Mostly Absentee Laundromat with Great Lease

Laundromat for sale in Harris County, TX, asking $600,000. The seller reports gross revenue of $222,070, cash flow (SDE) of $58,156. That prices the business at about 10.3x cash flow, with a 26% cash-flow margin on revenue. The business runs with 4 employees. The sale includes $600,000 of furniture, fixtures and equipment, about 100% of the asking price. Reason for selling, as reported: other opportunities, distance. 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.