Service Businesses
Long-Standing Washateria Available in Midtown Houston
Houston
$25,000
Asking Price
N/A
Cash Flow
N/A
Gross Revenue
N/A
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
This washateria, serving the Midtown Houston area for over 30 years, comes with 36 washers and 25 dryers, though 19 machines are currently out of service. The facility covers 2,600 sq. ft. and has a monthly rent of $8,400. A new long-term lease will be offered to the buyer, contingent upon a minimum net worth of $250K and $100K liquid assets after purchase.
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