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Harris County, Texas
Established Laundromat with Excellent Cash Flow
Asking Price
$395,750
Revenue
Call/Email
Down
$395,750
Cash Flow
Call/Email
Name: Samir Gandhi
Name
Samir Gandhi
Description
The business generates approximately $21,296 in average monthly revenue, or about $254,550 annually. Based on seller-reported financials, annual cash flow is approximately $78,365 as an absentee-owned business and more than $118,000 under an owner-operator model. The laundromat requires minimal day-to-day owner involvement and has a long-term lease in place. There is also room to grow through wash-and-fold services, social media, local marketing, and outreach to nearby residents and businesses.
This is an awesome opportunity for a first-time entrepreneur looking to enter the laundromat industry or an existing owner looking to add an established business to their portfolio.
The business is primarily cash-based, with organized Excel financial records maintained by the seller. Financial information is available to qualified buyers and should be independently verified during due diligence. Seller financing may be available for a well-qualified buyer.
• Grow wash-and-fold revenue through better signage, promotions, and targeted local marketing.
• Expand digital and community marketing through social media, online ads, local promotions, and community outreach (Ad flyers) .
• Add convenient services such as wash-and-fold, Dry cleaning drop-off and pick-up for local residents and small businesses with expanded service area.
• Partner with larger wash-and-fold pickup and delivery services to increase volume.
• Offer multiple payment options, including laundry cards and mobile/app payments.
• Strengthen revenue streams through laundry products, vending machines ( Soda, Chips, and candies), and kids’ games.
• Review competitive and market pricing and gradually adjust pricing and services to increase revenue and profitability.
https://tworld.com/locations/Texas/southandwesttexas/listings/Established-Laundromat-with-Excellent-Cash-Flow
Business Details
Year Established:
11
Employees:
2
FE&E:
$395,000
Reason for sale:
Other Business Interests
Lease & Tenant Information
Lease Options:
$5,264
Other Information
Listing Number:
76931-708932
Sales:
$255,549
Inventory:
$1,000
Posting Information
Posting ID:
ID tw:91468 / Listing Number 76931-708932
Business Category:
Cleaning/Clothing, Cleaning
Keywords:
Transworld
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Posting Title
Established Laundromat with Excellent Cash Flow
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*91468
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NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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