Towers Developments, Inc.
Coin-Operated Laundries and Drycleaners · Houston, TX
Towers Developments, Inc. is a business in Houston, Texas, listed under coin-operated laundries and drycleaners, with 10 to 19 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $430K to $830K.
Public record
- Industry
- Coin-Operated Laundries and Drycleaners (NAICS 812310, as reported by the business)
- Location
- Houston, Texas
- Staff
- 10 to 19 people (as reported in 2020 to 2021)
- Local rank
- #5 of 55 businesses in Houston listed under coin-operated laundries and drycleaners, by staff size (2020 to 2021)
- Registration
- Active (as of October 2026)
- Formed
- August 23, 2002
- As of
- 2020 to 2021. Details may have changed since then.
What businesses like this sell for
Businesses in Drycleaning and Laundry Services with 10 to 19 staff, bought 2023 to 2026. Based on 58 purchases.
Loans used to buy them
$360K to $710K
Middle loan about $470K
Estimated purchase prices
$430K to $830K
Middle price about $560K
How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Towers Developments, Inc..
Financials of businesses like this
Average revenue
$1.1M
a year
Average payroll
$282K
25% of revenue
Average staff
12.3
people
US averages for coin-operated laundries and drycleaners with 10 to 19 staff, 2022 (494 businesses). These are not Towers Developments, Inc.'s own figures; its own revenue and profit are what a valuation needs.
Value Towers Developments, Inc. on Value Alpha
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Drycleaning and Laundry Services in Houston: the sale report
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Questions
- How much is a business listed under drycleaning and laundry services worth in Texas?
- From 2023 to 2026, businesses listed under drycleaning and laundry services with 10 to 19 staff sold for about $430K to $830K, with a middle price of about $560K, based on 58 purchases. A business's own value depends on its revenue, profit and owner pay.
- How current is the information about Towers Developments, Inc.?
- The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
- How can the owner of Towers Developments, Inc. get a valuation?
- Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.
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- 4M R.E.I. Inc. · Coin-Operated Laundries and Drycleaners
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