www.FranchiseAdvantage.com
 

Established Franchises - Business for Sale Details

 

NICE COIN LAUNDRY - WASHATERIA

Seller: Attn: Doug Murrell
Location: Houston, TX, USA
Listing Number: "414901058"


Asking Price: $350,000 USD USA Dollars
Industry: Services: Dry Cleaning & Laundry
Reason for Selling: To focus on other businesses
Year Established: 2005
Number of Employees: 2
Yearly Revenue: $228,000
Yearly Cash Flow: $103,000
Yearly EBITDA: $103,000
Yearly Net Profit: $103,000

Overview of the Business:

This is a well kept laundry on Houston's southwest side (just minutes from Missouri City and Stafford). The business has 37 washers (3 60lb, 5 40lb, 9 30lb, 10 20lb, 10 top load) and 39 dryer (18 double stack and 3 50lb). The spacious 3,600 square feet laundry is in excellent condition. There is an on-site manager who also runs the dry clean drop station. Sales are $18,000-$20,000 per month (to be verified by buyer). Rent is $4,310, Gas is $1,600 approximately, Water is $1,600 approximately, Electricity is $1,500, Insurance is $200, Property Taxes are $84, Security is $26. Monthly net income is between $8,000 and $10,000 per month (to be verified by buyer).


Property Features and Assets:

3,600 square feet leased space. $4,310 rent.


Additional Details:


Contact this Seller

To contact the seller of this specific business for sale please complete and submit the following form. *All fields are required.

First Name: *
Last Name: *
Email Address: *
Phone Number: *
Address:
City: *
State/Province: *
Country:
Zip/Postal Code: *
Feel free to add any additional information:
 
Yes! I would like to receive the BizOpp Journal, the official newsletter of FranchiseAdvantage.com!
Yes, I agree with Franchise Advantage's Business Buyer User Agreement.

Franchise Resales

Looking For More?

Search our Franchise Directory for similar opportunities!