Very Profitable & Absentee Laundromat-Attended-Houston TX $650K - Business for Sale
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Absentee-Run Laundromat with Gaming Stations in Houston, TX
Houston, TX, US
Added 23 days ago
Laundromat / Retail Service
Absentee / Semi-Absentee
This is a fully attended, absentee-run laundromat in Houston, TX, operating in a 3,200 sq ft leased space with 33 washers, 32 dryers, and additional income from wash & fold, vending, and five legally permitted gaming stations.
Key Information
Asking
$650K
Revenue
$320K
Earnings
$149K
Multiple
4.4x
Key Highlights
- Annual net income is approximately $149,000
- Owner is absentee and manages operations, schedules, and cash collections
- Business is fully attended with 4 part-time workers
- Income sources include self-serve, wash & fold, vending, and 5 legally permitted gaming stations
- Lease is $2,133 per month plus approximately $904 CAM, totaling $3,037 for 3,200 sq ft, with 19 years remaining
- Equipment includes 33 washers and 32 dryers; half are 6 months old, half are 5 years old
- Store features a Laundroworks card system, new water heater, new floors, and electric upgrades
- Seller financing available: $150,000 financed with $500,000 down
Contact Info
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