Beautiful Washateria for Sale in Southwest Houston

Reference #:	414901058
Location:	Southwest Houston
Price:	$275,000
Amount Down:	$275,000
Revenues:	$228,000
Discretionary Earnings:	$103,000
Total Assets:	$0
Business Description:	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 sq/ft laundry is in excellent condition. There is an onsite manager who also runs the dry clean drop station. Sales are 18-20K per month (to be verified by buyer). Rent is $4,310, Gas is $1,600+/-, Water is $1,600+/-, 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).
Contact Us About This Business For Sale The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.