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Asking Price:	$1,850,000 USD USA Dollars
Business for Sale Industry:	Services: Dry Cleaning & Laundry
Reason for Selling:	Pursue other business interests
Year Established:	2003
# of Employees:	6
Yearly Revenues:	$498,680
Yearly Cash Flow:	$254,960

Business for Sale Overview:

This is a Washateria, Car Wash and Dollar Store in one complex that encompasses a city block (all four corners) on 76,683 Square Feet of property and fronts a major thoroughfare. Built in 2003, the business has a strong customer base in the surrounding Hispanic community. A large percentage of the customers come as a family to do the wash, wash their car, shop at the Dollar Store, play pool or other video games and have a soda or ice cream – a great family outing. The washateria has 68 washers and 56 dryers and plenty of parking. The owners have added income from rental space to Barri (currency exchange), wash & fold and game machines. For the new Buyer, your additional income could be obtained from expanding the Dollar Store, adding extra profit centers such as Western Union, dry cleaning drop off, bill payments, etc. The car wash is an eight bay self service, brick construction, with a metal roof, 8 vacuums and concrete drives. The area is very stable and has fantastic demographics and the site has extra unused real estate for future development. This is a fantastic opportunity to get into a well established business and grow it even more.

Property Features and Assets:

Built in 2003 on a full city block (all four corners) 76,683 Square Feet. Building area is 9,960 Square Feet with frontage on a major thoroughfare in SE Houston. There is plenty of parking and extra land for development.

Market Competition and Expansion:

There are a number of ways that the new owner could expand this business. Develop the vacant property. Add new services in the washateria. Lease space within the wash to other type businesses.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.