Coin Laundromat in West of Katy, TX

Not Disclosed, TX
Austin County

Asking Price: Annual Revenue:
$150,000 $124,149

Services: Dry Cleaning & Laundry

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RE: Coin Laundromat in West of Katy, TX Broker: Austin Zhao

Quick Facts

Asking Price: $150,000
Annual Revenue: $124,149
Net Profit: Not Disclosed
Cash Flow: $73,030
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 1
BBN Listing #: 330544107
Broker Reference #: 76931-844553

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Business Overview:

A coin-operated laundromat was built at a shuttered laundromat location west of Katy, Texas, in the middle of April 2021. There are 22 washers and 21 dryers, three of which are commercial models. Besides the laundromat operations, the store also shares the space for 5 slot machines which are owned by a slot machine company, who shares income with the store. For 2022, it was projected that sales would be $125,000 and seller's discretionary income would be $47,000. Coin-operated laundromats generate 50% of revenue, followed by the profit sharing from the slot machines at 45% and fabric folding and ATM services at 5%. The operating hours are every day from 7:00 a.m. to 10:00 p.m. Currently the owner operates the business with a shift filled by just one worker.

The reason for the sale of the business is the seller’s burnout caused by lack of past laundry experience.
The laundromat was established in April 2021.
All new equipment purchased in 2021 and 2022
Good location surrounded by apartments and trailer houses
Laundromat location recognized by the neighborhood for over 20years
High Possibility of Growth
Easy to Operate and Low Labor Costs
Established Clientele
Limited/Lack of Competition in Area
Recurring or Increasing Revenue
Opening and operating a laundromat is relatively simple.
There is a lot of potential for the business to grow if a couple of trustworthy employees are found to work for it.
Designed for laundromat business

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Reason for Selling:


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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