Established 9-Year Laundromat - Houston Metro Area
This profitable coin laundry operation has successfully served the Houston community since 2017, generating consistent annual revenue of $200,000 with strong seller's discretionary earnings of $120,000. The business is strategically positioned on a busy corner street surrounded by numerous rental apartments, ensuring steady customer traffic and demand.
* Note: Multiple offers currently being received. Owner requires cash transaction with 30-day closing timeline only.
Financial Performance:
• Annual Revenue: $200,000
• Seller's Discretionary Earnings: $120,000
• Exceptional 60% profit margin reflecting operational efficiency
• 9 years of proven financial stability and growth
Location & Facility:
• 4,000 square feet of operational space
• Prime corner location with high visibility and foot traffic
• Surrounded by rental apartment complexes providing built-in customer base
• Secure long-term lease through March 2038
• Monthly lease: $5,300 (includes CAM, taxes, and insurance)
• Large parking lot for customer convenience
Business Features:
• Turnkey operation with all inventory included
• Well-maintained equipment with 1-month warranty on washers and dryers
• Loyal customer base established over 9 years
• Recession-resistant essential service business model
• Located in desirable neighborhood with steady demographics
Growth Opportunities:
• Additional floor space available for equipment expansion
• Potential to install gaming machines for supplemental revenue
• Opportunity to extend operating hours
• Foundation ready for modern payment system upgrades
Owner Support:
• 2 weeks of comprehensive training provided
• Equipment warranty and repair support for first month
• Smooth transition assistance to new ownership
The current owner is retiring after building this successful operation over nearly a decade. This represents an outstanding opportunity for an entrepreneur seeking stable cash flow and business independence in Houston's growing market.
Note: Multiple offers currently being received. Owner requires cash transaction with 30-day closing timeline only.
Ad#:2420580
