Coin operated laundromat- 6,000 Square feet!

Not Disclosed, TX
Galveston County


Asking Price: Annual Revenue:
$440,000 $312,000

Services: Dry Cleaning & Laundry


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RE: Coin operated laundromat- 6,000 Square feet! Broker: Quoc Pham
Owner Financing is Available!

Quick Facts

Asking Price: $440,000
Annual Revenue: $312,000
Net Profit: Not Disclosed
Cash Flow: $112,968
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 991144107
Broker Reference #: 76931-706899

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Business Overview:

Excellent opportunity to acquire a laundromat that has been established for over 20 years! The current owner has owned this laundromat for over 15 years. This is a large laundromat that runs 7 days a week from 7AM to 9PM. The owner is semi-absentee as he owns multiple laundromats. This location is about 6, 000 sq ft and is fully equipped with 80 washers and 70 dryers. The equipment is in great shape and the store is always kept super clean. 4 vending machines, a skill crane game, 2 candy machines are also included in the sale.

Due to the high amount of interest that is expected with this listing and all laundromat listings, I will require for a buyer’s profile in addition to a confidentiality agreement to be completed. Please fully understand that this is an all-cash business. If you are looking for a business that has detailed balance sheets, financial statements or tax returns, this may not be the business for you.

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Reason for Selling:

Family

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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