Speed Laundromat
Houston, TX
Asking price
$375,000
Machines
57
Cap rate
—
Price / machine
$6,579
About this property
Established Washeteria Laundromat Business for Sale in Southwest Houston presents an outstanding owner-user or investment opportunity in a high-demand Houston trade area. This 3,106 SF laundromat business operates in an established retail center and is backed by a fresh 5-year lease that commenced April 1, 2025, with two additional 5-year renewal options. The business is equipped with 36 washers and 38 dryers, plus a full package of operational equipment including payment center, bill breakers, camera system, folding tables, TVs, office furnishings, and LED signage. with value add upside potential through the addition of wash-and-fold, delivery service, and targeted advertising and marketing. Permitted use includes a washateria, and related product sales, can creating multiple income stream possibilities. Located on Hillcroft Avenue, the property benefits from established neighborhood visibility and convenience for surrounding residential customers. A turnkey setup, long-term lease stability, and clear operational upside make this a compelling opportunity for buyers seeking an income-producing laundry business in Houston.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $375,000 |
|---|---|
| Machines | 57 |
| Price per machine | $6,579 |
| Washers / dryers | 36 / 21 |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Sep 13, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a laundromat, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Lease terms — not disclosed
What is the remaining lease term, the rent, the escalations and the renewal options?
A business-only purchase with three years left on the lease is buying three years. This is the number that decides the deal.
How revenue is evidenced — not disclosed
How is revenue documented — card system reports, tax returns, or owner estimates?
A largely cash business needs evidence beyond a seller spreadsheet. What you can verify is what you can finance.
Utility cost and who pays — not disclosed
What do water, gas and electricity cost annually, and are any included in the rent?
The largest operating expense in a laundromat, and the one most often understated.
Whether the figure is SDE or NOI — not disclosed
Is the income figure seller discretionary earnings or net operating income?
SDE includes the owner salary; NOI does not. Treating one as the other overstates what you can pay by a wide margin.
Asking price — disclosed
Currency of the asking price — disclosed
Whether real estate is included — disclosed
Machine count, age and mix — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.