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Houston, Harris County, Texas
UNDER CONTRACT - Coin Operated Laundromat in Houston
Asking Price
$500,000
Revenue
Call/Email
Down
$300,000
Cash Flow
Call/Email
Name: Sung Kim
Name
Sung Kim
Description
Seller is willing to finance up to 40% of the purchase price at 0% interest.
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.
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.
https://tworld.com/locations/Texas/southandwesttexas/listings/UNDER-CONTRACT-Coin-Operated-Laundromat-in-Houston
Business Details
FE&E:
$150,000
Reason for sale:
Other Ventures
Lease & Tenant Information
Lease Options:
$6,868
Other Information
Listing Number:
76931-262723
Sales:
$240,000
Inventory:
$1,000
Posting Information
Posting ID:
tw:89251
Business Category:
Cleaning/Clothing
Keywords:
Transworld
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Posting Title
UNDER CONTRACT - Coin Operated Laundromat in Houston
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*89251
Full Name (Required)
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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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