • Financials will be available in 1 week

Contact Info

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