Southwest Houston Washateria - Financing Available!!

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Financial Highlights
Asking Price
$375,000
Revenue
$156,000
Business Description

Up for sale is a Washateria anchored by 2 large retail stores - Turnkey Profitable Operation In highly sought after business locations The business was carefully planned and executed with top of the line Speed Queen machines and state of the art FasCard payment system allowing the owner to passively manage the business with minimal hiccups. The FasCard payment system give customers the liberty to pay with their credit or debit card, smartphone, or loyalty store card. Not only does this system makes it easy for customers to pay, but it also allow the owner to run loyalty rewards programs to keep the customers coming back. Even so, coins are also accepted for the convenience of the customer. Just like a car, Speed Queen machines comes in different trim levels. There's a simple, basic trim that does only what it was meant to do. Then there is a fully loaded trim with all of the bells and whistles that a group of engineers could ever envision. The owner absolutely did not cut corners when he built the business in 2016. He was in it to win it. The washing machines has various wash cycle selections, allowing the customers to pay for only what they need; i.e. your cheapest wash being a cold water, delicate, light load wash and your most expensive wash being hot water, normal, heavy load wash. This alleviates any compromises and enable the business to maximize profit. The owner's ambition for success did not stop here. Even though basin drainage system are more costly to build than a typical PVC drainage system, the owner did not hesitate to go the extra mile for a basin drainage system and a peace of mind. This system tremendously reduces future water backflow flow, plumbing and drainage issues. Nonetheless, the owner has a full-time professional career and a growing family to which he has decided to dedicate more of his time into. This creatively thought out business concept is readily laid out for any motivated absentee investors. There are currently trained employees at both locations and all are willing to stay with the new owner. Training will also be available for buyer. Location! Location! Location! This is the map to the treasure chest. It is situated on a shopping strip near 2 large retail stores (1 is a national big box store). Near lots of apartments and single family homes. Plenty of parking, very accessible. 2,860 SQ FT - Built in 2016 - FasCard Payment System - 34 Washers / 31 Dryers - 5 years left on lease Financing is available with 35% down! Please sign NDA Form attached and return to kevin.tran@exprealty.com Memorandum with cash flow statement will be provided upon receipt of NDA Kevin Tran 713-894-8773 kevin.tran@exprealty.com No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, or other conditions, withdrawal without notice, and to any special listing conditions imposed by the business owner(s) or listing agent. As applicable, THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION Location: Houston, Texas Year Established: 2016 Number of Employees: 5 Real Estate: Leased Rent: $4,250.00 Per Month

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 5 hours ago

Views: 9

Favorites: 0