Established Laundromat for sale in Austin

Laundromat for sale in Travis County, TX, asking $900,000. The seller reports gross revenue of $463,064, cash flow (SDE) of $215,208. That prices the business at about 4.2x cash flow, with a 46% cash-flow margin on revenue. The business was established in 2014, giving it 12 years of operating history, and runs with 5 employees. The sale includes $175,000 of furniture, fixtures and equipment, about 19% of the asking price. Reason for selling, as reported: relocating out of state. 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.