Coin Operated Laundromat in Houston

Coin laundry for sale in Houston, TX, asking $500,000. The seller reports gross revenue of $240,000, cash flow (SDE) of $120,000. That prices the business at about 4.2x cash flow, with a 50% cash-flow margin on revenue. The sale includes $150,000 of furniture, fixtures and equipment, about 30% of the asking price. Reason for selling, as reported: other ventures. This listing is published by BusinessBroker.net. Figures are as reported by the seller or broker and are not verified by SudsList. Open the original listing to see the full details and contact the seller.