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Harris County, Texas
Mostly Absentee Laundromat, 2020 Electrolux Equip, Great Lease
Asking Price
$600,000
Revenue
Call/Email
Down
$600,000
Cash Flow
Call/Email
Name: Katie Holditch
Name
Katie Holditch
Description
The laundromat benefits from substantial existing infrastructure investment, with replacement cost for a facility of this scale in the Houston market typically estimated between $600,000 and $900,000, excluding equipment. This represents a significant barrier to entry and provides meaningful underlying asset value to a new owner.
The business operates under a favorable long-term lease at $1.00 per square foot, with the current term extending through Fall 2028 and a five-year renewal option available. Low occupancy cost provides operational stability and supports long-term profitability. All in rent with NNN is currently $5,620.
Based on year-to-date performance through November, 2025 annualized gross revenue was approximately $222,070, with Seller’s Discretionary Earnings estimated at $58,156.
The business is currently operated absentee with four employees managing day-to-day operations. The owner’s decision to sell is driven by the growth of another business venture requiring increased focus and time.
The combination of modern equipment, established infrastructure, favorable lease terms, and absentee operation makes this business a compelling opportunity for an owner-operator or investor seeking entry into the laundromat industry without the cost, timeline, and construction risk associated with developing a new location.
https://tworld.com/locations/Texas/southandwesttexas/listings/Mostly-Absentee-Laundromat-2020-Electrolux-Equip-Great-Lease
Business Details
Employees:
4
FE&E:
$600,000
Reason for sale:
Other Opportunities, Distance
Lease & Tenant Information
Lease Expiration:
10/30/2028
Lease Options:
$5,620
Other Information
Listing Number:
76931-274170
Sales:
$222,070
Seller's Discretionary Earnings:
$58,156
Inventory:
$2,000
Posting Information
Posting ID:
ID tw:88480 / Listing Number 76931-274170
Business Category:
Cleaning/Clothing
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Mostly Absentee Laundromat, 2020 Electrolux Equip, Great Lease
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*88480
Full Name (Required)
Email (Required)
Phone (Required)
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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