UNDER CONTRACT - Coin Operated Laundromat

Business Overview:

THIS LISTING IS CURRENTLY UNDER CONTRACT***Seller Financing*** Coin-operated laundromat located in a densely populated area of Houston with a strong base of nearby apartments and residential housing. The facility includes 48 washers and 48 dryers. Equipment is approximately 12–15 years old and has not been recently replaced, but all machines are currently operational. The business is primarily coin-based, with additional income from wash-and-fold services and detergent sales. Reported revenue is approximately $18,000–$20,000 per month, with estimated net income of $8,000–$10,000 per month. Financials are seller-reported and should be independently verified during due diligence. The business is owner-operated and does not currently rely on employees. Operations are straightforward but require regular owner involvement, including cleaning, cash collection, basic maintenance oversight, and customer service. There is potential to increase revenue through equipment upgrades, pricing adjustments, adding card/mobile payments, or expanding services, but these improvements are not currently in place. Due to the cash component of the business, this opportunity is best suited for a buyer comfortable verifying revenue through observation, utility usage, and other due diligence methods.

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Market Competition and Expansion:

The business operates in a competitive but stable market where demand for laundry services remains consistently strong. While there are other laundromats within the broader area, this location benefits from its proximity to dense residential housing, convenient accessibility, and established customer base. The size and capacity of the facility, along with its ability to handle high-volume usage, position it well against smaller or less-equipped competitors.

Additionally, many competing locations may lack the same level of operational efficiency or opportunity for expanded services such as wash-and-fold or pickup and delivery. With a focus on cleanliness, reliable equipment, and customer experience, the business is well-positioned to maintain and grow its market share within the local trade area.

The business offers multiple opportunities for continued growth and revenue expansion. A new owner can increase sales by implementing targeted local marketing, extending operating hours, and optimizing machine pricing and usage. Additional upside exists through expanding wash-and-fold services, introducing pickup and delivery, and pursuing commercial accounts with nearby apartments and small businesses. Enhancing the customer experience through improved branding, cleanliness, and payment options (such as card or mobile pay systems) could further drive customer retention and higher ticket averages. With the infrastructure already in place, the business is well-positioned for scalable growth under active ownership.

Reason for Selling:

Other Ventures. Kindly ask the seller for more information.

Additional Details:

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