Well Maintained Money Maker Laundromat

Pasadena, TX
Harris County


Asking Price: Annual Revenue:
$350,000 $195,000

Services: Dry Cleaning & Laundry


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RE: Well Maintained Money Maker Laundromat Broker: Syed Ali
Owner Financing is Available!
$175,000.00

Quick Facts

Asking Price: $350,000
Annual Revenue: $195,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 4
BBN Listing #: 34444107
Broker Reference #: 76931-454870

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Business Overview:

Self Service & Wash Dry Fold Washateria.

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Property Features and Assets:

This washeteria has been a part of the community in Pasadena for over 22 years, delivering quality service at a reasonable price. Stability of earnings is a real plus for this business. The business operates in a compact 2,500 square foot space which keeps overhead low and profits high. With a dependable staff of two on-site attendants at the facility, business stands out with real customer service and quality friendly help. This Laundromat is well equipped with 25 washing machines, 27 dryers and has seen stable earnings even during economic fluctuations. The owner’s interest to possible retirement now presents the buyers with this excellent opportunity. The area around the business has excellent demographics for a washeteria through apartments in the area. This laundromat which sits in the midst of Pasadena extremely busy road and very visible corner location.

Market Competition and Expansion:

High density area have some Laundromat in the area provide similar services. Potential Growth: This money-making coin laundry absolutely has great potential to grow. This laundromat which sits in the midst of Pasadena extremely busy road and very visible location holds 2,460 square feet at $4,600 monthly rent, owner add very well organized kiosk to sell soaps and etc.The.New owner can also add Drycleaner pick up station and Alteration/ Shoe repair service.

Reason for Selling:

Retirement

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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