SELLING LOCATION AND ASSET!
Acquire an established 20-year laundromat, strategically located on Highway 90. The 80-year-old retiring owner is absentee, seeking an active owner-operator. The business is poised for revitalization to improve traffic, benefiting from limited local competition.
- Main Revenue Source: Wash & Fold drop-off service.
- Management: Operated by the same long-term manager for approximately 20 years.
- Competition: Limited competition on this side of Highway 90.
- Opportunity: Ideal for an active operator to revitalize traffic.
- Size: Approximately 3,000 sq. ft.
- Age: Built ~21 years ago.
- Equipment: Machines are original (21 years old).
- Upgrades: Recent new plumbing, electrical, and gas lines.
- Monthly Rent: $2,000 per month.
- Lease Type: All NNN (Triple Net) costs are included in the $2,000 base rent.
- Plenty of room for income increase.
- No financial data available. This is asset sale only.
Location & Highway Access
- Highway 90: On-site (0 miles)
- Fort Bend Tollway: ~1 mile
- Sam Houston Tollway (Beltway 8): ~1.5 - 2 miles
- I-610 Loop: ~2.5 - 3 miles
- NRG Stadium: ~4 miles
NO SBA LOAN. NO SELLER FINANCING.
For more information, please copy and paste the link below in your browser to sign our NDA and submit your Proof of Funds (threshold $75,000):
https://form.jotform.com/253034714998062
Ad#:2435821
