The Realty TX Laundromat Washateria | Fondren Southwest, Houston - Business for Sale
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Absentee-Run Laundromat in Fondren Southwest Houston
Houston, TX, US
Added 6 days ago
Laundromat / Laundry Services
6 years in business
Absentee / Semi-Absentee
Modern laundromat with recent Wascomat equipment and absentee ownership located in Fondren Southwest, Houston, Texas.
Key Information
Asking
$699K
Revenue
$407K
Earnings
$151K
Multiple
4.6x
Key Highlights
- Business established in 2020 (6 years in operation as of listed date)
- 3,200 square feet facility with recent Wascomat equipment
- Fully managed by 3 employees; owner-absentee operation
- Current NNN rent is $5,900/month with 12 years remaining on lease including options
- 36 dedicated parking spaces
- Located in Fondren Southwest, Houston, with triple highway exposure and traffic of 100,000+ vehicles daily
Contact Info
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