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BUSINESS FOR SALE - PROFILE #  414901058

Beautiful Washateria
Southwest Houston
Asking Price: $275,000   Down Payment: $275,000  
Gross Revenue: $228,000   Adj. Cash Flow*: $103,000  
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Executive Summary

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).


 


 

 

Acquisition Highlights

  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 2005 Inventory:
Employees: 1 FT, 1 PT Furniture, Fixtures & Equipment:
Lease/Rent: $4,310 Real Estate:
Building Sq Ft: 3600
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Doug Murrell
Phone:  (713) 780-8789
Fax:  (713) 583-7036
E-mail:  adcall@vrBayouCity.com 		VR Business Brokers - Houston, TX
2100 West Loop South
Suite 1400
Houston, TX 77027
www.vrbayoucity.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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